Exclusive: Komgo buys GTC
01-12-22 / by Eleanor Wragg
Commodity trade finance platform Komgo has acquired Canada-based GlobalTrade Corporation (GTC) for an undisclosed sum,...Total
Insurers move away from coal, oil and gas but loopholes remain, says new report
19-10-22 / by Jenny Messenger
Support for fossil fuels among insurers is dwindling, while almost two-thirds of reinsurers have coal...
Digital confirmations come to seaborne oil trading
21-09-22 / by Jacob Atkins
Trade technology provider Vakt says two oil trading giants are now using its platform to...
Renewed calls for SMBC to halt East African pipeline support
29-06-22 / by Felix Thompson
A group of environmental organisations and NGOs are putting pressure on Japanese lender SMBC to...
JBIC halts financing for Russian LNG project
14-06-22 / by Felix Thompson
The Japan Bank for International Cooperation (JBIC) has suspended funding for Russian gas producer Novatek’s...
UKEF faces further legal action over Mozambique LNG project
20-04-22 / by Jacob Atkins
A conservation group says it will continue its fight against UK Export Finance’s (UKEF) decision...
Energy giants’ Myanmar exit renews attention on sanctions
26-01-22 / by Jacob Atkins
A decision by energy giants Total and Chevron to pull out of a gas project...
Crédit Agricole loses bid to recoup US$24mn lost in ZenRock fraud
19-01-22 / by Jacob Atkins
French banking giant Crédit Agricole has lost an attempt to claw back US$23.6mn it lost...
International lenders plough support into Arctic gas project, German involvement “still pending”
01-12-21 / by Felix Thompson
Russian gas producer Novatek’s controversial Arctic LNG project has secured a bumper financing package from...
Banks and ECAs urged to cull funding for Arctic oil and gas firms
29-09-21 / by Felix Thompson
Commercial banks have been urged to close “corporate financing loopholes” amid concerns they’re playing a...