In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:

TXF spoke with Charles Xu, managing director of commercial finance & capital markets at GE China, to discuss the benefits of directly sourcing Chinese financings in a global power market with only a handful of major players

Russia’s Lukoil is set to invest $101m in its Romanian refinery by 2021

Petrobras Oil and Gas (POG) closed a six-year $1.8 billion reserve-based lending facility (RBL) on 6 December to refinance an existing $1.24bn RBL

Brazil's BNDES has chosen Ethereum's blockchain to launch a new pilot for their BNDES token

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