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Commodity Market Collateral > Blog > Finance

Shell wraps up Namibia drilling as Africa’s newest oil hotspot enters a decisive phase

  • July 10, 2026
  • Stella
  • Finance
The energy major’s Deepsea Mira semi-submersible rig completed its contract on July 2 after beginning operations in April, with owner Northern Ocean confirming that Shell did not exercise its...
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One of Africa’s largest economies attracted $4.3 billion from foreign investors

  • July 10, 2026
  • Stella
  • Finance
The results were disclosed by the Ethiopian Investment Commission (EIC) during its annual performance review, in which Commissioner Zeleke Temesgen reviewed the agency’s accomplishments over the previous year and...
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Singapore’s Temasek hits record portfolio value, eyes more investment in AI, infrastructure and private credit.

  • July 9, 2026
  • Stella
  • Finance
Singapore state investor Temasek Holdings saw its net portfolio value climb to 518 billion Singapore dollars ($401 billion) for the year ended March 31, a second straight annual record....
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Singapore’s Temasek boosts China exposure by $7.7 billion, biggest rise in five years, in AI-driven pivot

  • July 9, 2026
  • Stella
  • Finance
Temasek Holdings increased its China exposure by 10 billion Singapore dollars ($7.7 billion) last fiscal year — the biggest annual increase in five years, as the state investor repositions...
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Another African country tightens grip on its gold sector after up to $3.8 billion in annual exports go undeclared

  • July 9, 2026
  • Stella
  • Finance
The government said the newly created Malian Office of Precious Substances will centralise and oversee the trade of gold and other precious minerals, particularly from artisanal and small-scale miners,...
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Washington’s Plan to Neutralize Iran’s Hormuz Leverage.

  • July 9, 2026
  • Stella
  • Finance
For decades, Iran has relied on the Strait of Hormuz as its most effective geopolitical weapon — a crucial energy chokepoint through which up to a third of the...
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ECOWAS bank plans to double assets to $4.4 billion to help close West Africa’s $36 billion infrastructure financing gap

  • July 9, 2026
  • Stella
  • Finance
The ECOWAS Bank for Investment and Development (EBID) plans to double its balance sheet to $4.4 billion over the next five years as it seeks to narrow West Africa’s...
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ExxonMobil returns to Africa’s biggest oil producer with $1billion bet after nearly a decade

  • July 9, 2026
  • Stella
  • Finance
The U.S. oil major, through its Nigerian affiliate Esso Exploration and Production Nigeria (Offshore East) Limited, has commenced work on the Usan Infill Project in Oil Mining Lease (OML)...
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63 Million Barrels Of Crude Stuck At Sea As U.S. Pulls Iran Sanction Waiver

  • July 9, 2026
  • Stella
  • Finance
Iran was struggling to sell its crude to buyers in Asia outside China even before the U.S. rescinded overnight the sanctions waiver that allowed Tehran to sell its oil...
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TotalEnergies Eyes Offshore Exploration Deal in Syria

  • July 9, 2026
  • Stella
  • Finance
TotalEnergies is looking to discuss the potential signing of an exploration contract offshore Syria with officials in Damascus, the French supermajor’s chief executive, Patrick Pouyanné, said during a visit...
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Oil prices fall to $87.3 as resilient supply flows offset Mideast geopolitical risks July 31, 2026
HSBC sells US$25 billion Australian home and personal loan portfolio to Blackstone July 31, 2026
BP Puts Its North Sea Oil Business Up for Sale July 31, 2026
Six Saudi Oil Tankers Reroute Around Africa to Dodge Houthi Threat July 31, 2026
Africa’s most indebted country to the IMF unlocks an extra $1.8 billion from the global lender July 31, 2026

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Oil prices fall to $87.3 as resilient supply flows offset Mideast geopolitical risks July 31, 2026
HSBC sells US$25 billion Australian home and personal loan portfolio to Blackstone July 31, 2026
BP Puts Its North Sea Oil Business Up for Sale July 31, 2026

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