Chevron Moves Closer to Iraq’s Biggest Oil Prize—and a Hormuz Exit Strategy
Chevron is taking another step toward expanding its footprint in Iraq, and
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Africa’s second-largest diamond producer insists on having a seat at Africa’s biggest diamond company
The acquisition of a 20% to 30% stake by Angola would primarily
$612 million investment begins paying off as South African gold firm pours its first gold.
The company’s Ergo and Far West Gold Recoveries activities have focused on
Developing African countries to tap a €1 billion fund from Germany’s largest bank and the World Bank.
This initiative serves as MIGA’s first standalone trade finance portfolio guarantee platform
Nova Africa plans $21 million Botswana gold mine restart
The joint venture’s acquisition package aims to revitalize the long-dormant operations and
Iran declares regional oil export ban amid US strikes
The Iranian military has vowed to prevent crude products from being transported
Brent Futures Flip to Backwardation as Middle East Supply Risks Return
The Brent Crude futures curve flipped into backwardation this week, signaling expectations of tight
Oil Jumps Above $87 as Russia-Ukraine Black Sea Attacks Escalate
A Russian drone strike on a commercial vessel in Ukraine’s Odesa region
Africa’s largest oil refinery switches to the dollar for its new pricing system
The transition terminates the refinery’s usage of naira for refined product sales,
Trump demands shipping vessels pay 20% if they want to get through the Strait of Hormuz
The Hormuz Strait is OPEN, and will remain OPEN, with or without