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South Sudan Oil

Optimism skyrockets in South Sudan oil sector

South Sudan oil and power 2018 conference has ended in Juba with one positive sign: tremendous progress is being made in the oil sector, following a successful peace...

South Africa’s State-owned oil company signs deal to explore highly-prospective oil block in South Sudan

South Africa on Monday signed an exploration and production sharing agreement (EPSA) with South Sudan for Block B2South Africa’s state-owned oil company Strategic...

Oil | South Sudan, African Energy Chamber sign partnership agreement

The African Energy Chamber has entered into a technical assistance cooperation agreement with the Ministry of Petroleum of the Republic of South Sudan to strengthen the country’s...

Gas discovery in South Africa opens door to endless new opportunities

The recent gas condensate discovery by Total in Block 11B/12B about, 100 miles off the southern coast of South Africa, is a great first step for the...

Equatorial Guinea orders immediate termination of all contracts with US based oil service company Subsea 7

Equatorial Guinea has ordered all petroleum operators in the country, including Noble Energy, Exxon Mobil, Kosmos Energy, Trident and Marathon Oil Corporation to cancel all contracts with...

Sudan joins Russia to undercut the West in Central African Republic

By Scott Morgan/Washington, D.CSudanese President is continuing hisdiplomatic charm offensive regarding another key African Security...

Buhari Warns Both Sudans Not To Make Nigeria’s Oil Mistake But Diversify Economies Before It’s Late

President Muhammadu Buhari on Monday warned both South Sudan and Sudan not to make Nigeria's big mistake by over relying on oil money, but should rather diversify their economies away from black gold.A mono-cultural economy...

Buhari To S/Sudan: Don’t Repeat Nigeria’s Mistakes, Look Beyond Oil To Grow Your Economy

President Muhammadu Buhari on Tuesday urged the South Sudanese government to invest more in agriculture and not to be solely dependent on oil revenues to grow the nation’s economy.Mr. Buhari was receiving the outgoing South Sudanese...

Foreign private investment now rivals aid in low-income African countries

WASHINGTON – Foreign private investment now supplies about as much finance as foreign aid in many low-income countries, including in Africa, according to a new study published on Wednesday by the Center...