Sudan and South Sudan leaders bid to defuse oil dispute

• Friday, 27th January 2012
• by Egypt Oil & Gas

The presidents of Sudan and South Sudan are meeting in the Ethiopian capital Addis Ababa to discuss a deepening crisis over sharing their oil wealth When South Sudan became independent last July, Sudan lost most of it...

S.Sudan says Sudan seized oil worth $815 million

• Monday, 23rd January 2012
• by Egypt Oil & Gas

South Sudan President Salva Kiir accused Sudan on Monday of seizing $815 million worth of its crude oil in a row over how to share oil revenues between the former civil war foes. South Sudan seceded last July under a ...

South Sudan to build crude pipe thru E Africa

• Saturday, 21st January 2012
• by Egypt Oil & Gas

South Sudan is planning to construct an oil refinery and a crude oil export pipeline through East Africa with the help of international oil companies operating in its fields, China’s state-run Xinhua news agency...

China urges “restraint” in Sudan oil transit dispute

• Saturday, 21st January 2012
• by Egypt Oil & Gas

China, the biggest investor in oilfields in the new nation of South Sudan, called for “calm and restraint” as a transit fee dispute threatened to cut off crude exports from the African producer. South Suda...

Petronas to continue in South Sudan

• Monday, 16th January 2012
• by Egypt Oil & Gas

Malaysia’s state-run oil company Petronas has signed a transition agreement with the government of the Republic of South Sudan to allow it to continue operations on blocks previously awarded by the Republic of Sudan. ...

South Sudan Signs First Oil Deals Since Independence

• Saturday, 14th January 2012
• by Egypt Oil & Gas

South Sudan signed its first oil deals with foreign nations since it won independence last July, inking agreements with Chinese, Indian and Malaysian firms, officials said. Oil revenues make up 98 percent of governmen...