Investment News in Sudan

Kidnapped Chinese Workers Freed in Sudan Oil State
2/7/2012 - Sudanese rebels released 29 Chinese workers, ten days after kidnapping them in the main oil-producing state of South Kordofan where the army has been fighting insurgents, Sudan's foreign ministry said...
South Sudan Rejects African Union Oil Plan
2/1/2012 - South Sudan's chief negotiator has rejected African Union-backed proposals that could see it pay up to $6.5 billion to Sudan in the latest attempt to break a deadlock between the two over oil export t...
South Sudan Demands Border Deal before Restarting Oil
1/29/2012 - South Sudan has totally shut down oil output in a row with Sudan over export transit fees and will only restart after the two reach a deal covering border security and the disputed Abyei region, its o...
Sudan and South Sudan Leaders Fail to Reach Oil Deal
1/27/2012 - The presidents of Sudan and South Sudan failed to resolve an oil dispute that has led to the shutdown of the South's crude output and threatened both countries' economies. The row centres on how much ...
Sudan & South Sudan Leaders Bid to Defuse Oil Dispute
1/27/2012 - 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, Sud...
Sudan Confiscates Some Oil Exports from South Sudan
Sudan Confiscates Some Oil Exports from South Sudan 1/15/2012 - Sudan said it has started confiscating some oil exports from South Sudan that it believes it is owed to meet unpaid transit fees but will not shut down a pipeline carrying the southern state's oil. Th...
South Sudan Signs First Oil Deals since Independence
South Sudan Signs First Oil Deals since Independence 1/13/2012 - 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 per...
Shell Eyes Possible South Sudan Opportunities
Shell Eyes Possible South Sudan Opportunities 1/3/2012 - Royal Dutch Shell Plc said it is eyeing potential opportunities in South Sudan, which last July broke away from Khartoum, taking with it two-thirds of Sudan's 500,000 barrels per day of oil production...
Sudan to Invite Bids to Run Six New Oil & Gas Blocks
Sudan to Invite Bids to Run Six New Oil & Gas Blocks 12/19/2011 - Sudan will invite bids from firms to operate in six new oil and gas blocks early next year, the oil minister said, as the country moves to compensate for the loss of the crude-producing south. Sudan h...
Oil-Rich South Sudan to Launch its Economic Pitch
Oil-Rich South Sudan to Launch its Economic Pitch 12/14/2011 - South Sudan makes its debut for western oil companies, aid organizations and agribusiness this week at a U.S.-backed conference aimed at setting Africa's newest country on the path to economic develop...
U.S. Treasury Eases Sanctions on South Sudan
12/10/2011 - The United States is easing sanctions on South Sudan to allow investment in the newly independent nation's oil sector, the Treasury Department's Office of Foreign Assets Control (OFAC) said. OFAC issu...

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