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In Unity State major concern arise from water contamination by oil spills, reduction of crop yields and clearance of large forests.
Akon Refinery Company Ltd. (ARC), a joint venture between Nile PetroleumCorp. and Eyat Oilfield Services Co. Ltd., released a tender in April for potential investors in a planned refinery in South Sudan.
Sudapet sold two cargoes of Nile Blend crude for loading in June to European trader Arcadia. The 600,000-barrel lots were traded at a discount of around $5.37 to $5.90 a barrel to the Minas Indonesia Crude Price (ICP).
Southern Sudan intends to implement a review of all oil contracts inked between Khartoum and overseas oil players. Southern Sudan doesn't plan to revoke existing deals, but wants to assert a higher level of control over its oil industry than currently exists.
Clashes kill in tense oil-rich border region. Violence escalating ahead of April elections
Global Witness says large discrepancies persist between the oil production data published by the government of Sudan and those published by CNPC, with which Petronas operates several blocks. The figures published by the government are significantly lower, raising fears that tensions could be fuelled between the North and South which share the proceeds.
Sudan executed two people convicted of killing four oil workers, two of them Chinese. The two were found guilty in 2004 of killing the workers and looting their vehicle in Heglig in Sudan's South Kordofan state.
Large discrepancies persist between the oil production data published by the government of Sudan and those published by the main Chinese oil company operating in the country, Global Witness says six months after the publication of its report which first exposed the gaps.
Please find Pdf of full press release below.
CNPC sold a cargo of Dar Blend crude for April loading at a discount of about $8 a barrel to dated Brent.
The leadership of South Sudan has downplayed fears of fresh conflict over oil reserves within its territory after the planned 2011 referendum.
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