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South Sudan has restarted oil production, more than a year after it was halted by disputes with its neighbour Sudan.
Switzerland-based oil trader signs lucrative deal to export Dar Blend low-sulphur crude oil from republic.
AU-brokered agreement, to be implemented within two weeks, comes a year after South shut down oil trade with North.
This is an open editorial and reflects the authors opinion, not facts.
The government of South Sudan stopped the flow of oil because the oil companies were colluding with the government of Sudan in stealing. Oil revenue constituted more than 95% of the income of the government of South Sudan. The loss of revenue necessitated the introduction of the infamous austerity measures.
Sudan and South Sudan have agreed on immediate and unconditional withdrawal of forces to their side within two weeks, to allow for establishment of a safe demilitarized border zone, the African Union High Level Implementation Panel (AUHIP) said Friday.
Norwegian authorities require a number of things from foreign oil and gas companies regarding the Norwegian Continental Shelf, but do not ask if they violate human rights in other countries.
The Sudanese foreign ministry issued a statement today reaffirming its desire to implement the nine cooperation agreements signed last September with South Sudan that were brokered by the African Union (AU) mediation team.
The wealthy oil family Lundin are accused of having contributed to war crimes in Sudan. The scandal includes Foreign Minister Carl Bildt.
The Sudanese government has offered Indonesia oil and gas exploration opportunities in the country for its companies, an official in Jakarta said.
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