• 5 minutes Trump vs. MbS
  • 9 minutes Saudis Threaten Retaliation If Sanctions are Imposed
  • 15 minutes Can the World Survive without Saudi Oil?
  • 28 mins WTI @ $75.75, headed for $64 - 67
  • 5 hours The Dirt on Clean Electric Cars
  • 17 mins EU to Splash Billions on Battery Factories
  • 2 hours Petrol versus EV
  • 9 hours These are the world’s most competitive economies: US No. 1
  • 9 hours The end of "King Coal" in the Wales
  • 18 hours Saudi-Kuwaiti Talks on Shared Oil Stall Over Chevron
  • 16 hours Closing the circle around Saudi Arabia: Where did Khashoggi disappear?
  • 18 hours Coal remains a major source of power in Europe.
  • 8 hours E-mopeds
  • 1 day Poland signs 20-year deal on U.S. LNG supplies
  • 8 hours 10 Incredible Facts about U.S. LNG
  • 5 hours U.N. About Climate Change: World Must Take 'Unprecedented' Steps To Avert Worst Effects
Global Economy Throwing Up Red Flags For Oil

Global Economy Throwing Up Red Flags For Oil

Investors are feeling increasingly gloomy…

Oil Prices Subdued, But For How Long?

Oil Prices Subdued, But For How Long?

Oil prices may have closed…

South Sudan Warns Khartoum Against Impeding Oil Exports

South Sudan’s government has warned the Sudanese government against continuing to delay the export of its petroleum through its northern ports by preventing ships carrying crude from transporting South Sudan's petroleum. Heightening the tension, Juba said that it would stop pumping oil on 15 January, two days before the scheduled resumption of negotiations between the two nations in Addis Ababa under African Union auspices if the Sudanese government continued using what it described as “the law of the jungle” in dealing with the newly independent South Sudan.
 
During an interview with Al-Sharq al-Awsat newspaper on 12 January South Sudan Minister of Petroleum and Mining Stephen Dhieu remarked, "Khartoum is detaining two ships in Port Sudan that were loaded with petroleum. It has also barred two ships from docking at the port and refused to give entry permission to two more ships which are on their way to Port Sudan. The total value of the crude is $500 million. We on our part have not stopped the production of petroleum before, but if the Sudanese Government continues in its dealings by forcibly taking the petroleum of the South and rejecting the ships of the companies which have bought crude petroleum from us, we shall stop pumping it in all locations as of 15 January."

By. Joao Peixe, Deputy Editor OilPrice.com


x

Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News