South Sudan's Cup Runneth Over With More Black Gold
300 million barrels of oil have been discovered by a consortium commissioned by the government to do prospecting in the southeastern region of the country. This sets in motion opportunities for more oil exploration licences from the government, as more areas are confirmed as oil rich.
(file photo)
InFocus
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In 2018 South Africa's Department of Energy pledged to invest U.S.$1 billion into South Sudan's petroleum industry, with the aim of securing affordable energy supplies. Read more »
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President Salva Kiir has received offers from agents of established companies, organizations and financing groups worth billions of dollars, that critics warn will mortgage the ... Read more »