South Sudan is asking crude producers for a total pre-payment of $2.5 billion, which it intends to refund through future production that would have been entitled to Petroliam Nasional Bhd.

South Sudan and China National Petroleum Corporation (CNPC) are discussing the idea to build an alternative oil pipeline from the landlocked African country to Djibouti via Ethiopia to boost export ...

KHARTOUM, July 27 (Reuters) - Sudan has signed a deal with Chinese state oil firm China National Petroleum Corp. (CNPC) <0135.HK> to take a majority stake in its Block 13 exploration site, off the ...

DUBAI, United Arab Emirates — Fighting around Sudan’s largest oil refinery set the sprawling complex ablaze, satellite data analyzed by The Associated Press on Saturday shows, sending thick, black ...

BEIJING (Reuters) - China National Petroleum Co, or CNPC, has entered into an agreement with South Sudan to boost production of existing oilfields in the young African state, according to a report in ...

South Sudan's petroleum ministry confirmed on Thursday that it had asked for a total of $2.5 billion in oil-backed loans from two international firms operating in the country. The total amount ...