Showing posts with label Petronas. Show all posts
Showing posts with label Petronas. Show all posts

Tuesday, November 11, 2025

Chinese Company Replaces US and Malaysian Companies in Chad's Oil Sector

 The South China Morning Post published on 10 November 2025 an article titled "China Steps in as Chad Bets Oil Future on Beijing after Western Exit" by Jevans Nyabiage.  

The China National Petroleum Company is expanding Chad's oil refining capacity as ExxonMobil, Chevron, and Malaysa's Petronas exit the country, driven by escalating disputes over asset ownership and taxation, compounded by shifts in corporate strategy.

Sunday, August 25, 2024

Malaysian Oil Company Pulls Out of South Sudan

 S & P Global published on 20 August 2024 an article titled "South Sudan's State-owned Nilepet to Take Over Petronas Oil Fields."

South Sudan's state-owned oil company is set to assume ownership of Malaysian oil company Petronas' assets in the country.  Petronas withdrew from South Sudan earlier this month because of ongoing conflict in neighboring Sudan, an inability to ensure staff safety, and mounting operational costs.  

Thursday, May 30, 2024

Repair of South Sudan's Oil Pipeline to Port Sudan

 The Arab Weekly published on 29 May 2024 an article titled "Repaired Sudan Oil Pipeline, a Key Source of Revenue for Juba, to Resume Operation."

Oil provides 90 percent of South Sudan's foreign exchange earnings.  One of its two pipelines, which carries two-thirds of its total oil exports, has been out of service since February due to the civil war in Sudan.  The rupture of the Chinese-Malaysian pipeline has been repaired and oil can flow again once the waxy crude has been flushed through the line.

Thursday, September 15, 2016

Corruption in South Sudan

The Sentry, an initiative of the Enough Project, published in September 2016 a lengthy report titled "War Crimes Shouldn't Pay: Stopping the Looting and Destruction in South Sudan."

The report concluded that the top officials responsible for mass atrocities in South Sudan have managed to accumulate fortunes while the rest of the country suffers the consequences, in some places experiencing near-famine conditions.

The New Atlanticist published on 28 September 2016 an article titled "South Sudan's First Vice President Blames Roads, Criminals for Blocking UN Efforts" by Ashish Kumar Sen. The article responds to the corruption charges in The Sentry and includes an interview with South Sudan's First Vice President Taban Deng Gai.