Force majeure: an event that’s above and beyond our control. That expression borrowed by insurers from the French to describe what may otherwise be described as an act of God. Los Angeles’ ...
Sudan lifted a force majeure notice issued in March on crude exports from South Sudan, signaling resumption of oil shipments through a pipeline that had been damaged in a war zone.
Dar Petroleum Operating Company (DPOC), the largest oil operator in South Sudan, will resume oil production on Wednesday ...
A recent surge in U.S. Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that ...
Beleaguered nation's petroleum minister says production from two blocks will start heading north to Port Sudan on Wednesday ...
The lifting of force majeure will allow South Sudan to resume pumping as much as 150,000 barrels a day of crude oil to an export terminal on Port Sudan. The bulk of the crude is exported to refiners ...