Force majeure: an event that’s above and beyond our control. That expression borrowed by insurers from the French to describe ...

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 ...

Sudan has lifted a near one year force majeure on the transportation of crude oil from its neighbour South Sudan to a port on the Red Sea after security conditions improved, according to a letter seen ...

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 ...