Dear All,
Many countries are capable to manage themselves and build their nations with low capital and limit resources compare to Southern Sudan with this huge revenues, if the infact nation consider factors of economy to take its course I think the country won't be known for corruptions and high standard of living like in Juba which is known as the most second expensive city over the planet under Tokoyo--------------------------------------------------------


10 latest articles on Oil in Sudan :
Turkish firm to invest $60 mln in Sudan oil field
Sunday 17 December 2006 04:30
Dec 16, 2006 (KHARTOUM) — The Turkish Delta Petroleum Group announced that it group will begin investment in the oil field in Sudan in next February at the value of 60 million dollars.
At a press conference Saturday in Khartoum at Sharjah Hall, Chairman of the Board of Directors, Mehmet Habbab, said that Delta Group has finalized procedure and arrangements to carry out its work in the oil field in Sudan.
He said that Delta Group plans to begin establishment of deposits and workshops in (...)

White Nile exploration license Illegal - Sudanese mininster
Friday 15 December 2006 05:30
Dec 14, 2006 (ABUJA) — Sudan’s oil minister said Thursday that White Nile Ltd’s (WNL.LN) oil exploration license in the South of the country is "illegal."
The statement underpins the fact that the central government’s position remains unchanged a year and a half after an autonomous authority in the South awarded the oil company a license on an area previously controlled by Total SA (TOT).
The oil ministry rejected the deal when it was announced in February 2005 but White Nile claimed (...)

South Sudan share in oil revenues stands at $73.5 mln for Oct 06
Monday 11 December 2006 01:25
Dec 10, 2006 (KHARTOUM) — Southern Sudan Government share in oil revenues for the month of October 2006 stands at 73. 5 million US dollars including 43.2 million US dollars in oil export revenues and 30.3 million US dollars from local sale of petroleum products while the current expenditure for the same month stands at 5.45 million dollars.
Therefore making the total sum transferred to the government of Southern Sudan 51.96 million US dollars, at the beginning of the month of November, the (...)

Angola, Sudan could hamper OPEC cohesion
Wednesday 6 December 2006 03:00
Dec 5, 2006 (HOUSTON) — The Organization of Petroleum Exporting Countries will find it difficult to restrain production if it accepts fast-growing Angola and Sudan into the cartel, BP PLC (BP) Deputy Chief Economist Christof Ruhl said Tuesday.
"Major investments" occurring in Angola and Sudan’s upstream sectors will "make coordination more difficult," especially at a time when the cartel seeks to curb output, Ruhl told Dow Jones Newswires on the sidelines of a Deloitte conference.
OPEC (...)

White Nile raises £12 mln to test Sudan
Saturday 2 December 2006 04:10
By Mark Odell
Dec 1, 2006 (LONDON) — White Nile, the Aim-listed oil explorer , has raised £12m to finance an appraisal drilling programme in Sudan, in spite of a dispute over the area with Total of France.
The Guernsey-registered company, which is run by Phil Edmonds, the former cricketer, and business partner Andrew Groves, raised the funds from a mix of new and existing institutional investors via a placement at 100p per share, a 12.5 per cent discount to the previous closing price.
The (...)

Entry into OPEC could hinder western investment - analysts
Saturday 2 December 2006 02:35
By Spencer Swartz and Selina Williams
Dec 1, 2006 (CAIRO/LONDON) — The industrialized world’s energy watchdog said plans by Angola, Sudan and Ecuador to join the Organization of Petroleum Exporting Countries could slow investment by Western oil companies in the three countries, potentially hindering new supplies of crude oil coming to thirsty world markets.
"Our main concern would be the impact this could have on investment flows into the upstream sectors of those countries," said David (...)

South Sudan to use oil money on agriculture- official
Friday 1 December 2006 10:21
Nov 30, 2006 (JOHANNESBURG) — Southern Sudan would channel its oil revenue into agriculture and infrastructure development, a top priority it faces after emerging from prolonged civil war, Sudanese officials said here on Thursday.
"We have to use our oil money to oil our agriculture," said Barnaba Benjamin, the minister of regional cooperation in the government of Southern Sudan, which is rich in oil.
Benjamin said oil industry in Sudan was mainly participated by Asian countries including (...)

Sudan to announce results of 3 oil tenders in ’07
Friday 1 December 2006 04:30
Nov 30, 2006 (CAIRO) — Sudan’s Oil Minister Awad Ahmed al-Jaz said Thursday that the results of tenders for three oil blocks are expected to be announced next year.
"We’ve had many small companies that have submitted applications for the blocks," he told Dow Jones Newswires on the sidelines of an energy conference in the Egyptian capital.
One of the blocks is both onshore and in shallow waters. The other two blocks are onshore, al-Jaz added.
The Sudanese oil industry is currently (...)

Sudan considers joining OPEC
Friday 1 December 2006 00:30
Nov 30, 2006 (KHARTOUM) — Sudan is considering joining the Organization of the Petroleum Exporting Countries pending approval from President Omar Hassan al-Bashir, an oil ministry official told Reuters on Thursday.
"The application for joining OPEC is in front of the president," said Mohamed Siddig, a spokesman from the Sudanese oil ministry in Khartoum.
Sudan pumps around 330,000 barrels per day of crude.
Fellow African oil producer Angola said on Thursday it aimed to join OPEC next year. (...)

White Nile raises 12 mln stg to fund South Sudan operations
Thursday 30 November 2006 01:00
Nov 29, 2006 (LONDON) — White Nile Limited said it has raised 12 mln stg through placing of 12 mln new shares at 1 stg per share to fund the drilling and development of its Block Ba oil concession area in Southern Sudan.
The company said it has secured a Romanian rig to start drilling three exploration wells at Muglad basin area of Block Ba during the dry season, with the first exploration well targeted for the first-quarter of 2007.
Its Pibor programme in the Melut basin is on track to (...)
Regards,
Mayen