KHARTOUM - Kuwait is investing USD 1.5 billion in Sudan, the leading investor in the African country, a report by the investment ministry showed here Monday. The report said Kuwaiti investments concentrated in real estates, banks, construction, communications, oil, agriculture and...

NAIROBI - Kenyan government will resume a monthly import of 500,000 barrels of crude oil from neighbouring Sudan following an agreement signed between two countries on yesterday. The move to procure crude from Sudan comes at a time when oil and fuel prices are at a record high, officials have...

Steven Candia Kampala - Uganda and Sudan will today hold a bilateral meeting to discuss the proposed construction of a railway line between the two states. A statement from the Uganda National Roads Authority issued yesterday said the meeting is to review the Uganda-Sudan joint ministerial...

KHARTOUM,SUDAN - Sudan Vision carried a report stating that oil revenues for June 2008 reached US$ 787.08 million, out of which the export revenues were US$513.17 million and the crude used in the local refineries valued at US$173.91 million. National government share from the oil revenue for June...

SINGAPORE - Sudan sold via tender Nile Blend crude for September at a discount of $5.00 a barrel to the Minas Indonesia Crude Price (ICP), an improvement of $2.00 from the best bid it received when it first tendered the cargo, traders said on Wednesday. Chinese trader Chinaoil was awarded the 1...

KAMPALA,UGANDA - ROOFINGS expects $10m (about sh16.3b) from exports to southern Sudan this year, the chief executive officer, Sikander Lalani, has predicted. Lalani said the building materials manufacturer had already exported items worth $4.7m (sh7.6b) to southern Sudan in the first six months...

SINGAPORE - Sudan has sold term September-to-December Nile Blend crude at higher premiums in a sign of strengthening demand for the grade despite high Minas prices, traders said on Thursday. European trader Arcadia and French major Total were awarded term volumes at premiums of between 30 and 50...

  KHARTOUM,SUDAN - Oil revenues in Sudan in the past month reached USD 514.51 million, Sudanese Ministry of Finance said on Sunday. Sudanese central government's share from the revenues totaling USD 307.54 million, while the regional government in southern Sudan's share totaled USD 207.06...

SINGAPORE - Sudan has offered via tender 1.6 million barrels of acidic Dar Blend crude for August loading, steady to July levels, a trader said on Friday. The tender closes on July 10, and bids are to remain valid until July 13, the trader added. Last month, Sudan sold 1.6 million barrels of the...

Badru Mulumba Nairobi/Juba- Oil drilling is set to start at a formerly disputed area of Sudan, after a successful defence of mining rights by French oil giant Total in a London court. Total got a judgement on the case last year and has since set up the base camp on location where they are...