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South Sudan restores crude oil production and export via Sudan as force majeure is lifted

The South Sudanese government and key oil companies have jointly announced the resumption of oil production and export at its Blocks 3 and 7 in the Upper Nile State with an initial output target of 90,000 barrels of crude oil per day. In a joint statement Tuesday (7 January), they said that normal operations have […]

Business Emerging Markets Energy

EU imports of South African coal surge eight-fold, replacing Russian fossil fuels

South Africa’s coal sales to Europe rose eight-fold during the first six months of 2022 compared with last year as demand for the fossil fuel surged ahead of a ban on Russian coal, according to Thungela Resources, a South Africa-based thermal coal exporter. The European Union banned Russian coal imports in response to the invasion […]