Oil firms wary despite South Sudan's peace deal
Juba is seeking new partners after the government abandoned Total negotiations
A tentative peace agreement in South Sudan amid plans to repair infrastructure and beef-up security will go some way towards helping the country reach ambitious oil production targets. But it'll take more than words to get the industry back on side, as talks with Total over exploration and development are halted. Oil production has plummeted since South Sudan's independence from Sudan in 2011. Prior to that their combined output was around 480,000 barrels a day. South Sudan had the lion's share of around 350,000 b/d from proved reserves of about 3.5bn barrels. But output has since dwindled to below 130,000 b/d, as a long-running conflict between warring factions in the newly created state f
Also in this section
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
14 January 2026
Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution
