South Sudan eyes Western oil investment
Decades of civil unrest, a plunge in oil prices and international sanctions have spooked investors. Now the country's oil minister wants to lure them back
It has been a traumatic birth for the world's youngest nation. Since gaining independence in 2011, South Sudan has been battling civil war, economic disaster, famine and corruption. Seven years on from its split with Sudan, border disputes between the two countries remain a point of serious contention—and a major security risk to operators in the oil industry. In a central London hotel I meet South Sudan's oil minister, Ezekiel Lol Gatkuoth. He is in the capital to catch the onslaught of industry executives who have come to network during International Petroleum Week. He is on a charm offensive to attract upstream investors. "I would like to see BP, ExxonMobil and Chevron—the main players in
Also in this section
27 February 2026
The assumption that oil markets will re-route and work around sanctions is being tested, and it is the physical infrastructure that is acting as the constraint
27 February 2026
The 25th WPC Energy Congress to take place in tandem as part of a coordinated week of high-level ministerial, institutional and industry engagements
26 February 2026
OPEC, upstream investors and refiners all face strategic shifts now the Asian behemoth is no longer the main engine of global oil demand growth
25 February 2026
Tech giants rather than oil majors could soon upend hydrocarbon markets, starting with North America






