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
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
22 January 2026
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
22 January 2026
New long-term deal is latest addition to country’s rapidly evolving supply portfolio as it eyes role as regional gas hub






