Showing posts with label Sudan. Show all posts
Showing posts with label Sudan. Show all posts

Thursday, July 5, 2007

U.S. SEC's country watch list draws fire

(Reuters) - Both business and humanitarian groups say the list,
available on the U.S. Securities and Exchange Commission's Web
site, is ill-conceived. The tool provides links to companies
whose annual reports contain "some reference" to business
related to Sudan, Syria, North Korea, Iran and Cuba.




"Not only has the SEC named and shamed the wrong companies,
it's missed many with significant operations in countries like
Sudan," Adam Sterling, director of the Sudan Divestment Task
Force, and Todd Malan, president and CEO of the Organization
for International Investment, wrote in an opinion piece in
Thursday's Wall Street Journal.


Read more at Reuters.com Government Filings News

Thursday, May 24, 2007

Sudan Sells Nile Blend Crude Oil for Loading in July to Itochu, Chinaoil

(Bloomberg) -- Sudan Petroleum Corp., the country's
state-owned oil company, sold as much as 2 million barrels of
Nile Blend crude oil for loading in July to two buyers, said
traders who submitted offers.




---------------------------------------------------------------
Crude: Nile Blend from Sudan
Quantity: 1 million barrels
Loading: July, from Bashayer Marine Terminal
Buyer: Itochu Corp.
Price: **ICP Minas +$1.25 a barrel
---------------------------------------------------------------
Crude: Nile Blend from Sudan
Quantity: 1 million barrels
Loading: July, from Bashayer Marine Terminal
Buyer: China National United Oil Corp. (Chinaoil)
Price: **ICP Minas +28 cents a barrel
----------------------------------------------------------------
**ICP = Indonesian Crude Price


Read more at Bloomberg Energy News