Tag Archives: BB Energy

  Settlement with BB Energy restores crude-backed financing access while underscoring the need for careful management of future petroleum revenues   Juba, South Sudan | AGENCIES |  South Sudan has regained limited access to advance financing against its future crude oil exports after reaching an agreement with commodities trader BB …

  BB Energy initiated legal proceedings in London’s courts last year, alleging that South Sudan failed to deliver oil cargoes purchased under the prepayment arrangements   London, UK | AGENCIES | London’s High Court has upheld an injunction preventing South Sudan from entering into new oil prepayment agreements until it …

South Sudan has relied heavily on pre-payments from oil traders and banks to fund its budget, but many such loans have fallen into arrears  London, UK | Jacob Atkins |   BB Energy has won a last-minute court judgement to prevent the government of South Sudan from selling an oil cargo worth at least US$20mn, due …