BB Energy Strikes Deal with South Sudan to Unblock Oil Sales

BB Energy agreed to relax an injunction on the government of South Sudan in exchange for receiving three cargoes of oil, in a significant easing of tensions in the $142...

By Jack Farchy · Bloomberg Markets

BB Energy agreed to relax an injunction on the government of South Sudan in exchange for receiving three cargoes of oil, in a significant easing of tensions in the $142 million legal dispute between the trading house and the African nation.