The Nigerian National Petroleum Company (NNPC) Limited says it has taken over Addax Petroleum’s production sharing contract (PSC) assets. Addax is owned by Sinopec, a state-owned Chinese firm. Mele Kyari,
Tag "Addax Petroleum"
Cui Jianchun, Chinese ambassador to Nigeria, has assured the federal government that the recent revocation of Addax Petroleum’s licences will not affect the excellent relationship between both countries. Jianchun said
Magnus Abe, a former senator and board member of the Nigerian National Petroleum Corporation (NNPC), has denied any involvement in an alleged $650 million oil scam. In a report, the
President Muhammadu Buhari has restored ownership of four oil mining leases (OMLs) to the Nigerian National Petroleum Corporation, (NNPC). In a statement on Friday, Garba Shehu, presidential spokesman, identified the
The Department of Petroleum Resources (DPR) has set up a committee to evaluate the revoked oil blocks of Addax Petroleum
The Department of Petroleum Resources (DPR) has revoked four production sharing contracts (PSCs) operated by Addax Petroleum over non-development of
Okoi Obono-Obla, chairman, special presidential investigation panel for recovery of public property, says oil companies are contributing to Nigeria’s economic
The Human and Environmental Development Agenda (HEDA) resource centre has asked the Economic and Financial Crimes Commission (EFCC) to investigate
Geneva prosecutor’s office has arrested Zhang Yi, chief executive officer (CEO) of Addax Petroleum, and charged him with suspected bribery of foreign
Caverton will list on the Nigerian Stock Exchange (NSE) on May 20, according to a statement issued Sunday night by the leading
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