Sinopec’s Addax Petroleum Development (Nigeria) Limited yesterday handed over its four major oil mining blocks in the country, announcing its departure from the country in the process. This follows ...

Addax Petroleum Development (Nigeria) Limited is planning to inject between $3 and $5 billion into the business. Its General Manager, External & Government Affairs, Dorothy Atake, said part of the ...

The IUCN did not mince words in assigning culpability for the precipitous decline of the addax. Oil operations in Niger, chiefly those of the China National Petroleum Corporation (CNPC), have ...

27 November 2006Yousef Al Essa one of six GCC business leaders to participate in first ever Leaders and Pioneers Panel Yousef Al- Essa, Chief Executive Officer of Addax Investment Bank, has been ...

Life in the Sahara is no cakewalk. The baking sun raises temperatures to more than 120 degrees, howling winds conjure up dust devils and sand storms, and years can pass before a drop of rain falls.

Pan-Ocean Energy Corp. Ltd.-- once a humble domestic natural gas producer, and now an international oil explorer -- is selling itself to Addax Petroleum Corp. for $1.6-billion in cash. Addax, the ...