Addax Petroleum Corp. said Thursday that it has entered into an underwriting agreement and filed and obtained a receipt for a final short form prospectus relating to the distribution of 13,000,000 ...

Addax Petroleum has acquired a 50% interest and operatorship in the Gryphon Marin license area subject to final Government of Gabon approval. Addax Petroleum Corporation has acquired a 50% interest in ...

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 ...

The company hopes to be recognised as a local indie working closely with NNPC subsidiary Nigerian Petroleum Development Corporation to exploit marginal prospects. The new venture, which will focus on ...

Addax Petroleum Development Nigeria Ltd. says a suspected vandal died in Wednesday’s explosion at its flowstation in Izombe, Imo. According to the News Agency of Nigeria (NANA), the oil firm in a ...

ABUJA, Nigeria, June 26 /PRNewswire/ -- Oriental Energy Resources Limited, ("Oriental") today announced that it has received notice of Nigerian government approval of the farm-in by Oriental into the ...

LAGOS, Nov 1 (Reuters) - Nigeria's NNPC Ltd said on Tuesday Sinopec's Addax Petroleum Development (Nigeria) Ltd had exited from its four major oil mining blocks in Nigeria and transferred them to the ...

LONDON, Sept 13 (Reuters) - Addax Petroleum, owned by top Chinese refiner Sinopec , has lost a ruling at an international tribunal as part of a $1 billion legal battle over an oilfield in Gabon, a ...

HONG KONG (Reuters) - Africa and Middle East-focused oil and gas firm Addax Petroleum has attracted buyout interest from major Chinese, Japanese, and Indian energy firms, according to three sources ...

Geneva-based Addax, responsible for managing the Chinese giant's 49% stake in the Talisman Sinopec Energy UK (TSE UK) venture, on Thursday opened a dedicated UK office in Aberdeen to support that ...

HOUSTON, July 20-- Addax Petroleum Corp., Calgary, agreed to pay $1.6 billion (Can.) for the two main subsidiaries of Pan-Ocean Energy Corp. Ltd. of St. Helier, Jersey. The units, PanAfrican Energy ...