Addax president and chief executive Jean Claude Gandur said the scheme will spur gas development in all the company´s licensed areas, generatingpower, employment and triggering substantial foreign ...

Addax has been approached by “a third mystery bidder, possibly a national oil company from India”, a report published in UK-based daily newspaper the Telegraph said. Industry observers have also ...

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 ...

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 ...