Addax Petroleum

FG, NNPCL, Petroleum Resources Ministry secure judgment over oil mining leases formerly operated by ADDAX

The Federal Government and the Nigerian National Petroleum Company Ltd (NNPC Ltd) have secured a landmark judgment over oil mining leases formerly operated...

Pres. Buhari directs termination of Addax contract with NNPC, assets taken over 

Backed by the Presidency, the Nigerian National Petroleum Company Ltd says it has terminated the Production Sharing Contract (PSC) with Addax Petroleum Ltd...

Restoration of Addax Oil licence: Again, Sen. Magnus Abe under fire

  “Abe having laid bare his uncultured mannerisms before the President, every iota of doubt about his true nature has been cleared, and...

Addax oil lease revocation: How Buhari burst in on Senator Magnus Abe and others’ deal, restores Nigeria’s integrity

  Former Senator Magnus Abe’s ire following President Muhammadu Buhari’s intervention in the revocation of four oil mining leases belonging to Addax Petroleum...