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Nigeria: Bowing to Chinese Pressure, Buhari Restores 4 Oil Blocks to NNPC/Addax
This Day, 24 April 2021
President Muhammadu Buhari yesterday approved the restoration of the permits on Oil Mining Leases (OMLs) 123, 124, 126 and 137 to the Nigerian National Petroleum Corporation (NNPC)… Read more »
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Nigeria: Buhari Orders Revoked Oil Leases Returned to China-Owned Addax
Premium Times, 23 April 2021
The Nigerian government, through the DPR, had revoked the four OMLs, citing the company's inability to comply with targets. Read more »
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Nigeria: Panel Says Addax Petroleum Caused 'Economic Waste', Submits Report to Buhari
Premium Times, 7 April 2021
The panel says Addax, owned by Sinopec, took an action that put over 3000 Nigerians out of work and wasted millions of dollars. Read more »
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Nigeria: DPR Revokes Addax Petroleum's Four Oil Blocks for Non-Performance
This Day, 7 April 2021
The Department of Petroleum Resources (DPR) has revoked four Oil Mining Licences (OMLs) belonging to Addax Petroleum due to the non-development of the assets by the petroleum… Read more »