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NIGERIA

Once an ally, Offor turns into a liability for Addax

A multi-billion dollar, last minute agreement under the previous government could cause serious trouble for China’s Addax. Here’s why. [...] (289 words)

Issue dated 15/09/2015 Reading time 2 minutes

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Energy

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NIGERIA
Addax Nigeria
Chrome Group
Emeka Offor
Goodluck Jonathan
Kaztec
Muhammadu Buhari
People’s Democratic Party
Robert Bulstra
Samuel Blanchor
Yi Zhang

Secret deal with NNPC may set Addax sale adrift

The sale of the Chinese major's Nigerian blocks is far from a walk in the park and here's why.

NIGERIA Energy 12/09/2017

Is Addax Petroleum about to be taken to court in the US?

With its troubles with the Genevan procurer behind it, the Chinese major may now feel the force of the American judicial machine over its activities in Nigeria.

NIGERIA Energy 05/07/2016

Addax Petroleum catches up with Kachikwu about taxes

Africa Energy Intelligence understands that the managing director of Addax Petroleum (Sinopec group), Yi Zhang, and his legal director, Guus

GABON NIGERIA Energy 09/02/2016

Addax rules out layoffs to make life easier for everybody

Africa Energy Intelligence has learned that Yi Zhang, the managing director of Addax Petroleum (Sinopec group) has finally decided to

AFRICA Energy 29/09/2015

Addax Petroleum's staff waiting for the chop

Employees of the Chinese major have received some uncomfortable news. Nearly a quarter of them at the firm’s Geneva headquarters are to be shown the door.

CAMEROON GABON NIGERIA Energy 03/02/2015

Addax sorely hit by collapse in oil price

While Western majors are slashing their exploration and production budgets, China’s state-run oil companies are doing precisely the same

NIGERIA Energy 07/10/2014

Addax finally grabs OML 137

The Chinese company has been given a go-ahead to start development work on the permit but the issue of gas isn’t altogether settled and could cause future headaches.

NIGERIA Energy 26/08/2014

Addax frets about NNPC

Officials at the headquarters of Addax Petroleum might be particularly

NIGERIA Energy 24/06/2014

Snub for Addax’s PoD

According to our sources in Abuja, the National Petroleum Investment Management Services (NAPIMS) agency has rejected Addax Petroleum’s development program

NIGERIA Energy 17/09/2013

Addax’s Nigerian cronies

With its business in Gabon at a dead end, the Chinese company is seeking to raise its profile in the Niger Delta by tightening its ties with well-connected local interests.

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NIGERIA
Addax Nigeria
Chrome Group
Emeka Offor
Goodluck Jonathan
Kaztec
Muhammadu Buhari
People’s Democratic Party
Robert Bulstra
Samuel Blanchor
Yi Zhang

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Algerian secret services in survival mode in North Mali

As fight against M23 continues, Kigali and Kinshasa wage war of intelligence

Once an ally, Offor turns into a liability for Addax

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Secret deal with NNPC may set Addax sale adrift

Is Addax Petroleum about to be taken to court in the US?

Addax Petroleum catches up with Kachikwu about taxes

Addax rules out layoffs to make life easier for everybody

Addax Petroleum's staff waiting for the chop

Addax sorely hit by collapse in oil price

Addax finally grabs OML 137

Addax frets about NNPC

Snub for Addax’s PoD

Addax’s Nigerian cronies

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Once an ally, Offor turns into a liability for Addax

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading

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Set up email notifications for these topics

Secret deal with NNPC may set Addax sale adrift

Is Addax Petroleum about to be taken to court in the US?

Addax Petroleum catches up with Kachikwu about taxes

Addax rules out layoffs to make life easier for everybody

Addax Petroleum's staff waiting for the chop

Addax sorely hit by collapse in oil price

Addax finally grabs OML 137

Addax frets about NNPC

Snub for Addax’s PoD

Addax’s Nigerian cronies

Set up email notifications for these topics

First visit

Contacts

Tools

Follow us

A website produced by

Indigo Publications also publishes: