With his sale of Addax Petroleum to China's government-controlled oil giant Sinopec, Swiss tycoon Jean Claude Gandur has made the first Iraqi oil mega-fortune of the post-Saddam era. Sinopec's ...

A sign is pictured outside the headquarters of Addax Petroleum in Geneva, Switzerland March 25, 2017. REUTERS/Denis Balibouse ZURICH (Reuters) - Addax Petroleum has agreed to pay 31 million Swiss ...

It's good to know that billionaire Jean Claude Gandur hasn't retired from the oil and gas business after selling Addax Petroleum for $7.2 billion to Sinopec nearly two years ago (see: "Cashing In On ...

Addax Petroleum Corp. on Wednesday announced its results for the year ended December 31, 2006. The financial results are prepared in accordance with Canadian GAAP and the reporting currency is US ...

In the past one month, the Nigerian media space has been awash with incredible news primarily about the politics of the recent revocation and reversal as well as the restoration by the Presidency of ...

Sinopec International Petroleum Exploration & Production Corp. has agreed to pay $7.24 billion in cash for Addax Petroleum Corp., Calgary, providing it with access to assets to West Africa and the ...

The Nigerian National Petroleum Company (NNPC) Limited has taken over the assets of Addax Petroleum’s production sharing contract (PSC). NNPC Group Chief Executive Officer (GCEO), Mele Kyari and the ...

Addax Petroleum Corp. reported Monday a 12-per-cent drop in third-quarter profits to $75.2-million (U.S.) from a year-earlier $85.6-million, as it booked tax losses in the prior-year quarter that were ...

Addax Petroleum, based in Nigeria, has taken delivery of a Nicolas MHD G2 SPE modular trailer. The trailer has 20 axle lines and electronic multi-mode steering. It has a 46 tonne axle load capability, ...

Addax Petroleum Corp. on Wednesday announced its results for the year ended December 31, 2006. The financial results are prepared in accordance with Canadian GAAP and the reporting currency is US ...