Addax nigeria news

Here are some recent news articles about Addax Petroleum, a Nigerian oil and gas company:

Addax Petroleum

• Addax Petroleum to pay $1.1 billion to settle Nigerian oil spill claims (Reuters, March 2023) - Addax Petroleum has agreed to pay $1.1 billion to settle claims related to an oil spill in Nigeria's Niger Delta region in 2008.
• Addax Petroleum's Nigerian oil field to be sold to new operator (Oil & Gas Journal, February 2023) - Addax Petroleum's Nigerian oil field, the OML 123, is to be sold to a new operator, according to reports.
• Addax Petroleum's 2022 profit drops 44% due to lower oil prices (This Day Live, January 2023) - Addax Petroleum's profit for 2022 dropped 44% due to lower oil prices, according to the company's financial results.

Addax Petroleum and its parent company, Sinopec

• Sinopec's Addax Petroleum unit to invest $1.5 billion in Nigerian oil and gas projects (Xinhua, December 2022) - Sinopec's Addax Petroleum unit plans to invest $1.5 billion in Nigerian oil and gas projects, according to reports.
• Sinopec's Addax Petroleum unit to increase Nigerian oil production (Oil & Gas Journal, November 2022) - Sinopec's Addax Petroleum unit plans to increase Nigerian oil production by 10,000 barrels per day, according to reports.

Addax Petroleum and the Nigerian government

• Nigerian government to review Addax Petroleum's oil block allocation (Punch, October 2022) - The Nigerian government is to review Addax Petroleum's oil block allocation, according to reports.
• Addax Petroleum to pay Nigerian government $100 million in taxes (This Day Live, September 2022) - Addax Petroleum has agreed to pay the Nigerian government $100 million in taxes, according to reports.

Please note that these news articles are subject to change and may not be up-to-date.