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China to become second-biggest LNG importer in 2017

By the end of the year, China will have established itself as the world’s second-largest liquefied natural gas (LNG) importer, overtaking South Korea in...

Addax PSC with NNPC generates over $7bn in eight years

Addax Petroleum Development (Nigeria) Limited, which operates Production Sharing Contract (PSC) with the Nigerian National Petroleum Corporation (NNPC) has produced 425 million barrels of...

China looking to sell Nigeria business

 China’s Sinopec Group has hired BNP Paribas  to sell its oil business in Nigeria and Gabon, three people with knowledge of the matter said,...

Djibouti Signs Preliminary Deal with China’s POLY-GCL for $4bn Gas Project

China's POLY-GCL Petroleum Group Holdings Ltd has signed a memorandum of understanding (MoU) to invest $4 billion in a natural gas project in the...

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