Sinopec’s Addax Petroleum Development (Nigeria) Ltd has exited four Nigeria oil blocks OMLs 123/124, 126/137 as the Nigerian National Petroleum Company (NNPC) Ltd on Tuesday (1 October) signed a Memorandum of Understanding (MoU) on the Transfer, Settlement and Exit Agreement (TSEA). Addax began operations in Nigeria in 1998 by signing Production Sharing Contracts (PSCs) with […]
The U.S. embassy in Algeria has reacted to the sentencing of Algerian journalist Ihsane El Kadi to five years in prison, with two years suspended, for bogus charges to muzzle vocal critics of the ruling military junta. Immediately after the announcement of the verdict over the weekend by an Algerian court, the U.S. diplomatic mission […]
US military command for Africa AFRICOM said Thursday it conducted several strikes against the Islamic State (IS) fighters near the city of Sirte following last week Friday sorties. The new airstrikes according to the command took place Tuesday with the coordination of the UN-backed Government of National Accord (GNA). The Tuesday airstrike destroyed IS positions, […]
