Chad: experts slam new junta-backed constitution as part of Deby’s ‘long-term power play’

86% of Chadians have voted in favor of a controversial new draft constitution, the government commission that organized it has announced, despite resistance from critics who say the referendum was merely designed to help cement the power of junta leader Mahamat Idriss Deby. Chad’s military authorities have described the vote as a vital stepping-stone to […]

Saudi-sponsored high profile green forums to take place in tandem with COP27

The Crown Prince of Saudi Arabia Mohamed bin Salman announced Thursday that the second edition of the Middle East Green Initiative (MGI) Summit and the Saudi Green Initiative (SGI) Forum will be held in Egypt’s Sharm El Sheikh, in tandem with the UN climate change summit, COP27. The MGI Summit will be held on November […]

China’s Addax exits four Nigerian oil blocks as NNPCL inks asset transfer agreement

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 […]