Kaztec Engineering Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Nigeria’s president restores four drilling permits revoked from China’s Addax By William Clowes on 4/25/2021 (Bloomberg) --Nigerian President Muhammadu Buhari reversed a government decision to revoke four oil permits from a unit of China’s Sinopec. Buhari “approved the restoration” of the licenses to Addax Petroleum Corp. as part of his commitment to “the rule of law and sanctity of contracts,” spokesman Garba Shehu said in an emailed statement Friday. The West African nation’s oil industry regulator, the Department of Pe...

William Clowes, Bloomberg News Muhammadu Buhari Photographer: Drew Angerer/Getty Images , Photographer: Drew Angerer/Getty Images (Bloomberg) -- Nigerian President Muhammadu Buhari reversed a government decision to revoke four oil permits from a unit of China’s Sinopec. Buhari “approved the restoration” of the licenses to Addax Petroleum Corp. as part of his commitment to “the rule of law and sanctity of contracts,” spokesman Garba Shehu said in an emailed statement Friday. The West African nation’s oil industry...