February 28, 2015 1:24 AM ET

Oil, Gas and Consumable Fuels

Company Overview of The Addax and Oryx Group Limited

Company Overview

The Addax and Oryx Group Limited, through its subsidiaries, operates in crude oil trading, petroleum upstream and downstream, mining, bioenergy, and real estate sectors. The company exports crude oil to refineries in Africa, Europe, North America, and Asia and imports gasoline, gasoil, and jet fuel. It also focuses on petroleum sector in Africa and the Middle East. Additionally, the company provides downstream services for the petroleum industry. The Addax and Oryx Group Limited was founded in 1987 and is based in Geneva, Switzerland.



Founded in 1987

Key Executives for The Addax and Oryx Group Limited

Chief Executive Officer and Director
Age: 65
Compensation as of Fiscal Year 2014.

The Addax and Oryx Group Limited Key Developments

Oryx Petroleum In Talks To Raise Funds

Oryx Petroleum Corporation Limited (TSX:OXC) is in talks with various financial institutions as well as its principal shareholder, The Addax and Oryx Group Limited to raise funds and meets capital requirements. If appropriate additional financing is not be available or anticipated cash flows from production in Kurdistan not materialize or vary from expectations, the corporation has the flexibility to adjust its 2014 capital budget accordingly.

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