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China Will relocate 1000 industrial chemical plants, aftermath of Blasts

China is to relocate about 1000 industrial chemical plants, as reported by the guardian the industry minister, Miao Wei, says local government and companies involved would have to subsidise plans made to help improve pollution levels Burnt-out Volkswagen cars among the debris on the second morning after a series of explosions at a chemical warehouse…

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Pioneer Status Incentive granted Indigenous, Marginal Field Operators is in the Right Direction

Below is an interview granted Azeez Alatoye CEO of Ascension consulting Services by Thisday live, he said that the pioneer Status incentive granted the Indigenous, Marginal Field Operators is in the Right Direction. Azeez Alatoye is the Chief Executive Officer of Ascension Consulting Services and Director General of Ascension Academy Institute Limited, Lekki. He is Barrister and Solicitor of…

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We have cancelled contracts for Sahara, Aiteo, Duke Oil, Ocean Marine says Nigeria’s NNPC

“We have cancelled contracts for Sahara, Aiteo, Duke Oil and Ocean marine” NNPC seems to be saying,  Chineme Okafor of AllAfrica reports that the Nigerian National Petroleum Corporation (NNPC) wednesday confirmed the cancellation of the Offshore Processing Agreements (OPAs) between the corporation and Sahara Energy Resources (Nig.) Ltd. founded by the trio of Mr. Tope…

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Funding creative as Independent Oil and Gas pursues ‘contractor led’ funding

This is assumed a creative dimension in funding operational actives as independent oil and gas pursues contractors-led funding. Independent Oil and Gas (LON:IOG) has secured extensions to a number of key agreements which allows it to pursue a new ‘contractor led’ funding approach for its North Sea field development plans. The company has told investors…