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…
LNG Prices Fall Due To Large Supply, Re-exports From Europe, Asian liquefied natural gas (LNG) prices for October delivery fell this week as new cargoes offered by Indonesia and Australia outweighed supply problems at Nigeria’s Bonny export terminal. The price of Asian spot cargoes fell to around $7.60 per million British thermal units (mmBtu) on…
Novomer is a chemical company seeking to replace crude oil as a source of carbon that is combined to make plastics and other industrial chemicals. A company founded out of Cornell University research has received a major honor from the American Chemical Society. The Kathryn C. Hach Award for Entrepreneurial Success will go to Novomer…
“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…