FEC approves N5.4 billion for oil, gas parks
By OakTV
25 October 2019 |
2:30 pm
The Federal Executive Council (FEC) meeting on Wednesday approved N5.4 billion for the construction of Oil and Gas parks and indoor shooting range.
In this article
Related
June 12, 2023
Related
6 Jun
The move to slash supplies by 1 million barrels per day in July is "extendable," said Riyadh. Members of the OPEC+ grouping also agreed to extend cuts previously agreed in April until the end of next year.
12 Jun
Find these stories and much more when you grab a copy of The Guardian on Tuesday.
21 Jun
Following the removal of the fuel subsidy on May 29 by President Bola Tinubu. Prices of goods and services have largely increased with several businesses struggling to keep the door open. GuardianTV stepped out today to check in with Nigerians to see if they've gotten used to the new normal and this was what they had to say.
2 Jul
Less than a week after the Wagner Group's attempted coup, uncertainty reigns in Russia. Opponents of Vladimir Putin are considering other threats to his leadership, including the economy. The oil price is a major hitch.
7 Jul
In spite of an agreement struck in April to cut production of crude by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, oil prices still haven't seen a boost. In this edition, we see that concerns over global economic growth are outweighing the production cuts. Also, European space rocket Ariane 5 gears up for its final lift-off and Singaporean bank UOB makes a winning bet on Taylor Swift fans.
6 Jul
Fresh figures have shown the extent of the European Union's efforts to reduce its energy dependency on Russia, with Moscow accounting for just 3 percent of the bloc's oil imports in the first quarter of this year, compared to 26 percent during the same period in 2022. The EU has also moved away from Russian natural gas, relying more heavily on Norway, the UK and Algeria. This comes as the decline in Moscow's export revenues weakens its currency.
11 Jul
Following the receipt of credible intelligence, a Private Security Contractor engaged by NNPC Ltd., Messrs. Tantita Security Services, intercepted a suspicious Vessel with a Cargo of Crude oil on board on July 7, 2023.
26 Jul
Angola is rich in crude oil but has to import the fuel it needs. A new refinery could change that.
27 Jul
The UN says it has begun an operation to pump 1 million barrels of oil from a rusting supertanker off Yemen's coast, hoping to avoid an environmental disaster that could devastate local ecosystems and major ports.
13 Aug
The UN said over 1 million barrels of oil have been removed from the tanker, off Yemen's Red Sea coast. For years, the UN and other organizations had sounded the alarm over the dangers surrounding the corroding vessel.
19 Aug
Youth plaintiffs have won a rare victory against a US state government for promoting climate-killing fossil fuels. A tsunami of climate-related lawsuits are set to follow.
16 Aug
Find these stories and much more when you grab a copy of The Guardian on Thursday.
Latest
1 day ago
Noureddin Bongo Valentin, the eldest son of ousted Gabonese president Ali Bongo, has been charged with corruption, embezzlement of public funds and money laundering. Several cabinet members were also indicted. Also in this edition: famine aid for Somalia is to be temporarily suspended after a UN probe found widespread theft and misuse of funds.
1 day ago
The political crisis in Niger has disrupted aid efforts, the UN's humanitarian chief in the West African nation, Louise Aubin, told DW in an exclusive interview. The current wave of insecurity in Niger has also hampered the UN's aid operations there, Aubin added.
1 day ago
The suspension of visa services is the latest tit-for-tat move following the murder of an Sikh activist in Canada. India's foreign ministry has confirmed the move.
1 day ago
Zelenskyy's visit comes as many conservative Republicans are growing skeptical of US aid to Ukraine. Kyiv has been heavily reliant on weapons assistance from the West as it staves off Russia's invasion.
1 day ago
In Northern Ghana, a social enterprise provides school kits and raincoats made from plastic waste. The all-women group is keeping children in school while helping the environment.
1 day ago
The public began to demand answers as to why Sammy Larry has been bullying Mohbad. According to the artist's close friends, it was not the first time. It was reported that Naira Marley, Zinolesky and Sam Larry moved out of the country immediately after Mohbad's death, drawing suspicion of foul play on his death.