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The future of Colombia’s oil industry is uncertain following President Gustavo Petro’s proposal to end new contracts for hydrocarbon exploration and ban hydraulic fracturing, signaling an energy transition.
Throughout Colombia, gasoline prices are now seen in a range between 11,100 to 11,300 pesos per gallon (roughly $2.40-2.40 per gallon).
Since we are “blessed” in Nigeria with crude oil, we must get the “benefit” of that “blessing” with low prices of the petrol we import?
The Government adopted the draft act on temporary measures to mitigate the consequences of price increases for the beneficiaries of child benefit. Based on this families with children, who are entitled to child benefit, will be receiving dearness allowance for three months. It also adopts the Autumn Economic Forecast, which shows moderation in economic growth. The government took note of the audit report on the feasibility of procuring 8x8 wheeled combat vehicles for the needs of the Slovenian army and decided that Slovenia will withdraw from the Boxer program.