Lagos — A new report authored by the United Kingdom Energy Research Centre (UKERC) has painted a gloomy picture on the future availability of conventional oil, which could have severe economic impact across the world.
Also, Nigeria's gas utilisation project at the Ovade-Ogharafe oil field in Delta State has been successfully registered under the United Nations Clean Development Mechanism (CDM) of the Kyoto Protocol, boosting Federal Government's efforts to reduce gas flaring and improve utilisation.
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