History of the oil shale industry in the United States Act of 1985 which among other things abolished the United States' Synthetic Liquid Fuels Program. Union finally bowed to continued low oil prices and closed the project in 1991, rather than complete the US$2 billion project. Over several decades, some of the world's largest oil companies (Amoco, Arco, Chevron, Exxon, Gulf, Phillips, Shell, Sohio, Sunoco, Texaco, Union Oil) had spent billions of dollars to start an oil shale industry in the Green River Formation, the world's largest oil shale resource. But in the end, cheap petroleum prices drove oil shale out of business. Even after the oil shale bust, some
MTN $5.2 billion fine from moving its funds in Nigerian Banks out of the country. It was announced on 22 January 2016 that MTN would have until 18 March of the same year to reach an out of court settlement. MTN has engaged the service of Mr. Eric Holder, a former US attorney general to intervene in the ongoing slam of $5.2bn fine on the telecommunications company, which was subsequently reduces to $3.9 by the Nigerian government through NCC after much persuasion. He was hired by the MTN group because of his experience in corporate settlement.He served as US attorney general between the year