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 on the settlement of the fine On 8 March 2016, President Mohammadu Buhari (PMB) hosted Jacob Zuma, the president of the South Africa Republic (RSA), on an official visit. During the visit, PMB noted that the negligence of MTN to follow the NCC mandate to de-register unapproved SIMs had aided the activities of terrorists in the country. He said "The concern of the Federal Government was basically on the security and not the fine imposed on MTN. “You know how the unregistered GSM (SIM cards) are being used by terrorists and between 2009 and today, at least 10,000 Nigerians were