GERMANY AND AUSTRIA TO TAP OIL RESERVES AFTER 400 MILLION BARRELS REQUESTED. (PHOTO).

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 Germany and Austria to tap oil reserves after 400 million barrels requested  Germany and Austria announced they are releasing portions of their oil reserves in response to an International Energy Agency request for member nations to collectively release 400 million barrels to help ease rising energy prices linked to the Iran conflict. Japan also said it will begin releasing part of its reserves starting Monday. The move marks one of the largest coordinated releases of emergency oil stocks in history. The previous record came in 2022, when IEA members released 182.7 million barrels following the energy disruptions caused by Russia’s invasion of Ukraine. Member countries currently hold over 1.2 billion barrels of public emergency oil stocks, along with an additional 600 million barrels of industry stocks maintained under government requirements. The release comes amid heightened tensions in the Persian Gulf, where Iran has targeted commercial ships and disrupted shipping throug...

NCAA,HAS BANNED THE LAUNCHING OF DRONES IN THE NIGERIAN AIRSPACE WITHOUT ITS PERMISSION.

                  This is contained in a statement issued by the General Manager,Public Relations,NCAA {NIGERIAN CIVIL AVIATION AUTHORITY},Sam Adurogboye,in Lagos yesterday.The statement said the move was part of the safety guidelines issued by the regulatory agency to drone operators,following the proliferation of the technology in the country.''In recent times,RPA/UAV {Unmanned Aerial Vehicles} are being deployed for commercial and recreational purpose in the country without adequate security clearance.Therefore,with the preponderance of these operations,particularly in a non-segregated airspace,there has to be proactive safety guidelines.The development of the use of RPA nationwide has emerged with somewhat predictable safety concerns and security threats.Therefore,no government agency,organisation or an individual will launch an RPA/UAV in the Nigerian airspace for any purpose whatsoever without obtaining requisite permit from the NCAA and ONSA.The NCAA wishes to reiterate that all applicants and holders of permits tto operate RPA/DRONES must strictly be guided by safety guidelines.In addition,operators must ensure strict compliance with the conditions stipulated in their permits and the requirements of the Nig. CARs''.One more photo below.                                                          

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