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...

GHANA’S PRESIDENTIAL JET GROUNDED IN FRANCE DUE TO SEVERE CORROSION. (PHOTO).


 Ghana’s Presidential jet grounded in France due to severe corrosion


Ghana’s presidential jet, the Dassault Falcon 900EX EASy, has remained grounded in France for four months due to unexpected maintenance complications.


Initially sent for routine servicing, the aircraft was found to have significant corrosion in its fuel tanks and a damaged air intake plug receptacle on its second engine. 


These issues, along with the need to completely replace its turbofan, caused major delays.

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