Mali’s Taoudeni basin has seen increased oil exploration activity since 2004. Though Mali is mineral rich, it does not have any established oil or gas reserves worth commercial exploitation, as stated in the passage. Recent instability and the threat to oil wells has prompted foreign military powers to intervene.
What is happening to oil palms?
The recent increase in duties on the import of crude and refined edible oils has resulted in an increase of about ?2,500 on every tonne of an FFB (Fresh Fruit Bunch) of oil palm, bringing cheers to thousands of farmers in the country.
Are we concerned about the sustainability of the oil palm industry?
Though we are happy at the moment, we are concerned about the sustainability,¡± Pullaiah, an oil palm farmer from Badradri Kothagudem district, told businessline.