Remove 2009 Remove Exploration and Production Remove Offshore
article thumbnail

Murphy Oil to acquire BW Pioneer FPSO in Gulf of America for $125 million

Oil & Gas 360ยบ

(World Oil) –Murphy Oil Corporation today announced that a subsidiary has signed a Sales & Purchase Agreement (SPA) to acquire the BW Pioneer floating production storage and offloading vessel (FPSO) from BW Offshore.

Oil 130
article thumbnail

U.S. House of Representatives Passes Energy Bill

The Energy Law

Title I addresses the existing moratoria, future OCS access, exploration, production and royalty questions. per MMBtu, unless lease royalties were renegotiated with the Secretary , imposes Conservation of Resources Fee on nonproducing lease acreage of $3.75

Royalty 40
article thumbnail

Federal Court Enjoins Bidenโ€™s Social Cost of Carbon Efforts On the Basis of Negative Impact to Energy Industry and Energy Producing States

The Energy Law

In 2009, the Obama administration established estimates of the social cost of carbon (โ€œSCC Estimateโ€) that all agencies were required to use in their regulatory cost/benefit analysis. Using a higher SCC Estimate would weigh heavily against proposed actions or rules that could increase planet-warming emissions. Conclusion.

Energy 96