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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360ยบ

(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront.

E&P 130
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Themes from Budget 2014 (1): Oil and Gas

Global Energy

DECC pointed out in a statistical release issued yesterday that among the “highlights” of the UK’s 2013 energy figures: oil production was […]

Oil 52
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Round 14 for onshore oil and gas licensing: are fault lines emerging between DECC and environmental groups?

Global Energy

In December 2013 DECC published, and submitted for consultation, a Strategic Environmental Assessment (SEA) for further onshore oil and gas […]

Oil 52
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EPA Grants Reconsideration of Certain Oil and Gas Storage Tank NSPS Provisions Issued in August 2012

The Energy Law

Wiegand On August 16, 2012, EPA issued new source performance standards (NSPSs) for the oil and gas sector. The standards applied to various sources including storage tanks used in crude oil and natural gas production. On April 12, 2013, EPA announced proposed amendments to the rule pertaining to storage tanks.

Oil 40
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Is Venezuela back on its feet?

Energy Central

All-in on oil The political fortunes of Venezuela’s presidents have historically depended on the oil market. Hugo Chรกvez, whose presidency lasted from 1999 to 2013, rode the commodities boom. Under his presidency, Venezuela’s GDP quadrupled. In 1998, the year Chรกvez won his first election, GDP stood at $91.8bn.

IT 52
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Louisiana Department of Revenue Targets Energy Companies in Rash of Oil Severance Tax Audits

The Energy Law

The oil and gas industry has a significant and far reaching economic impact in Louisiana. 1] Taxes make up a large part of the industryโ€™s direct economic impact in Louisiana: In 2013, the industry paid nearly $1.5 3] Natural resources might include, for example timber, minerals like oil and gas, coal, salt, or sulphur.

Oil 40
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United States Fifth Circuit Weighs in on La. R.S. 30:103.1 and 103.2 Notice Requirements

The Energy Law

Aethon Energy Operating, L.L.C. , 30:9(B) in which Aethon Energy Operating, L.L.C. The December 15, 2017 letter also expressly identified Kelly as an โ€œ[u]nleased [o]wner of oil and gas interestsโ€ and identified the units operated by Aethon, along with the names and serial numbers of wells operated by Aethon. 4th 369 (5th Cir.