Drillers

MARCH 24, 2020

History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration. The country’s first field began producing in 1958 at a rate of 5,100 BPD. Production grew fast, and today, Nigeria pumps close to 2 million BPD, which makes it the largest producer of crude oil in Africa.

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The Energy Law

JUNE 13, 2017

9, 2017), the United States Fifth Circuit Court of Appeals held for the first time that a Responsible Party under the Oil Pollution Act of 1990 (“OPA”) has a statutory claim for contribution to recover purely economic damages from a partially liable third party. Following the spill, the U.S.

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The Energy Law

JULY 21, 2016

The oil and gas industry has a significant and far reaching economic impact in Louisiana. According to one 2014 study, the total direct and indirect impact on the state is approximately $73.8 3] Natural resources might include, for example timber, minerals like oil and gas, coal, salt, or sulphur.

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Oil & Gas 360º

MARCH 12, 2025

(World Oil) – Ecuador President Daniel Noboas plan to revitalize the nations biggest oil field is crumbling as he scrambles to secure re-election weeks before a runoff vote. Production from the nations top field has fallen 15% from a 2014 peak of 560,000 barrels a day.

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The Energy Law

OCTOBER 16, 2014

As if crude producers and midstream transportation companies don’t already have enough problems trying to get crude oil from production fields to refineries thanks to inadequate pipeline infrastructure, tank car supply, rail safety concerns, and new regulations, they now also have to address a new, potentially market-busting lawsuit.

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