Iraq Business News: Oil & Gas

MARCH 7, 2025

According to a statement from the company, the funds will provide additional working capital, supporting Petrel's efforts to secure new oil and gas projects in Iraq and beyond. Petrel may be invited to enter into pre-qualification discussions with the Ministry of Oil.

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Global Energy

FEBRUARY 28, 2014

Summary The title given to Sir Ian Wood’s “UKCS Maximising Recovery Review: Final Report” (published on 24 February 2014), should […]

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Energy Central

FEBRUARY 18, 2022

Last week, the price rose above $90/bbl for the first time since 2014. To recap, in the first half of 2014, oil prices spent most of the time bouncing between $100/bbl and $105/bbl. But the shale boom had put millions of new barrels of oil into. That was also the last year the price of WTI was above $100/bbl.

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NIOSH Science: Oil & Gas

APRIL 10, 2015

On May 19th, 2014, NIOSH posted a Science blog titled Reports of Worker Fatalities during Flowback Operations. The four workers were employed in the Williston Basin of North Dakota and Montana.

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McKinsey

JUNE 15, 2018

As oil prices rise to levels not seen since 2014—primarily as a result of geopolitical risk and ongoing OPEC production cuts—we expect to see further improvements in the OFSE sector and a renewed emphasis on North American shale.

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Drillers

MARCH 24, 2020

The Oil Industry of Nigeria If anyone asks Chevron or Shell, for example, how they feel about Nigeria, the response would probably be that they were tired of problems, at least if they were honest. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration.

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McKinsey

MARCH 15, 2017

OFSE quarterly revenue edged up for the first time since Q3 2014, helped by an oil price–driven recovery in capex. But most activity is in the US onshore, with sectors elsewhere still facing slim pickings.

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Energy Central

JUNE 18, 2024

oil production by about 9 million barrels per day. By late 2014, as U.S. oil production growth was approaching 5 million BPD, OPEC decided they could no longer ignore it. By late 2014, as U.S. oil production growth was approaching 5 million BPD, OPEC decided they could no longer ignore it. At its November 2014.

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The Energy Law

MAY 5, 2023

2023), the Texas Supreme Court held that the lessee could not invoke a force majeure clause to save its oil and gas leases when it inadvertently scheduled its operations to begin after the requisite deadline. The lessee, MRC Permian Company, received four identical oil and gas leases from certain lessors in 2014.

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The Energy Law

JUNE 19, 2013

Environmental Protection Agency (EPA or Agency) committed to improving air emissions data for the oil and natural gas production sector. EPA made this commitment in response to the Office of Inspector General’s February 20, 2013 report, “EPA Needs to Improve Air Emissions Data for the Oil and Natural Gas Production Sector” (pdf) (Report).

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Vorys Energy

JULY 2, 2022

On May 21, 2021, the Division of Oil and Gas Resources Management issued Chief’s Order 2021-97 (the “Restart Order”), authorizing AWMS Water Solutions, LLC, to resume injection operations at one of its Class II injection wells. Those operations had been suspended by a prior Division order issued in 2014 due to detected seismic activity.

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Global Energy

JULY 29, 2014

On 28 July 2014, the Government launched two consultations in parallel on the implementation of the Offshore Safety Directive (the […]

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The Energy Law

APRIL 22, 2013

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.

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Energy Central

JUNE 7, 2022

Then oil prices plummeted in 2014, and again in 2020. He replied that he would refuse to pay that much, and I asked what he would do if the price rose to $10 a gallon tomorrow. He finally conceded that he would, in fact, pay $10 a gallon for gasoline.

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The Energy Law

FEBRUARY 3, 2021

Delaware Basin Resources LLC , 08-20-00060-CV, the Court of Appeals for the Eighth District of Texas (El Paso) recently held oral argument on the proper construction of the word “and” used in a Delaware Basin oil and gas lease. When the primary term ended in February 2017, DBR had drilled on Section 6, but not on Section 2.

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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. 47:633(7)(a).

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The Energy Law

AUGUST 4, 2023

COG owned the minerals under four leases in Reeves County, Texas executed between 2005 and 2014. Those leases granted COG the exclusive right to produce “oil and gas” or “oil, gas and other hydrocarbons.” One such conflict arose between Cactus Water Services, LLC (“Cactus”) and COG Operating, LLC (“COG”).

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The Energy Law

JUNE 7, 2018

On Thursday, a divided panel of the Texas Court of Appeals in Houston held that the 2014-2015 drop in oil prices is not a force majeure for purposes of general force majeure contractual protection. In TEC Olmos, LLC v. Houston May 31, 2018).

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Iraq Business News: Oil & Gas

FEBRUARY 25, 2025

2) of 2014. The Iraqi Council of Ministers has approved an increase in the consultancy contract amount for the Basra Refinery Development / Fluid Catalytic Cracking (FCC) Project with Japan's UNICO and France's Technip. This move aligns with Iraq's strategy to modernize refining capacity and enhance fuel production efficiency.

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Texas Oil & Gas Attorney

JANUARY 9, 2025

Dr. Wernick is a senior research associate at The Rockefeller University’s Program for the Human Environment and was nominated for a Nobel Prize in 2013 and 2014. Continue reading The post More Issues with Electric Vehicle Batteries appeared first on Texas Oil and Gas Attorney Blog.

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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

FEBRUARY 3, 2021

Delaware Basin Resources LLC , 08-20-00060-CV, the Court of Appeals for the Eighth District of Texas (El Paso) recently held oral argument on the proper construction of the word “and” used in a Delaware Basin oil and gas lease. When the primary term ended in February 2017, DBR had drilled on Section 6, but not on Section 2.

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The Energy Law

SEPTEMBER 19, 2016

For example, in 2014 the agency imposed a civil penalty of $1,230,000—an unprecedented figure in the history of the BSEE civil penalty program. BSEE collected civil penalties in 22 cases in 2009, 26 cases in 2010, 30 cases in 2011, 31 cases in 2012, 42 cases in 2013, 53 cases in 2014, and 42 cases in 2015. million in civil penalties.

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The Energy Law

JULY 3, 2019

The dispute between ETP and Enterprise began in 2011, when Enterprise approached ETP about potentially building a crude oil pipeline together. Energy Transfer Partners has garnered significant amicus support on both sides of the “v.” and has been closely followed by the energy industry. for the construction of the pipeline.

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CG&A

AUGUST 2, 2024

We are thrilled to announce thatJeff Loskorn, a senior reservoir engineer with our firm since 2014, has been named a Partner at Cawley, Gillespie & Associates. CG&A) began serving the oil and gas industry over 60 years ago. We look forward to his continued contributions to our firm and our clients.

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Producer's Edge

DECEMBER 30, 2024

The well at issue (the SWD5) was originally drilled for oil and gas production in 1957, but it was converted into a saltwater-disposal well around 2007. However, some of the substantive oil and gas arguments and issues in this case may be notable as a case study for oil and gas practitioners.

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The Energy Law

MAY 6, 2016

The Colorado Oil and Gas Association sought a declaratory judgment invalidating and permanently enjoining the enforcement of the Article. Colorado Oil and Gas Association , 2016 CO 29, P. Oil and Gas Ass’n , 16 CO 28 (Colo. Oil and Gas Ass’n , 16 CO 28 (Colo. In 2014, St. City of Longmont v. City of Fort Collins v.

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The Energy Law

JUNE 9, 2014

On May 30, 2014, in an unanimous decision in National Environmental Development Association’s Clean Air Project v. May 30, 2014). The Court’s decision is good news for the oil and gas industry. See National Environmental Development Association’s Clean Air Project v. Environmental Protection Agency , No. 13-1035, slip op.

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The Energy Law

SEPTEMBER 2, 2015

In Lightning Oil Co. 04-14-00903-CV , 2014 Tex. A mineral “‘lessee’s interest is a separate, real interest, amount[ing] to a defeasible title in fee to the oil and gas in the ground.’” Lightning Oil Co. Anadarko E&P Onshore, No. Lexis 8673 (Aug. establishes the permission needed to drill from off-lease well pads.

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The Energy Law

SEPTEMBER 16, 2014

On September 2, 2014, the Department of Justice announced a settlement in United States v. requiring the oil and gas company to pay $3 million in civil penalties and to spend approximately $13 million to restore 15 sites in West Virginia that had been developed without dredge and fill permits. Trans Energy, Inc. , 14-117 (N.D.W.Va.),

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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. Former Oil Minister Fernando Santos separately characterized Noboas ultimatum as a pretext to end the negotiations elegantly.

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The Energy Law

JUNE 24, 2014

On June 20, 2014, the Supreme Court of Texas ruled in Key Operating & Equipment, Inc. Hegar (PDF) that a mineral lessee in a pooled oil and gas unit has the right to use the entire surface of the pooled acreage, regardless of the location of the producing well or whether actual production from beneath the accessed surface can be proven.

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The Energy Law

MARCH 15, 2017

Based on these allegations, Plaintiff Kenneth Abbott filed a qui tam suit under the False Claims Act (FCA), asserting that BP had obtained approval to produce oil from the Department of the Interior by falsely certifying to compliance with regulatory engineering standards.

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The Energy Law

FEBRUARY 9, 2021

In re Oil Spill by Oil Rig “Deepwater Horizon” in Gulf of Mex., 2014); Barker v. 2014); Barker v. They later brought suit against BP and several other defendants, alleging negligent infliction of emotional distress. The district court dismissed their case under Rule 12(b)(6). 20, 2010 , 452 F. 3d 455, 463 (E.D.

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The Energy Law

FEBRUARY 9, 2021

In re Oil Spill by Oil Rig “Deepwater Horizon” in Gulf of Mex., 2014); Barker v. 2014); Barker v. They later brought suit against BP and several other defendants, alleging negligent infliction of emotional distress. The district court dismissed their case under Rule 12(b)(6). 20, 2010 , 452 F. 3d 455, 463 (E.D.

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The Energy Law

FEBRUARY 4, 2021

2014), another case involving an arbitration clause which incorporated the AAA rules and explicitly exempted certain claims from arbitration. In reaching its decision, the Fifth Circuit looked to the Second Circuit’s decision in NASDAQ OMX Grp., UBS Securities, LLC , 770 F.3d 3d 1010 (2d Cir.

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The Energy Law

JUNE 8, 2020

BlueStone primes the Court to resolve a Texas appellate court split regarding whether a lease provision requiring royalties to be paid based on “gross” profits or value received from the sale of oil and gas production nullifies an “at the well” valuation point elsewhere in a lease. Oil & Gas Co. Mewbourne Oil. 2d at 120-21.

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