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

Oil & Gas 360ยบ

Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Algerias Sonatrach will increase hydrocarbon production by 2.5% Algerias Sonatrach will increase hydrocarbon production by 2.5%

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U.S. Customs Revokes Recent Offshore Wind Ruling; Maintains Uncertainty Whether the Jones Act Applies to Wind Farm Installations on the OCS

The Energy Law

On July 15, 2020, the Unites States Customs and Border Protection (โ€œCBPโ€) issued a ruling (HQ H309672) in connection with the installation of an offshore wind farm located off the coast of Rhode Island and Massachusetts in U.S. territorial waters (the โ€œJuly 15 Rulingโ€). 55102) (or the Passenger Vessel Services Act (46 U.S.C. 1333(a)(1).

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Nigeria Oil Industry Overview

Drillers

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration. million BPD as of November 2019.

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Profits or Planet? BPโ€™s โ€˜New Beginningโ€™: The Shift from Low Carbon to Core Oil and Gas and Q4 2024 Results

Rextag

By targeting a 40% cut in oil-and-gas output by 2030 relative to 2019 levels, he repositioned BP as a leader in renewables, wind, solar, and electric vehicle (EV) charging. Signed an MOU with the Iraqi government, exploring redevelopment in the Kirkuk oilfields, estimated at around 9 billion barrels of recoverable oil.

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Federal Judge Grants Preliminary Injunction Halting the Biden Administrationโ€™s โ€œPauseโ€ on New Oil and Gas Lease Sales

The Energy Law

Further, offshore Lease Sales 257 and 258, which were included in the Five-Year Program that was approved under the Outer Continental Shelf Lands Act (โ€œOCSLAโ€), were both canceled. It is also possible that Interior could take steps to amend the Five-Year Program to modify the offshore lease sale schedule. Trump , 363 F. 3d 1013 (D.

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Federal Judge Grants Preliminary Injunction Halting the Biden Administrationโ€™s โ€œPauseโ€ on New Oil and Gas Lease Sales

The Energy Law

Further, offshore Lease Sales 257 and 258, which were included in the Five-Year Program that was approved under the Outer Continental Shelf Lands Act (โ€œOCSLAโ€), were both canceled. It is also possible that Interior could take steps to amend the Five-Year Program to modify the offshore lease sale schedule. Trump , 363 F. 3d 1013 (D.

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Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law

oil and gas production, with the former pledging continued expansion of domestic oil and gas drilling and production, and the latter pledging to transition the U.S. His America First Energy Plan is aimed, in part, at increasing fossil fuel production in the U.S. Due to the sharp increase in oil and gas production, the U.S.

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