2019 Petroleum Royalty 
Drillers
MARCH 24, 2020
Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. That was formed in 1977 under the name National Nigeria Petroleum Company. million BPD as of November 2019. The rate of royalty will rise in tune with oil prices.
The Energy Law
OCTOBER 26, 2020
became “energy independent” and a net exporter of petroleum products in 2019. Due to the sharp increase in oil and gas production, the U.S. If President Trump is re-elected, his Administration is expected to continue, and may even accelerate, these efforts in support of his America First Energy Plan.
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The Energy Law
OCTOBER 26, 2020
became “energy independent” and a net exporter of petroleum products in 2019. Due to the sharp increase in oil and gas production, the U.S. If President Trump is re-elected, his Administration is expected to continue, and may even accelerate, these efforts in support of his America First Energy Plan.
The Energy Law
OCTOBER 26, 2020
became “energy independent” and a net exporter of petroleum products in 2019. Due to the sharp increase in oil and gas production, the U.S. If President Trump is re-elected, his Administration is expected to continue, and may even accelerate, these efforts in support of his America First Energy Plan.
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