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

Oil & Gas 360ยบ

Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent. While major gas deposits were found in the Outeniqua Basin in 2019 and 2020, operational challenges have impacted development. Algerias Sonatrach will increase hydrocarbon production by 2.5%

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U.S. Climate Change Litigation: 2020 Update

The Energy Law Blog

On January 10, 2020, the New York Attorney Generalโ€™s Office stated that it will not appeal the trial courtโ€™s decision. Below we take a closer look at each category of lawsuits and provide an update on where they stand today. In the New York litigation, ExxonMobil successfully defended itself last month. People by James v. Exxon Mobil Corp. ,

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Strategies for Operators to Stay Ahead in a Hot M&A Market

Enverus

Learn More Top Five Strategies for Operators to Get Ahead in the Competitive M&A Market Since 2020, theres been a wave of consolidation in the Permian with nearly $90 billion in private assets being acquired by public companies.[3] 1] A high price for an asset in the Permian is no surprise, as high-quality inventory is scarce.

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Fifth Circuit to Hold Oral Argument in Sojitz v. UNOCAL in April 2020

The Energy Law Blog

2003) (โ€œthe regulations govern the partiesโ€™ joint and several liabilities vis-ร -vis the Government not amongst themselvesโ€) and Total E&P USA, Inc. Sojitz Energy Venture, Inc. Union Oil Co. of California , 394 F. 3d 687 (S.D. UNOCAL assigned operating rights in the leases to ATP, who later assigned 20% of those rights to Sojitz.

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EPAโ€™s Proposed Rule on Vessel Incidental Discharges Brings VIDA One Step Closer to Full Implementation

The Energy Law Blog

On October 26, 2020, the EPA proposed a set of discharge standards for twenty different types of incidental discharges from vessel equipment and systems. Although the deadline for doing so was December 4, 2020, these standards have not yet been finalized or implemented. It also requires the U.S.

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BEYOND VIDEO-CONFERENCING and TECHNICAL FACILITATION SERVICE

Drillers

After starting in October and November 2019 The global impact of the COVID-19 pandemic spread around the world in the first few months of 2020. Once we go back to the new normal we expect that each E&P company will decide which is the most suitable for their needs, in-person or virtual? was adapting to the market conditions.

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Additional Guidance for Coronavirus-Related Distributions and Loans Under the CARES Act

The Energy Law Blog

On June 19, 2020, the Internal Revenue Service (the โ€œIRSโ€) issued Notice 2020-50 which expands the categories of individuals eligible for coronavirus-related distributions (โ€œCRDsโ€), loans, and loan repayment suspensions as well as resolves some of the issues that were concerning plan administrators and employers under the CARES Act.

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