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

The Energy Law

Last year, in another dispute over who should bear the cost of decommissioning offshore facilities, the Southern District of Texas held that a former sub-assignee of offshore operating rights was entitled to equitable subrogation from the record title owner and initial assignor. UNOCAL also reserved a 3% overriding royalty.

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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. Chevron has stakes in both onshore and offshore fields through a JV with NNPC that has the same percentage distribution as Exxon’s. How did this happen?

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Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law

The 2020 Presidential candidates, Republican Donald Trump and Democrat Joe Biden, have divergent positions on U.S. The 2020 election is less than two weeks away, and the stark differences between each candidate’s energy policies highlight what this election may mean to the oil and gas industry. away from its reliance on fossil fuels.

Oil 40
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Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law

The 2020 Presidential candidates, Republican Donald Trump and Democrat Joe Biden, have divergent positions on U.S. The 2020 election is less than two weeks away, and the stark differences between each candidate’s energy policies highlight what this election may mean to the oil and gas industry. away from its reliance on fossil fuels.

Oil 40
article thumbnail

Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law

The 2020 Presidential candidates, Republican Donald Trump and Democrat Joe Biden, have divergent positions on U.S. The 2020 election is less than two weeks away, and the stark differences between each candidate’s energy policies highlight what this election may mean to the oil and gas industry. away from its reliance on fossil fuels.

Oil 40