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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. That was formed in 1977 under the name National Nigeria Petroleum Company. The rate of royalty will rise in tune with oil prices. 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. became “energy independent” and a net exporter of petroleum products in 2019. economy, its energy independence, and its diplomatic relations. 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. became “energy independent” and a net exporter of petroleum products in 2019. economy, its energy independence, and its diplomatic relations. 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. became “energy independent” and a net exporter of petroleum products in 2019. economy, its energy independence, and its diplomatic relations. away from its reliance on fossil fuels.

Oil 40