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

Oil & Gas 360ยบ

mtpa Coral South FLNG project has been operating since 2022 while ExxonMobil plans to make FID on Rovuma LNG in 2026. Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent. Algerias Sonatrach will increase hydrocarbon production by 2.5%

E&P 130
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Upstream Production Report: 2022 vs. 2023 vs. 2024 โ€“ Main Basins, Operators, Oil vs. Gas

Rextag

Yearly Production Analysis: 2022-2024 The table below summarizes the yearly production trends for the basin: Year Oil (MMBBL) Gas (BCF) BOE (MMBOE) 2022 1,943 1,282 3,226 2023 1,905 1,237 3,142 2024 1,912 1,254 3,165 Key Observations: Oil production declined by 2.0% in 2023 , then increasing by 1.3%

Basin 59
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Sixth Circuit Court of Appeals Affirms District Court Decision on Royalty Calculations

Vorys Energy

On February 1, 2022, the United States Court of Appeals for the Sixth Circuit affirmed the lower courtโ€™s decision in Zehentbauer Family Land, LP, et al. TotalEnergies E&P USA, Inc, et al. Moreover, the court observed that, as a consequence, โ€œPlaintiffsโ€™ royalties are based on those gross proceeds paid to the Lessee.

Royalty 40
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2023 Begins With Increased (or Unlimited) Liability for Vessel Owners

The Energy Law Blog

maritime law experienced two significant changes on December 23, 2022โ€”one pertaining to liability for oil pollution, the other concerning small passenger vessels. After significant changes, the SPVA was signed into law on December 23, 2022, as part of the nearly 2000-page James M. 6] The last CPI adjustment occurred in 2019.

Oil 98
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Towards Disruptive Technologies for new Generation Aircraft by 2035

Energy Central

Towards Disruptive Technologies Aircraft by 2035 T h e Eu ro p e a n a v i a t i o n i n d u s t r y i s co m m i t ted to transforming the sector, through the support of the Clean Aviation Joint Undertaking as well as other notable European Union’s initiatives and policies such as (but not limited to) the European Alliance for Zero Emission (..)

E&P 59
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Liskow & Lewis CARES Act Tax Analysis โ€“ Part II

The Energy Law Blog

Bradford and Jeffrey P. On Friday, March 27, 2020, President Trump signed into law the CARES Act, which contains many provisions designed to mitigate the impact of the Coronavirus pandemic. Liskow & Lewis attorneys John T. The new deduction is generally governed by the relevant rules in IRC Section 170 with a few modifications.