Remove 2022 Remove Exploration and Production Remove Utilities
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A Primer on CCUS Regulation in Louisiana

The Energy Law

Carbon capture, utilization, and storage (CCUS) projects involve various legal issues. Like traditional exploration and development, CCUS projects require the operator to secure both the necessary private property rights from landowners as well as regulatory approval from the appropriate administrative agency in order to proceed.

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Depletion Allowance for Oil and Gas Overview

Aresco

The depletion allowance for oil and gas allows businesses engaged in the extraction of these resources to recover some of their capital investment by utilizing a portion of their gross income from the sale of the resources as a tax deduction. This includes expenses related to exploration, development, and extraction.

Oil 52
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30% of Ghana’s crude oil consumption purchased through Gold for oil programme – Lands Minister

Reporting Oil and Gas

In response to the depreciation of the Ghana Cedi in the last quarter of 2022, the government introduced the Gold for Oil Programme, utilizing gold produced within the country to purchase oil and alleviate pressure on the local currency. Additionally, petrol prices decreased from GHS23 per litre to GHS12 per litre.

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Renewable Energy Efforts Highlighted in Draft Plan to Reduce Greenhouse Gas Emissions in Louisiana

The Energy Law

After additional rounds of feedback from the Task Force and the public, some actions may be added, deleted, or revised prior to the release of the draft Climate Action Plan later this year and the Final Report in February 2022. The Draft Portfolio contains 29 strategies, with various amounts of specific actions to carry out each strategy.

Energy 52