2022 Royalty Utilities 
The Energy Law
MARCH 28, 2022
Carbon capture, utilization, and storage (CCUS) projects involve various legal issues. It is currently anticipated that primacy for Louisiana will be granted in late 2022 or early 2023. Article original published in the Society of Applied Geoscientists and Engineers Magazine, the SAGE MAGE, March 2022, vol.
Reporting Oil and Gas
NOVEMBER 26, 2023
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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Aresco
FEBRUARY 14, 2024
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. Oil and gas tax deductions 2023 did not change significantly from oil and gas tax deductions 2022.
The Energy Law
NOVEMBER 28, 2022
The two bureaus stated their focus for fiscal year (FY) 2022 would be on the development of regulations to address the IIJA requirement; accordingly, both BOEM and BSEE have budgeted funds for FY 2023 to develop such a framework. This presents a significant opportunity for the Gulf of Mexico to be in a leading role in helping the U.S.
Marcellus Shale Coalition
FEBRUARY 26, 2025
New England customers are faced with higher-than-average utility bills, natural gas shortages that require power plants to run on fuel oil, and an electric grid straining to meet new demands for power as current policies discourage the construction of new plants. Energy Information Administration (EIA) analysts have said previously.
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