Reporting Oil and Gas

NOVEMBER 26, 2023

Mahamudu Bawumia for the successful implementation of the Gold for Oil Policy, hailing it as a pivotal strategy that stabilized the local currency and alleviated fuel costs. The Finance Minister further expressed the government’s intention to expand the Gold for Oil Programme to cover 50% of national consumption.

Crude Oil 52

Crude Oil Oil Government Exploration and Production 52

Aresco

FEBRUARY 14, 2024

For oil and gas, the percentage depletion rate is set at 15% of the gross income from the property, subject to certain limitations and qualifications. This includes expenses related to exploration, development, and extraction. Oil and gas tax deductions 2023 did not change significantly from oil and gas tax deductions 2022.

Oil 52

Oil Gas Exploration and Production Crude Oil 52

Drillers

MARCH 24, 2020

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration. How did this happen?

Oil 52

Oil Royalty Exploration and Production Government 52

Oil & Gas 360º

MARCH 10, 2025

Chris Cornelius announces the following changes, effective March 10th, 2025: Dr. Paul Clarke will be promoted internally to the role of Chief Executive Officer and President from his current role of Vice President of Exploration. From April 2016 to January 2023, he was the Vice President of Corporate Development for TAG Oil Ltd.,

Management 130

Management Energy Energy Exploration and Appraisal 130

Oil Gas Leads

MARCH 13, 2025

natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. CEO Murray Auchincloss, speaking at the CERAWeek conference in Houston, highlighted the companys renewed focus on oil and gas, marking a strategic pivot from its previous emphasis on renewable energy. BP is doubling down on its U.S.

Natural Gas 52

Natural Gas Gas Basin Exploration and Production 52

Rextag

FEBRUARY 24, 2025

Over the past two years, 2023 and 2024, production levels have soared, investment strategies have shifted, and new regulatory frameworks have emerged. How will new policies impact production and investment strategies? 2023 Production: ~6.0 2024 Production: 6.3 2023 Production: ~6.0

Basin 40

Basin Oil Gas Exploration and Production 40

Rextag

JANUARY 6, 2025

While clean technologies achieved record growth, the enduring dominance of oil, gas, and LNG underscored the complexities of balancing energy security, economic stability, and climate ambitions. shale oil production surged to 10 million barrels daily , reinforcing Americas role as a cornerstone of global energy stability.

Offshore 40

Offshore Oil Exploration and Production Energy 40