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2024 Statistical Review Of World Energy Highlights

Energy Central

The Statistical Review is instrumental in providing comprehensive data on global oil, gas, and coal production and consumption, as well as on carbon dioxide emissions and renewable energy statistics. Last year, after 70 years of publishing the Statistical Review of World Energy, BP handing over publication to the Energy Institute (EI).

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Strengthening The Nigerian Oil and Gas Sector: A Call for Change

Nestoil

The Nigerian oil and gas industry has the potential to become a leading exporter of expertise and services to other African nations. Speaking at the 2024 Nigeria Oil and Gas (NOG) Energy Week in Abuja, Dr. Azudialu-Obiejesi emphasized the need for reforms in the implementation of these policies to better protect and promote local companies.

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Harmonizing Assignments and Exhibits

Producer's Edge

What happens when language in the body of an assignment of oil and gas interests conflicts with descriptions in the exhibits? 23-0037, 2024 Tex. LEXIS 369 (May 17, 2024) and the previous appellate history. These issues are front and center in the Texas Supreme Court’s recent opinion in Occidental Permian, Ltd.,

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The Continued Struggle to Rebut the Van Dyke Presumption

Producer's Edge

Navigator Group that courts interpreting “antiquated instruments” that use 1/8 within a double fraction must begin with the rebuttable presumption that 1/8 refers to the entire mineral estate, Texas courts have wrestled with its implications. This article discusses a couple more cases in 2024. Montgomery, Tr.

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Broad Assignments & Deep Disputes: Decoding Depth Descriptions

Producer's Edge

Where the instruments are not clear, this can sometimes lead to disagreement as to whether the descriptive information is intended to limit the scope of the assignment, or to merely serve as helpful descriptive information. In 2020, the Texas Supreme Court released its opinion in Piranha Partners v. Citation 2002 Inv. LLC , 689 S.W.3d

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

(Oil & Gas 360) Publisher’s Note: Whitecap Resources will be presenting at the 30th Anniversary EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure.

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Can Letters of Intent Form Binding Purchase Contract?

Producer's Edge

Purchase and sale transactions often progress through several stages of instruments, like layers of an onion, before they reach the final definitive purchase agreement, and perhaps even more layers before they reach the final assignment and post-closing items. 14-23-00224-CV, 2024 WL 3616716 (Tex. 1, 2024, no pet.

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