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 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. million boepd by 2030.

Natural Gas 52

Natural Gas Gas Basin Exploration and Production 52

Rextag

JANUARY 6, 2025

shale oil production surged to 10 million barrels daily , reinforcing Americas role as a cornerstone of global energy stability. UK Windfall Tax Fallout: The UKs extension of its windfall tax on oil and gas profits to 78% sparked industry backlash, threatening 26 billion in economic contributions and 42,000 jobs. Record U.S.

Offshore 40

Offshore Oil Exploration and Production Energy 40