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? Exxon comes next: the U.S.

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The Energy Law Blog

OCTOBER 5, 2020

By ratifying the 2015 Paris Agreement, [1] nations across the world made a commitment to reducing greenhouse gas emissions by at least 40% by the year 2030. Carbon dioxide is one of the primary greenhouse gases found in the Earth’s atmosphere, accounting for 76% of global greenhouse gas emissions according to published reports.

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Rextag

FEBRUARY 13, 2025

By targeting a 40% cut in oil-and-gas output by 2030 relative to 2019 levels, he repositioned BP as a leader in renewables, wind, solar, and electric vehicle (EV) charging. Signed an MOU with the Iraqi government, exploring redevelopment in the Kirkuk oilfields, estimated at around 9 billion barrels of recoverable oil.

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Oil Gas Leads

MARCH 13, 2025

natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. per million British thermal units (mmBtu), BP sees a lucrative opportunity to increase production. However, under the new strategy, the company now plans to grow production to between 2.3 million boepd by 2030. million and 2.5

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True Energy

NOVEMBER 26, 2024

Explore five key trends that will shape the future of flexible energy systems, providing substantial benefits for utilities and their customers. Share on Explore the critical role of AI, DERMS, and digitalization in enhancing energy flexibility to optimize grid stability and efficiency.

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Energy Energy Utilities Management 52

Rextag

JANUARY 6, 2025

shale oil production surged to 10 million barrels daily , reinforcing Americas role as a cornerstone of global energy stability. OPEC+ Production Cuts: OPEC+'s decision to extend production cuts into 2025 aimed to stabilize markets but drew skepticism. Record U.S. Shale Output: U.S. LNG Export Dominance: U.S. renewable projects.

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Offshore Oil Exploration and Production Energy 40

Enverus

FEBRUARY 20, 2025

Figure 1 highlights various fuel types and their production pathways to triangulate corresponding revenue impacts. When used as a feedstock for blue hydrogen, landfill RNG delivers an 86% net incremental uplift to RD returns implying that fully committing this fuel would require 144% of projected 2030 landfill gas volumes to meet RD demand.

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The Energy Law Blog

OCTOBER 26, 2020

oil and gas production, with the former pledging continued expansion of domestic oil and gas drilling and production, and the latter pledging to transition the U.S. His America First Energy Plan is aimed, in part, at increasing fossil fuel production in the U.S. Due to the sharp increase in oil and gas production, the U.S.

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