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. Chevron has stakes in both onshore and offshore fields through a JV with NNPC that has the same percentage distribution as Exxon’s. How did this happen?

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Oil Royalty Exploration and Production Government 52

Valor

FEBRUARY 24, 2025

Read more BP to abandon green energy target and ramp up oil Summary : BP will abandon its plan to expand renewable energy generation 20-fold by 2030, scrapping its target of reaching 50 gigawatts (GW) and maintaining its current 8.2 onshore wind farms and spinning off offshore wind assets. GW capacity. The companys profits fell to $8.2

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Barrel Energy Energy Oil 52

Oil Review Middle East

MARCH 11, 2025

Hunting will pay a 15% royalty to the sellers on revenue earned for a period of 15 years, post-completion. Over 340 successful applications onshore and offshore have been reported, with an overall success rate of 94%. The technology is currently being evaluated by many blue-chip customers, with the benefits to the operator clear.

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Exploration and Production Field Oil Operator 40

The Energy Law

OCTOBER 26, 2020

on an irreversible path to achieve a “100% clean energy economy,” with benchmark goals of doubling offshore wind production by 2030, de-carbonizing the electricity sector by 2035, and achieving net-zero emissions, economy-wide, by 2050. Biden has indicated that, if elected, he will seek to put the U.S.

Oil 40

Oil Gas Energy Energy 40

The Energy Law

OCTOBER 26, 2020

on an irreversible path to achieve a “100% clean energy economy,” with benchmark goals of doubling offshore wind production by 2030, de-carbonizing the electricity sector by 2035, and achieving net-zero emissions, economy-wide, by 2050. Biden has indicated that, if elected, he will seek to put the U.S.

Oil 40

Oil Gas Energy Energy 40

The Energy Law

OCTOBER 26, 2020

on an irreversible path to achieve a “100% clean energy economy,” with benchmark goals of doubling offshore wind production by 2030, de-carbonizing the electricity sector by 2035, and achieving net-zero emissions, economy-wide, by 2050. Biden has indicated that, if elected, he will seek to put the U.S.

Oil 40

Oil Gas Energy Energy 40