2030 Petroleum Royalty 
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 Total petroleum inventories increased by 0.2 Meanwhile, global supply concerns persist as the U.S.
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. That was formed in 1977 under the name National Nigeria Petroleum Company. The rate of royalty will rise in tune with oil prices. How did this happen?
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The Energy Law
OCTOBER 26, 2020
became “energy independent” and a net exporter of petroleum products in 2019. 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.
The Energy Law
OCTOBER 26, 2020
became “energy independent” and a net exporter of petroleum products in 2019. 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.
The Energy Law
OCTOBER 26, 2020
became “energy independent” and a net exporter of petroleum products in 2019. 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.
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