Remove Barrel Remove Crude Oil Remove Royalty
article thumbnail

Valor | Energy Connection – Feb. 24, 2025

Valor

Oildips on pending Kurdistan supply resumption Summary : Oil prices declined on Monday, extending last weeks losses, as markets anticipated the resumption of crude exports from Iraqs Kurdistan region. Brent crude fell 20 cents to $74.23 per barrel, while WTI dropped 28 cents to $70.12 crude output to grow from 13.2

Barrel 52
article thumbnail

Nigeria Oil Industry Overview

Drillers

Pipeline vandalism, militant attacks on infrastructure, protests and lawsuits are among the issues that have plagued Nigerias oil industry for years. Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. How did this happen?

Oil 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Oil & Gas 360º

Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure. Refer to the Specified Financial Measures section in this press release for additional disclosure and assumptions.

Energy 130
article thumbnail

Alberta government says premier in talks with potential overseas heavy oil buyer

Oil & Gas 360º

(BOE Report) –CALGARY The Alberta government says Premier Danielle Smith has been in talks with a multinational oil and petrochemical player about selling two million barrels per month of province-owned heavy oil.