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Texas Supreme Court Holds that Add-Back Provision in Oil and Gas Lease Required Royalties to be Paid on Prices in Excess of the Producers’ Gross Proceeds

The Energy Law

Specifically, the lessors discovered that the lessees sold oil under contracts that calculated the sales price by taking an index price at market centers downstream from the point of sale and subtracting eighteen dollars per barrel for the purchaser’s anticipated post-sales costs.

Royalty 98
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Energy Transfer Caps 2024 with Strong Q4 and Full Year Earnings Results

Energy Transfer

In addition to financial highlights, Long and McCrea provided details on Energy Transfers efforts to supply natural gas to data centers, power plants and manufacturing facilities, including the recently announced agreement with CloudBurst to provide natural gas to its flagship AI-focused data center in Central Texas. (

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Trump’s steel, aluminum tariffs take effect as US-Canada trade war intensifies

Oil & Gas 360Âş

Trumps action to bulk up protections for American steel and aluminum producers restores effective global tariffs of 25% on all imports of the metals and extends the duties to hundreds of downstream products made from the metals, from nuts and bolts to bulldozer blades and soda cans. Canada ships about 4 million barrels of crude to the U.S.

Finance 130