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Valor | Energy Connection – Feb. 24, 2025

Valor

crude output to grow from 13.2 Read more 25% royalty rate cap on prime oil and gas land heads to the House Summary : The New Mexico Senate passed Senate Bill 23 in a 21-15 vote, advancing legislation to raise the maximum royalty rate on prime oil and gas land in the Permian Basin from 20% to 25%.

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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?

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

Oil & Gas 360º

The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. times net debt/funds flow, which is expected to continue to further strengthen to 0.8

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Valor | Energy Connection – Feb. 3, 2025

Valor

Read more US oil refiners look to Latin America, Iraq after Trump tariffs Summary : Following the imposition of tariffs on Canadian and Mexican crude oil imports by President Donald Trump, U.S. refiners are seeking alternative heavy crude sources from Latin America and the Middle East. oil regions.

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