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Breaking Up Is Hard To Do - Move Away From Long-Term Deals Carries Risk for LNG Buyers, Producers

RBN Energy

Such contracts between upstream LNG producers and downstream utility companies have provided buyers with security of supply over a protracted period while guaranteeing producers sufficient income to justify the investment in export facilities and shipping fleets.

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Texas Supreme Court Holds Producer Not Required to Share in Natural Gas Pipeline Compression Costs

The Energy Law

13-0596 , the Supreme Court of Texas interpreted a natural gas-purchase contract and held that a producer was not required to share in the costs of compression, even though that compression helped yield a higher re-sale price. Kachina”) operates a natural gas gathering system, as well as a gas pipeline. Lillis, No.

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Investment Opportunities in the Oil and Gas Sector

Nestoil

The oil and gas sector has long been a cornerstone of the global economy, providing energy, raw materials, and substantial economic contributions. For investors, this sector offers diverse opportunities, ranging from upstream exploration to downstream refining and distribution.

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Collaboration: Key to the first multicloud blockchain deployment

IBM: Oil & Gas

We create software solutions for participants in the oil and gas supply chain — the producers, suppliers and retailers who move bulk liquids like crude oil, natural gas liquids and derivatives like natural gas, propane, butane and more. Why I am talking about solutions built on AWS on an IBM Blockchain blog?

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Fifth Circuit Recognizes Gas Purchaser’s Right to Cancel Contract Due to Title Dispute

The Energy Law

12, 2009), a panel of the United State Court of Appeals for the Fifth Circuit heard an action arising from a contract to supply natural gas condensate in south Texas. JAG Energy, Inc., 08-20152, F.3d 3d , 2009 WL 336129 (5th Cir. Flint Hills, a crude oil refiner, agreed to purchase Mexican condensate from JAG.

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New Developments in Shocking Case Before the Texas Supreme Court Regarding Construction of Novel Oil & Gas Royalty Term

The Energy Law

The lessees argued before the court of appeals that downward adjustments to the sales price to account for post-transfer costs are not subject to the “add-back” provision because appellants never “directly or indirectly” incurred the costs at issue—instead, the downstream purchaser incurred those costs.

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How Does Blockchain Integration Impact Renewable Energy Procurement?

Navigate Power

Additional Read: Will the Natural Gas Business Still Be Big in 20 years? While thousands of companies make up the world’s oil and gas industry, we can dive them into three main categories: 1. Downstream: Companies companies, majors (large companies), and independents. This is where blockchain technology comes in.

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