Remove Downstream Remove Events Remove Upstream
article thumbnail

SEC’s Proposed Rules on Climate-Related Disclosures

The Energy Law

3] Companies will be required to disclose physical risks and financial impacts of climate-related events and transition activities and, unless the aggregate impact is below the threshold, companies will be required to include this data on each line item of their consolidated financial statements.

article thumbnail

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. Communications include firm news, insights, and events.

Royalty 98