This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.
ADNOC's move - dubbed Energy^AI or 'energy to the power of AI' will be in partnership with government-backed G42, AiQ and Microsoft. Of course, the event saw divergent views on whether this should be achieved via taxation, subsidies or be left to the free markets. Or perhaps a combination of all three.
District Court for the Western District of Louisiana held that a unit operator may not recover post-production costs from an unleased mineral owner’s share of production proceeds in Allen Johnson, et al. 30:10 governed whether a unit operator may deduct post-production costs against UMO’s share of production proceeds. [3]
The “ LL&E II ” decision finds that Act 312 charges the court, not the jury, to determine the funding needed to remediate property to government standards. If (and only if) an express contractual provision allows greater remediation than government standards, a jury may consider and award such “excess remediation” damages.
government offers a variety of tax incentives aimed at encouraging domestic energy production. The potential for high returns, coupled with the benefits of diversification and tax incentives, has led many investors to explore these opportunities as a way to navigate the uncertainties of the global financial markets.
Like traditional exploration and development, CCUS projects require the operator to secure both the necessary private property rights from landowners as well as regulatory approval from the appropriate administrative agency in order to proceed. Communications include firm news, insights, and events. This article focuses on the latter.
The “ LL&E II ” decision finds that Act 312 charges the court, not the jury, to determine the funding needed to remediate property to government standards. If (and only if) an express contractual provision requires greater remediation than government standards, a jury may consider and award such “excess remediation” damages.
Additionally, concerns about a potential “chilling effect” on the state’s real estate industry have been raised, along with likely complications associated with the task of identifying whether every entity buying or leasing property in the state is sufficiently tied to an adversarial government to fall under the purview of this bill.
Introducing its lawsuit with statements that “New Orleans is imperiled” and its “people are in danger,” the City contends that the defendants’ failure to maintain access canals, spoil banks, and earthen pits created in the course of exploration and production has destroyed the coastal zone.
In the City of Baltimore’s case, the City asserted several state-law causes of action centered on the alleged misleading promotion, and failure to warn about the dangers of, fossil-fuel products. Communications include firm news, insights, and events. Therefore, 28 U.S.C. 1332), the Outer Continental Shelf Lands Act (92 Stat.
BlueStone primes the Court to resolve a Texas appellate court split regarding whether a lease provision requiring royalties to be paid based on “gross” profits or value received from the sale of oil and gas production nullifies an “at the well” valuation point elsewhere in a lease. Heritage Resources , 939 S.W.2d 2d at 120-21.
Carbon capture can use a variety of techniques to remove emissions from industrial and power production operations post-combustion. This process of utilization refers to the use of CO2 directly or as a feedstock in industrial or chemical processes, to produce valuable carbon-containing products, where CO2 can generate economic value.
By granting certiorari and hearing oral arguments, the Supreme Court has agreed to review the Fourth Circuit Court of Appeals’ decision remanding the suit to state court after rejecting the energy companies’ contention that they were acting as federal officers pursuant to historical contracts with the federal government.
Riverwood Production Company, et al. (“ Riverwood ”), No. According to defendants, the Report shows, for the first time, that plaintiffs allege damages based on World War II-era exploration and production activities that were controlled, directed, and regulated by the federal government. 18-5217, 2019 WL 2271118 (E.D.
By granting the petition, the Supreme Court has agreed to review the Fourth Circuit Court of Appeals’ decision remanding the suit to state court after rejecting the energy companies’ contention that they were acting as federal officers pursuant to historical contracts with the federal government.
Nathan Johnson, respectively, directs the state to create tougher standards for tanks in areas prone to flooding, hurricanes, and similar weather events. [2]. Communications include firm news, insights, and events. HB 711 and SB 126 , from state Rep. Mary Ann Perez and Sen. Pre-filed and introduced by State Sen.
Producers and governments have shown interest in CCS as it allows for the continued use of fossil fuels while reducing net carbon dioxide emissions. Communications include firm news, insights, and events. To receive information from Liskow & Lewis, your information will be kept in a secured contact database.
The reorganization gave BSEE regulatory authority (PDF) over safety and environmental affairs for OCS exploration and production activities. DOI then restructured BOEMRE into three new Bureaus : BSEE, the Bureau of Ocean Energy Management (BOEM) and the Office of Natural Resources Revenue. 3304, issued June 29, 2010.
.” Strategic Rationale Solidified Position Within the Large-Cap Universe: The combined company will have an enterprise value of $15 billion 1 and 370,000 boe/d 2 (63% liquids) of corporate production with significant overlap across both unconventional and conventional assets. million acres in Alberta. billion 1.
This event took place as part of the second day of the CERAWeek 2025 in Houston, Texas, and attended by several African energy ministers, senior officials from The World Bank and the European Union (EU) as well as top executives and officials from global companies operating in the petroleum and energy sectors.
Hours before a controversial set of new reporting requirements for government contractors was set to take effect, a federal court in Texas enjoined implementation of the requirements across the country. The violations are analyzed and taken into consideration by the agencies in awarding contracts.
With 94% of the resource known to be in mineralized bands, the exploration risk to take this Inferred 5.2 GSHR has only drilled 4km of the immediate 8km Moss corridorso LOTS of exploration potential left. GSHRs Moss deposit is 100 km west of a big resource hubThunder Bay, Ontario. Its close to very cheap power ($0.08/KwH)
Investors are turning to private oil and gas companies, such as Aresco LP , to explore direct investments in exploration and development projects. For many in the industry, these policies limited growth and deterred investment in domestic energy production. interests domestically and abroad. Over the past few years, U.S.
133 ”), which was signed into law by former President Trump on December 27, 2020, contains notable bipartisan energy initiatives, ranging from new and extended tax incentives to government programs for research and development for CCS projects. Communications include firm news, insights, and events.
Among other damages, the Plaintiff States also “claim[ed] damages through loss of jobs in the oil and gas sector, higher gas prices, losses by local municipalities and governments, as well as damage to Plaintiff States’ economy.” Id. (3 Communications include firm news, insights, and events.
Among other damages, the Plaintiff States also “claim[ed] damages through loss of jobs in the oil and gas sector, higher gas prices, losses by local municipalities and governments, as well as damage to Plaintiff States’ economy.” Id. (3 Communications include firm news, insights, and events.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content