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Egypt, Germany Explore Partnership in Natural, Hydrogen, Carbon Storage

Egypt Oil & Gas

Discussions focused on the German side’s potential purchase of Cypriot gas within the framework of the recently concluded agreement between Egypt and Cyprus to transport gas produced from Cypriot fields to Egypt via Egyptian liquefaction facilities.

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Nigeria Oil Industry Overview

Drillers

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration. How did this happen?

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Florida Investors and the Shift to Alternative Investments in Oil and Gas

Aresco

The Allure of Oil and Gas Investments for Florida Investors Oil and gas have long been considered a cornerstone of the global economy, providing the energy that powers industries, transportation, and households. government offers a variety of tax incentives aimed at encouraging domestic energy production.

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How Does Blockchain Integration Impact Renewable Energy Procurement?

Navigate Power

As society increases its focus on going green, businesses are exploring their options for renewable energy. For example, a company in Australia called Power Ledger uses a blockchain platform that monitors users’ energy consumption and production while ensuring transparent yet secure executions. Let’s take oil as an example.

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Trudging the Rocky Landscape of Royalty Dispute Litigation with the Texas Supreme Court Yet Again in BlueStone

The Energy Law

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 Res., NationsBank , 939 S.W.2d 2d 118, 120-21 (Tex.

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U.S. House of Representatives Passes Energy Bill

The Energy Law

Title I addresses the existing moratoria, future OCS access, exploration, production and royalty questions. House of Representatives passed Speaker Pelosi’s Energy Bill, H.R. 6899, titled “Comprehensive American Energy Security and Consumer Protection Act.”

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Texas Supreme Court Says You Can’t Disclaim Your Heritage, But Maybe You Can Ignore It

The Energy Law

Like the final season of ABC’s hit series Lost , the Texas Supreme Court’s opinion in Chesapeake Exploration, L.L.C. The 5-4 decision, authored by Justice Hecht, is the latest in a series of cases from high courts across the country addressing the sharing of “post-production costs” between royalty owners and oil and gas lessees.

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