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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. That was formed in 1977 under the name National Nigeria Petroleum Company. The rate of royalty will rise in tune with oil prices. How did this happen?

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

Oil & Gas 360º

and/or Canadian governments increases the rate or scope of the tariffs effected on March 4, 2025 , and were subsequently paused on March 6, 2025 , if they come into effect in the future, or imposes new tariffs on the import of goods from one country to the other, including on oil and natural gas, (ii) the U.S.

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Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law

became “energy independent” and a net exporter of petroleum products in 2019. Due to the sharp increase in oil and gas production, the U.S. If President Trump is re-elected, his Administration is expected to continue, and may even accelerate, these efforts in support of his America First Energy Plan.

Oil 40
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Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law

became “energy independent” and a net exporter of petroleum products in 2019. Due to the sharp increase in oil and gas production, the U.S. If President Trump is re-elected, his Administration is expected to continue, and may even accelerate, these efforts in support of his America First Energy Plan.

Oil 40
article thumbnail

Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law

became “energy independent” and a net exporter of petroleum products in 2019. Due to the sharp increase in oil and gas production, the U.S. If President Trump is re-elected, his Administration is expected to continue, and may even accelerate, these efforts in support of his America First Energy Plan.

Oil 40