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Devil’s in the details: Why BP’s debt may deter a buyer

Oil & Gas 360º

Finally, BP is still paying for the 2010 Macondo disaster, when a blowout at an offshore platform in the Gulf of Mexico caused one of the world’s worst oil spills. BP’s valuation could improve if it completes its $20 billion asset disposal plan by 2026. BP also has $12.5 billion in lease obligations for assets such as vessels and rigs.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

Spain has transposed the European Carbon Capture and Storage Directive under Law 40/2010, but has yet to include a clear permitting process. 22 “Law 40/2010, of December 29, on geological storage of carbon dioxide,” Official State Gazette, Spain, December 31, 2010.

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Trump’s flip-flop on emergency oil reserves has its merits: Bousso

Oil & Gas 360º

But it contained only 403 million barrels of crude oil as of July 4, according to government data, which is far below the record level of 727 million barrels reached in 2010. Even though the United States, as a net exporter of oil, is no longer required to hold reserves, it is unlikely to completely forgo its emergency energy stash.

Oil 130
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Eni Forms New Company to Expand Oilfield Chemicals Business

Rigzone

Products are tailored to meet specific client requirements, while services include sales and after-sales support, ensuring continuous and qualified technical assistance” Launched 2010, Eni’s oilfield chemicals business now operates in Africa, the Americas, Asia and Europe, according to the company.

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Production in Paying Quantities: Maintaining Mineral Leases Beyond Their Primary Terms with Production of Oil or Gas

The Energy Law

“Operating expenses”—or “lifting expenses” as they are sometimes referred—are “ordinary, recurring expenses” that are attributable to the expense of production, after the well is drilled and completed. [5] Dore , 2010 U.S. 2d at 1027; Dore , 2010 U.S. 5] See id. at 718-19; see also Dore Energy Corp. 2d at 719. [7]

Oil 40
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Green Mortgages: Here’s What You Need to Know

Energy Refuge

Once the report is complete, the lender deposits the EEM loan into an escrow account. This scheme was halted in 2010 because it was deemed too risky. It is important to note that the HERS is a separate service. The cost might range between $300-800. But this can be included in the EEM loan depending on the lender. Conclusion.

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Fifth Circuit Reverses Summary Judgment in Oil Pollution Act Case

The Energy Law

2010 WL 5421015 (5th Cir. 30, 2010), the Fifth Circuit reversed the district court’s finding of summary judgment on liability under the Oil Pollution Act of 1990 (“OPA”). OPA, however, also provides a responsible party with a complete defense to liability in the following circumstance: A responsible party is not liable.if

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