Remove 2019 Remove Downstream Remove Exploration and Production
article thumbnail

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. In 2019, the Court heard Burlington Res.

Royalty 52
article thumbnail

The new tariff reality: From risk to resilience

McKinsey

The second guest is Liz Hempel , a partner and leader of the firm’s product development and procurement work for industrial clients. Partner Riccardo Drentin  joins us from Jakarta, where he co-heads McKinsey’s Procurement and Product Development division in Asia–Pacific.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. million BPD as of November 2019.

Oil 52
article thumbnail

The great trade rearrangement

McKinsey

If they cannot, firms might instead reduce purchases, replace imported products with something similar, or ramp up domestic production. Major products like laptops, smartphones, and toys are harder to rearrange. Shifts across many thousands of products will reshape the geometry of global trade. Granularity is key.

article thumbnail

A new trade paradigm: How shifts in trade corridors could affect business

McKinsey

Resources across energy and mining could see substantial downstream effects. Explore MGI research on Geopolitics and the Geometry of Global Trade About that grinding sound you’ve been hearing: Not to alarm you, but that’s the tectonic plates of global trade shifting. Businesses can get ahead of changing trade dynamics.