Rigzone
JULY 22, 2025
“The consideration will be split into a $40 million payment due on completion, $40 million payable at the earlier of field development plan approval or 30 June 2026, and $40 million payable over five years from the third quarter of 2028 onwards”, Tullow said.
Oil & Gas 360º
JULY 23, 2025
Oklo has a DOE site permit for its first reactor at the Idaho National Labs with plans for commercial operation by 2028. Its commercial Aurora power plant is engineered to produce 75 megawatts. The company’s acquisition of Atomic Alchemy also allows Oklo to produce radioisotopes critical for medical and defense applications.
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Oil & Gas 360º
APRIL 2, 2025
Chevron will retain a 30% non-operated working interest in a joint venture with TGNR and an overriding royalty interest in the assets. billion in value to Chevron at current Henry Hub prices through the multi-year capital carry, retained working interest, and overriding royalty interest.
Oil Gas Leads
APRIL 1, 2025
Chevron will retain a 30% non-operated working interest along with an overriding royalty interest, maintaining upside exposure while reducing capital commitment. billion in value through this capital-efficient structure, aligning with its broader strategy to divest $1015 billion in assets by 2028 and optimize its global energy portfolio.
CNBC: Energy
JULY 3, 2025
The law also slashes the royalties that producers pay the government for pumping oil and gas on federal lands, encouraging higher output. The law ends the hydrogen tax credit in 2028, later than previous versions of the bill. Chevron , Exxon and others are investing in projects to produce hydrogen fuel.
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