Valor

JULY 7, 2025

OPEC+ members agree to larger-than-expected oil production hike in August Summary : An eight-nation OPEC+ group, including Russia and Saudi Arabia, agreed to a larger-than-expected 548,000 barrels per day (bpd) production hike for August. This relief for over 61 million travelers is driven by cheap crude oil, as the U.S.

Energy

Oil & Gas 360º

JULY 8, 2025

Bureau of Land Management regulations restrict commingling to leases that have identical mineral ownership, royalty rates and revenue distribution. These updates will help us manage public resources more efficiently, support responsible energy production, and make sure taxpayers and tribes get every dollar they’re owed.”

Gas

Oil & Gas 360º

JULY 23, 2025

crude futures hit a low of $57.13 Houston-based exploration and production company EOG Resources (NYSE: EOG ) bought Encino Acquisition Partners for $5.6 Viper Energy (NASDAQ: VNOM ) followed with its purchase of Sitio Royalties for $4.1 During the second quarter, U.S. on June 18, according to data from LSEG.

Upstream

Oil & Gas 360º

JUNE 3, 2025

(Oil & Gas 360) –MIDLAND, Texas, June 03, 2025 (GLOBE NEWSWIRE) — Viper Energy, Inc. NASDAQ:FANG) (Diamondback), and Sitio Royalties Corp. mboe/d); Q1 2025 average Permian production of 14.5 mboe/d); Q1 2025 average Permian production of 14.5 mboe/d); Q1 2025 average Permian production of 14.5

Royalty

Oil & Gas 360º

JUNE 27, 2025

“This proposed lease sale demonstrates BOEM’s commitment to advancing American Energy Dominance and fostering the production of affordable, reliable energy resources for the nation.” BOEM estimates the broader Gulf outer continental shelf holds about 48 billion barrels of undiscovered oil and 141 Tcf of natural gas.

Oil

Aresco

JULY 17, 2024

Investing in oil and gas royalties involves purchasing the rights to receive a portion of the revenue generated from the production and sale of oil and gas from a particular property or lease. Passive Income : Oil and gas royalties can provide investors with a source of passive income.

Royalty

Oil & Gas 360º

MAY 30, 2025

We are excited to execute on this unique opportunity that is immediately accretive to our per-share metrics and meets our strict criteria for acquisitions high quality acreage with exploration upside, competitive with our current inventory, gained at an attractive price, continued Yacob. About EOG Resources EOG Resources, Inc.

Exploration and Production

Oil & Gas 360º

MARCH 10, 2025

.” Strategic Rationale Solidified Position Within the Large-Cap Universe: The combined company will have an enterprise value of $15 billion 1 and 370,000 boe/d 2 (63% liquids) of corporate production with significant overlap across both unconventional and conventional assets. million acres in Alberta.

Exploration and Production

Reporting Oil and Gas

NOVEMBER 26, 2023

Mahamudu Bawumia for the successful implementation of the Gold for Oil Policy, hailing it as a pivotal strategy that stabilized the local currency and alleviated fuel costs. The government’s investment in exploring green minerals like graphite, manganese, and bauxite was also emphasized to support the green energy transition.

Crude Oil

Iraq Business News: Oil & Gas

APRIL 2, 2025

requires companies listed on a stock exchange in the UK and operating in the extractive industry to publicly disclose payments to governments in the countries where they undertake exploration, prospection, discovery, development and extraction of minerals, oil, natural gas deposits or other materials.

Royalty

Aresco

FEBRUARY 14, 2024

For oil and gas, the percentage depletion rate is set at 15% of the gross income from the property, subject to certain limitations and qualifications. This includes expenses related to exploration, development, and extraction. Oil and gas tax deductions 2023 did not change significantly from oil and gas tax deductions 2022.

Gas

Drillers

MARCH 24, 2020

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?

Oil