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(Oil & Gas 360) – CALGARY, AB , June 23, 2025 /CNW/ – Entropy Inc. (“Entropy”), a subsidiary of Advantage Energy Ltd. (“Advantage”), has entered into a definitive agreement to purchase an interest in three carbon hubs from a Canadian oil and natural gas producer for $20 million and contingent payments of (..)
Even though ecology is a key economic and social theme, it was most definitely side-lined during the Polish parliamentary elections of 15 October 2023.
The Louisiana Legislature’s 2023 Regular Session begins on April 10th, and last Friday, Louisiana Senator Allain of District 21 filed SB 154 proposing to enact a statutory framework directly governing the rights and obligations of parties to renewable energy leases.
We heard that a lot of folks are struggling with AI governance. So we introduced a new AI governance solution this year that enables customers to adopt best practices from frameworks like the National Institute of Standards and Technology’s AI Risk Management Framework. But there are certainly new AI risks on the technical front.
Unless otherwise defined, definitions contained in this Announcement have the same meaning as set out in the Fundraising Announcement. No public offering of securities is being made in the United States.
Concurrently the Southern Energy partners penned definitive agreements for the 20-year charter of MKII FLNG, which is being converted in China. The floating LNG facility, fully acquired by Golar last year, will be chartered to the project consortium, Southern Energy SA (SESA), under a contract that is expected to start up 2027.
” Thus, you might assume that all donnybrooks are crude, but there are also multiple definitions for “crude.” state governments are in a major donnybrook over. If you look up the last word in the title of this post in merriam-webster.com. it says: “Free-for-all, brawl.”
Seeing how 73% of Australia’s energy is produced by coal, the potential to changing the energy production process is definitely doable. With such positive numbers, the government has also committed to the upcoming change. The options range from solar farms, hydro-electric stations, and/or wind farms.
ESG in Manufacturing Summit is the definitive event catering to ESG and Sustainability leaders in the Manufacturing industry - it is a conference not to be missed!
The Integrity Council for the Voluntary Carbon Market (IC-VCM) is an independent governance body for the voluntary carbon market. The IC-VCM will set and enforce definitive global threshold standards, drawing on the best science and expertise available, so high-quality carbon credits efficiently.
announced a definitive agreement to acquire substantially all of Plains All American Pipeline’s Canadian natural gas liquids (NGL) business, along with select U.S. Keyera Corp. assets, for a total cash consideration of C$5.15 billion (US$3.76
Petrobras Dividends The decision not to pay dividends as expected by the market shows once again how companies controlled by the Btazilian Government have a very poor management. Predictability and security for investors are definitely not characteristics of the Government or even the Brazilian State.
Government Assistance. If you’re still feeling a little anxious about the cost of solar panels and wondering how you’re going to afford them, keep in mind that government assistance programs exist to help you out. There are also charities out there designed to help offset the cost of solar energy for low-income individuals.
In May 2025, Swedish private equity firm EQT AB (STO: EQT) entered into a definitive agreement to acquire a 54.1% In addition to aligning with EQT’s environmental, social and governance (ESG) investment strategy, the deal provides financial advantages. By supporting Waga’s continued international growth — particularly in the U.S.
Organizations that win will pair a clear strategy with tight feedback loops and disciplined governance, using agents to rethink how decisions are made and how work gets doneâand turning novelty into measurable value. It will be human: earning trust to drive adoption and establishing the proper governance protocols.
The increasingly fine-grained view into decarbonization allows companies or governments to identify potentially easy-to-adopt wins and even money-saving opportunities that can add up. Over the past few years, NBS have been increasingly incorporated into policy frameworks and financial mechanisms.
Today, we continue the series with a brief review of the SEC rules which govern public oil and gas company filings. However, the SEC did not issue its first rules specific to Petroleum definitions until 1978 and continued to expand these definitions until 1982.Before
Other companies may use different definitions of Adjusted Free Cash Flow. PV-10 is a non-GAAP financial measure that differs from a financial measure under GAAP known as standardized measure of discounted future net cash flows in that PV-10 is calculated without including future income taxes.
Securities and Exchange Commission adopted final rules that amend the definitions of “accredited investor” and “qualified institutional buyer” which are central to classifying investors that may participate in private offerings and investments under federal securities laws. Yesterday the U.S.
Specifically, Section 3544 of the Act expands the definition of “Qualified Agreement Vessels” to include all vessels engaged in the foreign or domestic trade of the United States. Several years ago, the definition of Qualified Agreement Vessels was expanded to include the short sea transportation trade.
The ANPRM seeks to better develop these definitions for the final regulations. The ANPRM seeks comments on how “other similar entities” should be interpreted and which qualifications should factor into the definition. The CTA contains many enumerated exceptions.
A “ministerial duty” is one in which the public officer has no discretion, which the Court also described as “a simple, definite duty, arising under conditions admitted or proved to exist, and imposed by law.” If a public officer has any element of discretion, “mandamus will not lie.”
The cooperation agreement defines the process for Alaska LNG and PTT to move toward definitive agreements for partnership on Alaska LNG, including long-term liquefied natural gas (LNG) offtake.
The ANPRM seeks comment on five groups of questions: Definitions (questions #1-9). The ANPRM seeks to better develop these definitions for the final regulations. The ANPRM seeks comments on how “other similar entities” should be interpreted and which qualifications should factor into the definition.
The bill ties the definition of “foreign adversaries” to 15 CFR 7.4(a), However, HB 537 provides an exception for those “adversary” entities who have already been conducting oil and gas operations in the state. HB 537 applies to property acquired by a “foreign adversary or person connected with a foreign adversary” on or after August 1, 2023.
Lenders who take security interests in securities accounts are familiar with the rules of Articles 8 and 9 of the Uniform Commercial Code that identify the governing jurisdiction for these transactions. state’s law governs perfection and priority of securities that are held in a securities account.
By granting the petition, the Supreme Court has agreed to review the Fourth Circuit Court of Appeals’ decision remanding the suit to state court after rejecting the energy companies’ contention that they were acting as federal officers pursuant to historical contracts with the federal government.
The preliminary definition of a “reporting company” includes corporations, limited liability companies, and other similar entities that are created by filing a document with the secretary of state (or an equivalent office) of any state, or are formed under foreign law and are registered to do business in the United States in a like manner.
The Texas Business Courts will potentially impact a wide range of cases, from high-value contract disputes to intricate corporate governance issues. Their limited jurisdiction, set forth in Texas Government Code Sec. For in-house counsel in the oil and gas industry, this development warrants close attention and careful consideration.
Questions about Ownership and More Who owns the CO 2 , what happens to the remaining oil when that CO 2 is injected into partially depleted oil formations, and how long will there be government money to pay for it? With recent elections putting an oil-and-gas-friendly government in place, this change could be sooner than later, he said.
Act of a third party (must be the sole cause) Government negligence (must be the sole cause) Responsible Party Denied Use of Defenses Responsible Party loses defense if he fails to: 1. The BUNKER Convention uses a wider definition of oil than the CLC, and employs its own insurance and limitation of liability schemes.
EOG ) today announced a definitive agreement with Canada Pension Plan Investment Board (CPP) and Encino Energy under which EOG will acquire Encino Acquisition Partners (EAP or Encino) for $5.6 Register to attend. HOUSTON, May 30, 2025 /PRNewswire/ EOG Resources, Inc. ( billion, inclusive of EAPs net debt.
The DOI’s Bureau of Safety and Environmental Enforcement (“BSEE”) is slated to make further revisions to its decommissioning regulations, following other decommissioning amendments made last year as previously reported on The Energy Law Blog. BSEE’s 2024 decommissioning rule would update 30 C.F.R.
By granting the petition, the Supreme Court has agreed to review the Fourth Circuit Court of Appeals’ decision remanding the suit to state court after rejecting the energy companies’ contention that they were acting as federal officers pursuant to historical contracts with the federal government.
Field Rule 2 for the Allison-Britt Field provided that, for purposes of a production allowable assignment, the maximum area of a “prescribed proration unit” was 320 acres, and that any unit containing less than 320 acres was, by definition, a “fractional proration unit.” In XOG Operating, LLC v.
The preliminary definition of a “reporting company” includes corporations, limited liability companies, and other similar entities that are created by filing a document with the secretary of state (or an equivalent office) of any state, or are formed under foreign law and are registered to do business in the United States in a like manner.
They contended that this language implied a fixed royalty interest, as any amount above 1/8 would constitute a bonus under the historical definition. Second, the appellants pointed to the deed’s nonparticipation clause, which stated that the reserved royalty would not participate in bonuses or rentals.
Take a look at how corporations, society, and governments are accounted for their emissions. Coming years will be a big test for our generation (society, governments, and businesses) if we can bear the weight of responsibility and cooperate on a global level to stop global warming.
Which means that if you can produce potash locallywhich by definition means MUCH LOWER transport costswell, you should make A LOT of money. Brazilian government data (SECEX) from January 16, 2024, shows that Brazil exported about $166.6 There is also a 2% royalty that will be paid to the Brazilian government.
Though EOs have until May 15, 2019 to file their 2018 returns and remit any taxes owed to the federal government, there is a time-limited opportunity for some EOs to change their parking policy prior to March 31, 2019 and minimize the amount of parking tax owed.
The Fifth Circuit agreed with the lower court that state statutes and case law characterize SRA-L as an arm of the state; but caveated that the factor was restricted and “given the inconsistent descriptions in the same statutes and the lack of a more-definite characterization in either statute or case law.” [7]
Also included is a joint operating agreement (“JOA”) to govern the drilling and operation of additional development wells in a formation once a working interest in that formation has been earned in accordance with the provisions of the EJDA.
Using configurable, off-the-shelf plug-ins for common subsurface applications, we can blend, master, compare, prioritize, govern, move, expose, and improve the quality of data with support for common geo data types, such as well headers, directional surveys, formation tops, logs, geochemical analysis, and more.
The companies have entered into a definitive business combination agreement (the “Agreement”) to combine in an all-share transaction valued at approximately $15 billion , inclusive of net debt 1. Under the terms of the Agreement, Veren shareholders will receive 1.05 common shares of Whitecap for each Veren common share held.
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