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Industry Bodies Look at Texas Upstream Employment in May

Rigzone

TXOGA noted in its statement that the upstream sector involves oil and natural gas extraction and excludes other industry sectors such as refining, petrochemicals, fuels wholesaling, oilfield equipment manufacturing, pipelines, and gas utilities. It was founded in 1919.

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Supreme Court Denies Relief to Oil Companies

The Energy Law

In BHP America Petroleum Co. Burton , 549 U.S. — (2006), the Supreme Court resolved a legal issue that has been at the center of federal royalty litigation for twenty years: viz. founded upon any contract,” applies to administrative royalty payment orders issued by the Minerals Management Service (MMS). . whether 28 U.S.C.

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Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Oil & Gas 360º

HRT is directly connected to the Hardisty Diluent Recovery Unit, an innovative facility which separates diluent from raw bitumen prior to rail transportation, allowing for a competitive netback for upstream producers versus pipeline alternatives. McDaniel & Associates Consultants Ltd.,

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Nigeria Oil Industry Overview

Drillers

Pipeline vandalism, militant attacks on infrastructure, protests and lawsuits are among the issues that have plagued Nigerias oil industry for years. Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country.

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Valor | Energy Connection – Feb. 24, 2025

Valor

Read more 25% royalty rate cap on prime oil and gas land heads to the House Summary : The New Mexico Senate passed Senate Bill 23 in a 21-15 vote, advancing legislation to raise the maximum royalty rate on prime oil and gas land in the Permian Basin from 20% to 25%. Total petroleum inventories increased by 0.2 energy exports.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

and/or Canadian governments increases the rate or scope of the tariffs effected on March 4, 2025 , and were subsequently paused on March 6, 2025 , if they come into effect in the future, or imposes new tariffs on the import of goods from one country to the other, including on oil and natural gas, (ii) the U.S.

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OPEC+ and the Trump Presidency: The Bull Turns Bearish

Enverus

The administrative maneuvers, including mixed signals about the now-shelved Keystone XL pipeline project, undermine business investment and exacerbate global economic instability. “For each dollar that WTI fluctuates, Albertas royalty revenues vary by approximately $750 million. Shale: Plateauing Growth and Higher Costs U.S.

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