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Porter to Target Big Oil as House Natural Resources Chair

2021-03-04 15:59:49| OGI

Congresswoman wants to increase royalty rate to 18.75%, and minimum lease auction bids to $5 per acre.

Tags: house big resources natural

 

Nigeria Negotiates Terms with Big Oil to Keep Investments

2021-02-05 14:52:40| OGI

New commercial terms are being negotiated and could be finalized before a pending oil overhaul bill is passed, said Mele Kyari, group managing director of the Nigerian National Petroleum Corp.

Tags: terms big oil investments

 
 

Big US Oil Drillers Have Federal Permits to Mute Effect of Any Biden Ban

2021-01-21 15:50:18| OGI

The seven companies that control half the federal supply onshore in the Lower 48 states have leases and permits in hand that could last years.

Tags: big effect federal oil

 

Big Carbon? Oil Majors Turn to Nature to Help Plug Revenue Gap

2020-12-08 15:52:17| OGI

Climate change goals have fueled a new market for carbon offsets.

Tags: big turn nature oil

 

Big Oil Shares Capitulate to COVID, Lower Carbon Doubts

2020-10-02 15:28:37| OGI

Oil companies are squeezed by a steep drop in oil prices due to the COVID-19 pandemic combined with growing investor pressure to align their businesses with the 2015 Paris agreement to limit global warming.

Tags: big lower oil shares

 

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