1,645 results on '"PETROLEUM law & legislation"'
Search Results
2. FUNDAMENTALS OF OIL AND GAS ROYALTY CALCULATION.
- Author
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KEELING, BYRON C.
- Subjects
- *
OIL & gas leases , *ROYALTIES (Patents) , *CONTRACTS , *PETROLEUM law & legislation - Abstract
The article explains the calculation of oil and gas royalties in Texas. It discusses the elements of an oil and gas lease, including the royalty clause of the contract. It describes the different types of royalty clauses, as well as factors that may complicate royalty disputes. It also compares the calculation of royalty payments in Texas and in other states.
- Published
- 2023
3. A GIANT OF THE FIELD: TRIBUTE TO PROFESSOR JOHN S. LOWE.
- Author
-
Ehrman, Monika U.
- Subjects
LAW teachers ,NATURAL gas laws ,PETROLEUM law & legislation - Abstract
The author highlights the achievements of law professor John S. Lowe, particularly his knowledge on gas and oil laws.
- Published
- 2023
- Full Text
- View/download PDF
4. PROFESSOR JOHN S. LOWE: A MASTER TEACHER WHO NEVER DOUBTED THE CONFIDENCE OF HIS CONVICTIONS EVEN WHEN HE WAS WRONG!
- Author
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Anderson, Owen L.
- Subjects
LAW teachers ,NATURAL gas laws ,PETROLEUM law & legislation - Abstract
The author shares how he became friends with Professor John S. Lowe, along with their international travels as lecturers, and commends Lowe for his teachings and expertise on oil and gas law.
- Published
- 2023
- Full Text
- View/download PDF
5. Fracking Disclosure, Collateral Value, and the Mortgage Market.
- Author
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Sinha, Kirti
- Subjects
HYDRAULIC fracturing ,DISCLOSURE laws ,COLLATERAL security ,MORTGAGE banks ,CHEMICALS ,PETROLEUM law & legislation ,GAS industry laws ,HOUSING ,VALUATION of real property - Abstract
This paper examines whether laws requiring oil and gas firms to disclose the chemicals used in their fracking operations affect the mortgage lending activity for properties located in nearby areas. I hypothesize and find that the disclosure mandate reduces uncertainty about the value of housing collateral and subsequently increases (1) the probability of obtaining a mortgage by 2.5 percentage points (pp), and (2) loan-to-value by 2.2 pp. My main analyses exploit the variation in the location of properties relative to fracking wells. Cross-sectional tests that exploit heterogeneity in drinking water sources and the content of firm disclosures further substantiate my inferences and mitigate endogeneity concerns. These findings suggest that disclosure regulation for oil and gas firms affects housing collateral values, thereby impacting the mortgage market. JEL Classifications: G14; G21; G32; G38; K22; L71; M41; M48. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
6. 'Just Transition' the focus at 4th UWI Oil and Gas Law Conference.
- Subjects
CONFERENCES & conventions ,PETROLEUM law & legislation - Published
- 2024
7. 1960'LAR TÜRKİYE'SİNDE PETROL POLİTİKASINA İLİŞKİN TARTIŞMALAR.
- Author
-
Duman, Doğan and Kaya, Asil
- Subjects
PETROLEUM prospecting ,PETROLEUM law & legislation ,BUSINESSPEOPLE - Abstract
Copyright of History Studies (13094688) is the property of History Studies and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2022
- Full Text
- View/download PDF
8. ENERGY AND UTILITIES - OIL AND GAS: INTERPRETING LIEN RIGHTS ALLOWED TO OIL & GAS EMPLOYEES.
- Author
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Sauber-Christopherson, Krista
- Subjects
- *
PETROLEUM law & legislation , *PETROLEUM pipeline design & construction , *OIL fields , *LABOR laws - Abstract
In North Dakota, oil and gas is an important industry and with that importance comes meaningful legal issues. In Oil & Gas Transfer L. L. C. v. Karr, the Eighth Circuit Court of Appeals analyzed an issue never heard be - fore in North Dakota: whether an employee of an oil and gas company is entitled to a lien under North Dakota Century Code section 35-24-04. Oil & Gas Transfer L.L.C. ("OGT") is an oilfield construction company. OGT hired John Karr ("Karr") to manage and expand its business in North Dakota. Karr left OGT and claimed the company owed him $1,304,026.42. OGT was insolvent at the time, so Karr filed a pipeline construction lien statement under North Dakota Century Code section 35-24-04. The issues before the court were (1) whether Karr was considered an employee ofOGT and (2) if he was considered an employee, whether he was entitled to a lien under North Dakota Century Code section 35-24-04. The novel issue before the court was if someone is considered an employee of an oil and gas company, are they entitled to a lien under section 35-24-04, because the statute explicitly gives independent contractors the right to a lien. The court held that an employee is not entitled to a lien under North Dakota Century Code section 35-24-04. As a case of first impression, the holding provides North Dakota practitioners with direction on how to handle pipeline construction liens when the party filing for the lien is an employee. [ABSTRACT FROM AUTHOR]
- Published
- 2021
9. Priority Disputes Between Holders of Old Order Mineral Rights and Holders of Prospecting Rights or Mining Rights Under the MPRDA in South Africa: Aquila has Landed (Continued).
- Author
-
Badenhorst, Pieter J.
- Subjects
MINERAL rights ,PROSPECTING ,MINING law ,PETROLEUM law & legislation ,CIVIL law ,PUBLIC law - Abstract
As part of the radical transformation of the mineral regime of South Africa, the African National Congress government introduced the Mineral and Petroleum Resources Development Act 28 of 2002 ("MPRDA") on May 1, 2004. In a previous contribution, the transitional provisions of the MPRDA were discussed within the context of the rights of holders of old order rights ("OORs") to convert their transitional rights to, or to apply for, new prospecting rights or mining rights under the MPRDA during different periods of transition. It was shown that due to poor administration by the state, as custodian of the mineral resources of South Africa, in post-apartheid South Africa, competing rights were granted to land that was subject to transitional rights. Also indicated was how priority rules have evolved to deal with competing prospecting or mining rights and transitional rights. In the category of priority disputes between holders of so-called unused old order rights ("UOORs") and holders of prospecting or mining rights, the Supreme Court of Appeal set out the applicable priority rule in Pan African Mineral Dev. Co. v. Aquila Steel Ltd. 2017 (5) SA 124 (SCA) (S. Afr.) (discussed in the previous contribution). However, in the decision of Aquila Steel Ltd v. Minister of Mineral Resources 2018 (3) SA 621 (CC) (S. Afr.), the priority rule received the attention of the Constitutional Court of South Africa ("CC"). This Article examines the CC's interpretation and application of the said priority rule. It also deals with the substitution of the Minister's decision with an order granting an application for a mining right to an applicant who applied without notice (of prior rights) for prospecting and mining rights that were inconsistent with the rights of the holder of the UOORs. The nature of rights that are created under the MPRDA are examined with reference to the different legal acts that take place during applications for and granting of rights. The Article advocates for a private law approach to determine the nature of these rights. The problems associated with the public law style state custodian construction of the MPRDA are again discussed and highlighted with reference to the facts of the Aquila Steel decision. [ABSTRACT FROM AUTHOR]
- Published
- 2021
10. The UWI Calendar of Events | June-July 2024.
- Subjects
PETROLEUM law & legislation ,ARTIFICIAL intelligence ,GRADUATE education - Published
- 2024
11. NEGATIVE-VALUE PROPERTY.
- Author
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HUBER, BRUCE R.
- Subjects
ENVIRONMENTAL law ,ENVIRONMENTAL protection ,PROPERTY ,REAL property ,PETROLEUM law & legislation - Abstract
Ownership is commonly regarded as a powerful tool for environmental protection and an essential solution to the tragedy of the commons. But conventional property analysis downplays the possibility of negative-value property, a category which includes contaminated, depleted, or derelict sites. Owners have little incentive to retain or restore negative-value property and much incentive to alienate it. Although the law formally prohibits the abandonment of real property, avenues remain by which owners may functionally abandon negative-value property, as demonstrated recently by busts in certain coal and oil & gas markets. When negative-value property is abandoned, whether formally or functionally, the rehabilitation of such property typically requires public expenditure--an externality which cuts against property's general and salutary tendency to internalize spillovers at a low social cost. The existence of negative-value property, as well as its increasing abundance, reveals an underdeveloped aspect of property theory and a pressing need to fortify legal mechanisms that prevent abandonment and enforce owners' financial responsibility for severely degraded property. [ABSTRACT FROM AUTHOR]
- Published
- 2021
12. TURN AROUND, DON'T DROWN: A NEW GENERATION OF OIL AND GAS LEASE "WASHOUTS" IN TEXAS AND HOW TO AVOID THEM.
- Author
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Durrett, Brandon
- Subjects
OIL & gas leases ,PETROLEUM law & legislation - Published
- 2021
13. PORE SPACE PROPERTY.
- Author
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Schremmer, Joseph A.
- Subjects
- *
NATURAL resource laws , *PROPERTY rights , *UNDERGROUND reservoirs , *NATURAL gas laws , *PETROLEUM law & legislation , *CLIMATE change mitigation - Abstract
Through modern technology we can use the void pore space of underground rock formations for a growing number of socially beneficial purposes. These run the gamut from unconventional oil and gas production to climate change mitigation. The common law of property and tort, however, has struggled to keep up with advancing technology in this area. Significant questions remain about the nature of property rights in pore space. Of particular interest are the limits, if any, on an owner's right to use pore space for beneficial purposes when it extends beneath the land of another. For example, may A hydraulically fracture an oil well on her property if the fractures extend beneath B's land? May C store anthropogenic carbon dioxide for climate change mitigation in a common reservoir that extends beneath the land of d, E, F, and G if they do not consent? If so, what, if any, compensation does C owe to the others? These and similar scenarios pose urgent questions for a wide range of landowners, industries, environmental interests, courts, and policymakers across the nation. This Article searches for answers to these pressing questions in the doctrinal histories of similar common pool natural resources. The Article reviews the development of common law rights in water and oil and gas to synthesize lessons for shaping the content and limits of rights in pore space. Then, applying these lessons to the current state of pore space rights, the Article explains that rights in pore space are established by a default rule of prior use and are absolute, subject to little, if any, limitation. As demand for the resource continues to grow, however, owners, and, ultimately, courts will likely search for ways to limit the absolute extent of pore space rights to avoid a tragedy of the pore space commons. In searching for doctrinal mechanisms to make pore space rights limited, or correlative, the Article predicts that courts will be tempted to choose between establishing limits by strict, formalist rides of proportionality (which favor certainty), on the one hand, and instrumentalist, utilitarian standards of reasonable use (which favor development of the resource), on the other. This Article identifies an underexplored doctrine from oil and gas law that would define the limits of pore space rights without resort to purely instrumentalist or formalist doctrines. The "fair-opportunity doctrine " articulated here would permit an owner to use any quantity of pore space anywhere in a common reservoir, so long as it does not interfere with the lawful existing operations of other owners or deprive other owners of a fair opportunity to either participate in the proposed operations or conduct like operations from their respective land. [ABSTRACT FROM AUTHOR]
- Published
- 2021
14. Demokrat Parti Dönemi’nde Devletçilikten Kopuş Bağlamında Petrol Kanunu ve Amerika’nın Etkisi.
- Author
-
Kaya, Asil
- Subjects
PETROLEUM law & legislation ,CONCESSIONS (Administrative law) - Abstract
Copyright of History Studies (13094688) is the property of History Studies and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2020
- Full Text
- View/download PDF
15. Addressing Residual Liability and Insolvency in Disused Oil and Gas Infrastructure Left in Place: The Cases of Brazil, Nigeria, and Trinidad and Tobago.
- Author
-
Pereira, Eduardo G., Taiwo, Tolulope O., and Ole, Ngozi Chinwa
- Subjects
INFRASTRUCTURE (Economics) ,COVID-19 pandemic ,PETROLEUM law & legislation ,PRODUCTION sharing contracts (Oil & gas) ,BANKRUPTCY - Abstract
This article analyses the decommissioning framework for oil and gas infrastructures in Brazil, Nigeria, and Trinidad and Tobago. It examines whether the existing provisions in each country are able to guarantee that the government and, by extension taxpayers, do not bear the costs of decommissioning and, the consequences of insolvency on residual liabilities. An additional motivation for this examination is the ongoing Coronavirus Disease 2019 (COVID-19), a pandemic with significant adverse impacts on the oil and gas industry. A likely consequence of the economic devastation from this is the insolvency of any party with decommissioning obligations. The article argues that the provisions of the Brazil petroleum legislation on the reversion of abandoned installations to the government could imply that taxpayers have to bear the residual liabilities without any compensation from the concerned concessionaires or contractors. It also argues that the provisions of the Petroleum Law to the effect that 'the reversion of facilities does not entail any expense whatsoever for the Brazilian government 'does not certainly translate to pecuniary compensation to the latter for assuming the future residual liabilities from abandoned installations. The Nigerian and the Trinidad &Tobago Decommissioning Framework also suffer the latter risk of the government bearing the residual liabilities for such disused installations. In Nigeria, the framework is silent on who bears the residual liabilities for disused installations. However, it is argued that the provisions of the Production Sharing Contracts on the transfer of ownership to the Nigerian government implies that they would have to bear eventual liabilities for such disused installations. Even in cases where the licensee or contractor may bear the burden of residual liabilities, the problem of future insolvency and cessation of such companies may entail that taxpayers bear the burden of residual liabilities. The article concludes with key recommendations on how to address the identified gaps using lessons from best practices such as United Kingdom, Norway and United States of America. One of such proposals is on the allocation of liability where there is a transfer of interest. Another is for joint and several or at least secondary liability of responsible parties even after decommissioning activities are over; a recommended provision to this effect is also provided. The third recommendation is on how timeconstrained residual liability can be used alongside lump sum payments to limit the State's financial exposure for decommissioning costs. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
16. An Oily Entente: France, Britain, and the Mosul Question, 1916-1925.
- Author
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Conlin, Jonathan
- Subjects
- *
PETROLEUM industry , *ENERGY security , *PETROLEUM law & legislation , *WORLD War I ,FRANCE-Great Britain relations - Abstract
The First World War saw the emergence of a 'politics of oil'/politique de pétrole centred on energy security. On both sides of the Channel, ministers toyed with different ways of achieving national 'control' of oil, some étatiste, others laissez-faire. With the defeat of the Ottoman Empire, Mesopotamian oil awaited allocation. Considering how little it contributed to the war in the Middle East, France did well out of this allocation. British concessions constituted an oily entente, more striking as Anglo-French relations deteriorated in the early 1920s. In seeking to explain this entente, inter-oil company as well as international relations need consideration. Oil companies used lobbying, the media, and mercantilist rhetoric to shape apparently 'national' oil policies in their own interests. The oily entente served the interest of an emerging world cartel more than it did British or French energy security. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
17. A History of Oil Spills on Long-Distance Pipelines in Canada.
- Author
-
Kheraj, Sean
- Subjects
- *
OIL spills , *PETROLEUM pipelines , *OIL wells , *PETROLEUM law & legislation , *CANADIAN history - Abstract
Leaks and spills have been endemic on long-distance oil pipelines in Canada since the mid-twentieth century. Evidence from the National Energy Board (neb) pipeline incident reports reveals a track record of thousands of spills totalling millions of litres of oil across the country. What causes onshore oil spills? Why do they occur? Where have they occurred? What have been the environmental consequences of these incidents? This article explores the history of onshore oil spills on federally regulated long-distance pipelines since the mid-twentieth century. It argues that oil pipeline spills are an endemic characteristic of complex enviro-technical systems built primarily for economic efficiency rather than environmental protection. Based on the analysis of incident reports submitted to the neb, the article finds that, while frequent, onshore oil spills in Canada have been variable in scale and have had a wide range of potential adverse environmental effects, depending on location, product type, and volume. The causes of such spills have also been variable, conforming to no obvious pattern over time. Instead, oil pipeline spills have occurred most often in an unpredictable fashion, posing great challenges for policy development. These spills have also represented a proportionally small fraction of the total oil delivered on Canada's long-distance pipelines, but, in absolute terms, this has meant the uncontrolled release of many millions of litres of oil into the environment. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
18. COMPARATIVE RISK ASSESSMENT OF NATURAL GAS UTILIZATION PROJECTS UNDER PETROLEUM PROFIT ACT AND PETROLEUM INDUSTRY BILL 2018.
- Author
-
Gbakon, Kaase, Iledare, Omowumi, and Fubara, Susan
- Subjects
PETROLEUM law & legislation ,RISK assessment ,GAS prices ,COST recovery method - Published
- 2019
19. BMI Research: United States Petrochemicals Report.
- Subjects
PETROLEUM industry ,PETROLEUM chemicals industry ,PETROLEUM law & legislation ,FORECASTING - Abstract
An industry report for the petrochemical industry in U.S. is presented from publisher U.S. Petrochemicals Report, with topics including market value, regulatory development, and business forecasts for the industry.
- Published
- 2018
20. A TRIBUTE FOR PROFESSOR LOWE.
- Author
-
Coleman, James W.
- Subjects
LAW teachers ,NATURAL gas laws ,PETROLEUM law & legislation - Abstract
The author shares his personal relationship with law professor John S. Lowe, and commends Lowe for his expertise on gas and oil law.
- Published
- 2023
- Full Text
- View/download PDF
21. ODE TO JOHN LOWE.
- Author
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Nadorff, Norman
- Subjects
LAW teachers ,NATURAL gas laws ,PETROLEUM law & legislation - Abstract
The author shares his personal relationship with law professor John S. Lowe, highlighting how he came to know more about gas and oil laws because of Lowe.
- Published
- 2023
- Full Text
- View/download PDF
22. The Illinois Oil and Gas Act.
- Subjects
PETROLEUM law & legislation ,NATURAL gas laws ,UNDERGROUND storage of natural gas ,ADMINISTRATIVE procedure ,GOVERNMENT agency rules & practices ,LEGISLATIVE amendments - Abstract
The article focuses on a notice of adopted amendments issued by Illinois' Department of Natural Resource regarding Illinois Oil and Gas Act. It mentions statutory authority for implementing the Illinois Oil and Gas Act, Illinois Underground Gas Storage Safety Act and the Illinois Administrative Procedure Act. It also mentions rulemaking for emergency abatement order requiring the abatement of a violation.
- Published
- 2019
23. Muted market signals: politics, petroleum investments and regulatory developments in Tanzania.
- Author
-
Hundsbæk Pedersen, Rasmus and Bofin, Peter
- Subjects
PETROLEUM industry & politics ,CONTRACTS ,PETROLEUM law & legislation ,PETROLEUM sales & prices - Abstract
This article contributes to an emergent literature identifying expectations and domestic politics as the drivers of change in Africa's 'new oil'-producing countries. Whereas much attention has been paid to weak institutions as an explanation for the resource curse that has marred Africa's petroleum economies, the article points to the interplay between oil markets and domestic politics that is still under-researched. Based on empirical research into contractual and regulatory changes in mainland Tanzania, the article provides an overview of the development of the country's petroleum sector and argues that for a new oil country it is a constant struggle to keep abreast of market signals. Changes to contractual and regulatory regimes therefore tend to come rather late in the price cycle, both when high global oil prices allow for tougher fiscal terms and when falling prices call for downward adjustments. This was the case historically and is no less the case in today's resource nationalist environment, in which terms have been toughened despite falling global oil prices. Driven by electoral politics, decision-making has been politicized to such extent that exploration activities have come to an almost complete halt and no new contracts are being signed. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
24. A Resilient Approach to the Safety Management of Ageing and Obsolescence in Oil and Chemical Industries.
- Author
-
Bragatto, Paolo and Milazzo, Maria Francesca
- Subjects
INDUSTRIAL safety ,AGING ,CHEMICAL industry ,PETROLEUM law & legislation ,DYNAMIC models - Abstract
Oil and chemical industries are subject to very strict legislations throughout Europe, in particular about the control of major accident hazards (Seveso Directive) and the integrated prevention and reduction of pollution (IPPC Directive). Further restrictions come from the legislation about the safety of chemicals as well as from that concerning occupational safety and health. Ageing of plants and equipment, due to corrosion and other phenomena, is currently a problem recognised by the Seveso Competent Authorities, as well Natural Technological (NaTech) risk and cybersecurity. This paper focuses on further critical issues emerging in Seveso industries. Equipment ageing produces also long-term environmental effects, which should concern also IPPC regulations. Another problem is obsolescence. The regulatory framework that guides chemical and oil industries is becoming tighter, hence establishments that are still in good condition could become unusable because the operator did not make in advance adequate changes to face the new context. Ageing of staff and organization is a further emerging issue. Market is becoming more and more competitive and financial context in many industries is becoming difficult. This paper outlines a few practical solutions, to face adequately these emerging critical issues by using a dynamic model for risk management. A case-study, which is a chemical coastal depot, is presented to understand the effects of new threats on safety in a very specific sector. The benefits of a dynamic risk assessment and management are discussed in the detail. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
25. Gross Split: A New Contracting System in the Indonesian Oil-and-Gas Sector.
- Author
-
Manohara, Brigita P. and Hayati, Tri
- Subjects
- *
PRODUCTION sharing contracts (Oil & gas) , *PETROLEUM industry , *CONTRACTS , *PETROLEUM law & legislation , *CONSTITUTIONS , *NATURAL resource laws - Abstract
The article explores the development of the gross split system of oil-and-gas contracts in Indonesia. Topics covered include analysis of laws and regulations using doctrinal approach, the right of state control over natural resources and its correlation with the gross split concept and with Article 33 of the Indonesian Constitution, nature and requirements of the gross split contract.
- Published
- 2019
- Full Text
- View/download PDF
26. How should unconventional oil and gas be regulated? The role of natural resource dependence and economic insecurity.
- Author
-
Mayer, Adam and Malin, Stephanie
- Subjects
PETROLEUM law & legislation ,GAS industry laws ,GOVERNMENT regulation ,GOVERNMENT revenue ,OIL well drilling - Abstract
Abstract The U.S. is undergoing a rapid energy transition, driven in large part an explosion in oil and gas production driven by unconventional drilling technologies. Some communities have embraced the boom in new oil and gas production, often resisting efforts to regulate the oil and gas industry. On the other hand, some states and municipalities have effectively banned new oil and gas drilling. In this paper, we examine how natural resource dependence, local economic conditions, and perceived economic benefits relate to support for restrictive oil and gas regulations in Colorado, US. Using representative survey data, our results suggest that perceived benefits, especially in the form of tax revenue, predict oil and gas policy preferences, while local and personal economic circumstances have little impact. Highlights • Communities around the world host oil and gas development. • Natural resource dependent communities often resist efforts to regulate the oil and gas industry. • Our results suggest that economic conditions do not explain all oil and gas regulatory preferences. • Residents who perceive significant economic benefits still support some modest regulations. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
27. 9 Appendix.
- Author
-
Witte, Annika
- Subjects
HISTORY of the petroleum industry ,PETROLEUM law & legislation ,CIVIL war ,CHIEF executive officers - Abstract
A chart on the history of petroleum in Uganda is presented including the passing of the petroleum act, end of the civil war, and formation of the Civil Society Coalition on Oil and Gas. It presents a transcript of the documentary film "Blessing or Curse?". It also mentions a list for acronyms related to the petroleum industry including American Petroleum Institute, Chief Executive Officer, and Civil Society Organization.
- Published
- 2018
28. RUINING POOL PARTIES: DO DISCLAIMERS OF CROSS-CONVEYANCE OF INTERESTS IN AN OIL & GAS LEASE'S POOLING PROVISION RENDER A POOLED UNIT INVALID PER SE?
- Author
-
Blakey, Brittany
- Subjects
OIL & gas leases ,PETROLEUM law & legislation ,ROYALTIES trading ,PANDORA (Greek mythology) - Abstract
According to Greek mythology, the Greek God Zeus gifted Pandora a box and told her that she must never open it.1 Despite this warning, Pandora opened the enigmatic box only to unleash all of the troubles into the world.2 The colloquial phrase "Pandora's Box" refers to anything that appears ordinary but may produce unpredictable or harmful results.3 Unbeknownst to them at the time, parties to an oil and gas royalty dispute opened a Pandora's Box when a mineral lessee perfunctorily alleged that the absence of a cross-conveyance of interest between royalty interest owners partially invalidated a pooled unit.4 In Texas, the "Box" remains open yet still contains the unknown legal impact of leases' express disclaimers of crossconveyances when the lessee pools the lease into a designated unit. [ABSTRACT FROM AUTHOR]
- Published
- 2018
29. Sustainable Development and Corporate Social Responsibility under the 2018 Petroleum Host and Impacted Communities Development Trust Bill: Is Nigeria Rehashing Past Mistakes?
- Author
-
Amodu, Nojeem
- Subjects
SUSTAINABLE development ,PETROLEUM law & legislation ,SOCIAL responsibility of business ,NEGLIGENCE ,COMMUNITY development ,HUMAN rights ,GAS industry - Abstract
The 2018 Petroleum Host and Impacted Communities Development Trust Bill before the Nigerian National Assembly was proposed to foster sustainable development (SD) and embed corporate social responsibility (CSR) in the oil and gas corporate activities within host communities. From the backdrop of SD and CSR as regulatory concepts, this article scrutinizes the Bill for its viability to realize its objectives in its current form. It raises concerns about: (i) perceived negligence by the government to provide social services and public goods, seeming to outsource such responsibilities to the business community; (ii) the reduction of CSR to capital or community development projects; and (iii) the absence of useful delimitation criteria to determine host and impacted communities. The article argues that past mistakes are being rehashed and queries the capacity of the Bill to live up to stakeholders' expectations. Using the normative contributions of global templates such as the United Nations Guiding Principles on Business and Human Rights, the article recommends policy and regulatory changes to the Bill's governance structure towards embedding effective CSR and engendering SD in the Nigerian oil and gas industry. [ABSTRACT FROM AUTHOR]
- Published
- 2018
- Full Text
- View/download PDF
30. Market Exclusion and Dealer Coercion in Sponsored TBA Sales.
- Author
-
Dixon, Donald F.
- Subjects
MARKETING channels ,PETROLEUM industry & economics ,PETROLEUM law & legislation ,ANTITRUST law ,EXCLUSIVE licenses ,LICENSE agreements ,COMMERCIAL law ,TYING arrangements ,RESTRAINT of trade ,ECONOMICS ,LAW - Abstract
A recent series of Supreme Court decisions has assumed the economic power of large oil companies causes dealers to restrict sales to sponsored brands with the result that competitors are denied access to the market. The validity of this assumption is questioned in this note. [ABSTRACT FROM AUTHOR]
- Published
- 1971
- Full Text
- View/download PDF
31. III. REGULATION OF COMPETITION.
- Author
-
Werner, Ray O., Tarpey, Lawrence X., and Howard, Marshall C.
- Subjects
MARKETING laws ,ANTITRUST law ,PRICE maintenance laws ,RESTRAINT of trade ,LOSS leaders ,PRICE regulation ,PETROLEUM law & legislation ,PETROLEUM industry ,GOVERNMENT policy ,UNFAIR competition ,PRICE discrimination ,LAW - Abstract
The article presents legal developments in marketing with particular focus on the regulation of competition. Regarding price discrimination, the case "Bergjans Farm Dairy Co. v. Sanitary Milk Producers" is discussed, involving alleged violations of the Sherman Act and the Robinson-Patman Act. Regarding resale price maintenance, the cases "Joseph J. Broussard v. Socony Mobil Oil Company, Inc.," "Meus LeBlanc v. Continental Oil Company," and "Lee Roy Guidry v. Continental Oil Company," are discussed, in which it was found that a major oil company may not use a short-term service station lease as a coercive device to achieve resale price maintenance. Regarding price control, the Amendments to the Connecticut Unfair Sales Practice Act is discussed.
- Published
- 1966
32. UK Onshore Palaeozoic: This article, from the second of our joint GEO ExPro student competition winners, focuses on overlooked onshore UK prospectivity.
- Author
-
BUTTON, OLIVER
- Subjects
OIL wells ,PETROLEUM prospecting ,PETROLEUM industry ,PETROLEUM law & legislation ,OFFSHORE oil & gas industry ,CONTINENTAL shelf - Abstract
The article looks at the overlooked onshore oil and gas prospectivity in Great Britain. Brief history of the British oil and gas industry is offered. The British onshore oil and gas industry was nationalized following the recommendation of the Petroleum Act of 1934 under geological reasoning. Growth in offshore exploration was observed following the implementation of the UK Continental Shelf Act of 1964.
- Published
- 2021
33. BMI Research: Iraq Oil & Gas Report.
- Subjects
PETROLEUM industry ,PETROLEUM law & legislation ,PETROLEUM industry forecasting - Abstract
An industry report of the oil and gas industry in Iraq is presented from publisher BMI Research, with topics including market forecast like crude oil production, regulations on the industry and industrial growth and power stretch consumption.
- Published
- 2017
34. Effect of various treatments on consolidation of oil sands fluid fine tailings.
- Author
-
Wilson, G. Ward, Kabwe, Louis K., Beier, Nicholas A., and Scott, J. Don
- Subjects
PRODUCTION methods in oil sands ,OIL sand mines & mining ,SHEAR strength ,COMPRESSIBILITY ,PETROLEUM law & legislation - Abstract
Copyright of Canadian Geotechnical Journal is the property of Canadian Science Publishing and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2018
- Full Text
- View/download PDF
35. FOOD, FRACKING, AND FOLLY.
- Author
-
Mortazavi, Melissa
- Subjects
- *
PETROLEUM industry , *GAS industry , *AGRICULTURAL industries , *PETROLEUM law & legislation , *GAS industry laws , *AGRICULTURAL industry laws - Abstract
Few industries in the United States carry the clout and capital of the oil and gas and agricultural sectors. Economic behemoths, their booms and busts shape the destinies of states, define national policy, and secure the life or death of small towns across the United States. Like it or not, the agriculture and oil and gas industries have strong lobbies and vehement and mobilized constituencies. Recent years have seen both sectors facing public push-back on modern trends in extraction, growth, and methods of production. In response to these developments, these industries have used their considerable political capital to seek new laws that curtail the ability of opposing parties to use state and local legislation or ordinances to interfere with certain industry interests. These industry-specific legal developments are often happening concurrently, at times in states that have both a vibrant agricultural and oil and gas sector. This article makes several unique contributions. First, it builds on existing administrative legal discourse regarding "regulatory islands," the concept of state to state regulatory isolation, by highlighting an unacknowledged hole in the regulatory fabric: where federal law is silent, intra-state regulatory isolation is equally as harmful as extra-state regulatory islands. Thus, legal and administrative coordination is not only necessary across state lines, but within a state to achieve optimal policy goals. Second, this article describes and analyzes how oil and gas and agriculture function as regulatory battleships (rather than passive islands) within state legal systems-autonomous from federal regulation, isolated, and potentially battering up against each other in a pond of finite resources. Finally, this article is the first to provide three normative administrative frameworks to address the problems of piecemeal regulation in the oil and gas and agriculture context. Ultimately, this article concludes that treating these industries as insular, rather than interrelated, is likely to be unsustainable-administratively, environmentally, and economically. [ABSTRACT FROM AUTHOR]
- Published
- 2018
36. Evolution of the National Oil and Gas Legal Framework.
- Author
-
Kardel, Mahmoud Fard
- Subjects
- *
PETROLEUM industry , *GAS industry , *PETROLEUM law & legislation , *PETROLEUM prospecting , *GOVERNMENT ownership of the petroleum industry - Abstract
The article offers information on the development of the oil and gas legal framework in Iran. Topics discussed include individually negotiated agreements dating from the discovery and exploration of oil in Iran in 1901 through to nationalisation of the resource in 1951; domestic and foreign argument over nationalisation of Iran's oil industry to restructure the oil concession framework; and use of Five-Year Economic, Social and Cultural Development Plans.
- Published
- 2018
- Full Text
- View/download PDF
37. RIGGING THE RIG: THE MERITS OF AMERICAN JURISPRUDENCE IN ENHANCING JURISDICTIONAL ARGUMENTS IN NIGERIA'S OIL AND GAS LAW.
- Author
-
OBADINA, MOFE
- Subjects
JURISPRUDENCE ,PETROLEUM law & legislation ,OIL spills ,ACTIONS & defenses (Law) - Published
- 2018
38. If you build it they will come: Angola's homegrown approach to post-graduate oil and gas instruction.
- Author
-
Nadorff, Norman J. and Serra Van-Dunem, José Octávio
- Subjects
NATURAL gas laws ,PETROLEUM law & legislation ,EDUCATIONAL programs ,LAW school curriculum ,PETROLEUM industry - Abstract
Governments, oil companies and universities frequently pay lip service to such noble concepts as empowerment, local content, workforce nationalization and knowledge transfer. Unfortunately, well-intentioned and loudly-touted programmes typically begin with great fanfare and admirable intentions but seldom meet expectations in the long term. One happy exception has been the Masters of Oil and Gas Law and Management at Angola's Agostinho Neto University ('Program') which recently celebrated 10 years of existence. The authors describe the genesis, history and methodology of this unique Program in whose development and implementation they played crucial roles. They also recount their promotional visits to law schools and other institutions on four other continents and the tangible effects that the Program has had outside of Angola. The article identifies a number of lessons learned in the process and hopefully will serve as a roadmap for those wishing to recreate the Program's success elsewhere. In short, this is the story of how a major oil company and a national law school brought together a world class teaching faculty and local experts for the benefit of more than 230 professionals and the nation as a whole. [ABSTRACT FROM AUTHOR]
- Published
- 2018
- Full Text
- View/download PDF
39. Why the unitization process is an important issue when dealing with the Brazilian Pre-salt Polygon.
- Author
-
Braga, Luciana Palmeira and David, Olavo Bentes
- Subjects
UNIT operation of oil fields ,NATURAL gas in submerged lands ,OIL wells ,PETROLEUM law & legislation - Abstract
The Pre-Salt Polygon is amongst the most important oil and natural gas discoveries of the last few years in Brazil and globally. In July 2017, its production represented 48.2 per cent of total Brazilian output.2 Due to the geological structure of the area, and the presence of fields already granted under concession agreements and onerous assignment agreements, this will probably result in the signing of many unitization agreements (UAs) in the next few years. The Brazilian National Petroleum Agency (ANP) is about to regulate 'procedures and guidelines for the unitization agreement negotiation', according to Article 34 of the Pre-salt Law. In compliance with this article, ANP published Resolution No 25 of 2013 on 9 July 2013, which regulates the unitization procedure in Brazil, covering onshore and offshore E&P operations. These rules provided solutions to issues that the revoked Article 27 of Petroleum Law, the various E&P concession agreements and other ANP Resolutions could not solve, although other issues, especially relating to open areas located in the Pre-salt Polygon, remain. The National Energy Policy Council (CNPE) has published Resolution No 8 of 2016, establishing unitization guidelines for the process of involving open areas. CNPE has also launched Resolution No 7 of 2017, which provides guidelines on local content in unitization areas. Following the new CNPE policies, ANP amended its Resolution No 25 of 2013, through Resolution No 698 of 2017. This article gives a brief update of the Brazilian regulatory framework for E&P activities and discusses the unitization process, highlighting the main changes and observing what will be important to consider in all the forthcoming unitization activity. [ABSTRACT FROM AUTHOR]
- Published
- 2018
- Full Text
- View/download PDF
40. Remedial actions against oil sourced from the Kurdistan Region of Iraq: issues of concern for companies claiming breach of a PSC.
- Author
-
Zedalis, Rex J.
- Subjects
PRODUCTION sharing contracts (Oil & gas) ,PETROLEUM prospecting ,PETROLEUM law & legislation ,ENERGY industries ,BREACH of contract - Abstract
This essay's objective is limited. It examines basic provisions of production sharing contracts (PSCs) between international oil companies (IOCs) and the Kurdistan Regional Government in Iraq (KRG) with an eye to whether language appears that could affect IOC claims prosecution in European or other fora where KRG-sourced oil or gas are then held. Three sets of provisions, in particular, are examined. While all are replicated in the actual PSC's struck between the KRG with its IOC partners, the first to be scrutinized is that contained in Article 20 of the KRG's Model PSC, and concerns the Kurds' assertion of title over KRG-sourced oil and gas. The second is the Model's Article 41, paragraphs (a) and (b), which waive immunity from prosecution for actions looking towards determinations of contractual illegality. And the third, Article 41, paragraph (c), provides a similar waiver in connection with remedial, penalty, or procedural actions. The essay concludes with a few brief comments on the relevance of other provisions appearing in the KRG's Oil and Gas Law of 2007. [ABSTRACT FROM AUTHOR]
- Published
- 2017
- Full Text
- View/download PDF
41. The Illinois Oil and Gas Act.
- Subjects
PETROLEUM law & legislation ,NATURAL gas laws ,UNDERGROUND storage of natural gas ,ADMINISTRATIVE procedure ,LEGISLATIVE amendments ,GOVERNMENT agency rules & practices ,NOTICE of proposed rulemaking (Administrative law) - Abstract
The article focuses on a notice of proposed amendment issued by Illinois' Department of Natural Resources regarding Illinois Oil and Gas Act. It mentions statutory authority for implementing and authorized by Underground Gas Storage Safety Act and Illinois Administrative Procedure Act. It also mentions rulemaking amended to ensure that the rule is consistent with the Illinois Oil and Gas Act.
- Published
- 2019
42. The Illinois Oil and Gas Act.
- Subjects
PETROLEUM law & legislation ,GAS industry laws ,NOTICE of proposed rulemaking (Administrative law) ,GAS storage ,GOVERNMENT agency rules & practices - Abstract
The article focuses on the notice of the proposed amendments issued by Illinois' Dept. of Natural Resources related to Illinois Oil and Gas Act. It mentions that the amendments are concerned with implementing the Illinois Underground Gas Storage Safety Act pursuant to PA 100-1172, related to the underground storage of natural gas. It also mentions about statutory authority under the amendment for implementing Illinois Underground Gas Storage Safety Act.
- Published
- 2019
43. The Illinois Oil and Gas Act.
- Subjects
LEGISLATIVE amendments ,PETROLEUM law & legislation ,NATURAL gas laws ,ADMINISTRATIVE procedure ,UNDERGROUND storage of natural gas - Abstract
The article focuses on notice of emergency amendments in Illinois Oil and Gas Act by the Illinois Department of Natural Resources. It mentions statutory authority under Illinois Underground Gas Storage Safety Act and Illinois Administrative Procedure Act. It also mentions amendments are needed to serve and protect the public interest for the regulation of underground natural gas storage in Illinois.
- Published
- 2019
44. Regulatory reforms draw cheers; shutdown and tariffs raise concerns.
- Author
-
Snow, Nick
- Subjects
UNITED States politics & government ,PETROLEUM law & legislation ,GAS industry laws - Abstract
The article reports that Trump administration is following through onits promise to reform federal regulations enacted during Barack Obama's presidency according to officials from leading US oil and gas associations.
- Published
- 2019
45. Estimation of the Inverse Function for Random Variate Generation.
- Author
-
Hora, Stephen C.
- Subjects
- *
INVERSE functions , *ANALYTIC functions , *FUNCTION algebras , *PROBABILITY theory , *MATHEMATICS , *MATHEMATICAL variables , *ANALYSIS of variance , *OIL & gas leases , *PETROLEUM law & legislation - Abstract
A regression method for estimating the inverse of a continuous cumulative probability function F(x) is presented. It is assumed that an ordered sample, X1,…, Xn, of identically and independently distributed random variables is available. A reference distribution F0(x) with known inverse F0-1(p) is used to calculate the quantities Wi, = i ln[F0(Xi(Xi)/F0(Xi+10]. These quantities are used to estimate the function γ[p] = pd ln≥F0[F-1( p)]≲/dp from which an estimate of F-1(p) is derived. The method produces an estimate in a form that is convenient for random variate generation. The procedure is illustrated using data from a study of oil and gas lease bidding. [ABSTRACT FROM AUTHOR]
- Published
- 1983
- Full Text
- View/download PDF
46. The Perfect Fuel.
- Author
-
Chapman, Stephen
- Subjects
- *
NATURAL gas , *GAS industry , *NATURAL gas laws , *PETROLEUM law & legislation - Abstract
Comments on natural gas and its use as an alternative to oil in the United States. Background on the history of the natural gas industry in the U.S.; Problems faced by the U.S. government related to oil supplies; Advantages of using natural gas; Discussion of the regulations imposed by the Natural Gas Policy Act; Obstacles to greater industrial use of natural gas.
- Published
- 1980
47. "Petrodollars are rewriting our federal system".
- Author
-
Gibson, Paul
- Subjects
PETROLEUM industry ,PETROLEUM law & legislation ,PETROLEUM sales & prices ,ECONOMIC history - Abstract
The article focuses on a row between the federal governments in Ottawa and Alberta concerning the price of Canadian oil as of October 1, 1979. Topics include comments from Ontario Provincial Treasurer Frank Miller, economic conditions in Alberta, and the provincial bank Alberta Heritage Savings Trust Fund. Attention is paid to a plan concerning oil prices that will be reviewed by Canadian Prime Minister Joe Clark in the fall of 1979.
- Published
- 1979
48. Congress & the People's Property.
- Author
-
Hollings, Ernest F.
- Subjects
PETROLEUM law & legislation ,ENERGY policy - Abstract
Discusses the implication of the U.S. Senate passage of the legislation dealing with Outer Continental Shelf oil and gas resources in the mid-1970s. U.S. Congress' efforts to address the energy problem; Social, environmental and social impacts of the legislation on coastal areas; Criticism on the rate of the Ford Administration's initiation of its energy policy.
- Published
- 1975
49. Environmental Law.
- Author
-
Greenhouse, Jeremy P., Bauer, Cody, Johnson, Vanessa, Beckstrom, Jake, and Ordahl, Erik
- Subjects
ENVIRONMENTAL law ,PETROLEUM law & legislation ,STATE governments ,ENVIRONMENTAL protection associations ,AUTOMOBILE emissions laws - Abstract
The article focuses on topics on environmental law such as first topic discusses lawsuits by state and local governments against petroleum companies, where the 8th Circuit Court found that the companies cannot avoid state law claims related to climate change. Topic covers include the Environmental Protection Agency's proposal for more stringent vehicle emissions standards, aiming to reduce greenhouse gas emissions from light- and medium-duty vehicles starting from model year 2027.
- Published
- 2023
50. The Week.
- Subjects
INTERNATIONAL relations, 1933-1945 ,INTERNATIONAL trade ,NEW Deal, 1933-1939 ,PETROLEUM products ,PETROLEUM law & legislation ,SOVIET Union foreign relations ,NAZI Germany, 1933-1945 -- Foreign relations ,WEAPONS industry ,FRENCH foreign relations ,ITALIAN history, 1922-1945 ,FRENCH history, 1914-1940 ,TWENTIETH century ,INTERNATIONAL relations - Abstract
Comments on several political and economic issues from around the world. Criticism on the excessive opposition made by conservative opponents of the New Deal regarding the U.S. Supreme Court decision on the unconstitutionality of sections of the National Industrial Recovery Act dealing with the shipment of surplus oil; Incorporation of diplomacy in the charges made by Soviet Union accusing Germany of orchestrating the murder of statesman Sergei Kirov; Reaction to the investigation made by U.S. Senator Gerald P. Nye on the munitions business; Agreement made by the French and Italian governments to respect the sovereignty of Austria.
- Published
- 1935
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