The extraction of petroleum is the process by which usable petr... -
extraction of petroleum

Australian Oil and Gas Industry Await Petroleum Tax Overhaul (1)

Bloomberg BNA - 08 Mar 2018
“While the PRRT remains the preferred way to achieve a fair return to the community for the extraction of petroleum resources without discouraging investment, changes should be made to the PRRT arrangements to make them more compatible with the ...
extraction of petroleum

Alegria, Cebu rejoices: We struck gas! - 16 Mar 2018
Cusi made the pronouncement after a ceremonial signing of the Joint Declaration of Commerciality (JDC) between the DOE and service contractor China International Mining Petroleum Company Limited (CIMP CO. Ltd). In a press release posted on its website ...
extraction of petroleum

Ishai license holders warn on gas extraction from Aphrodite

גלובס - 13 Mar 2018
The owners of the rights in the Ishai license, a continuation of the Cypriot Aphrodite gas reservoir on the Israeli side of the boundary between the two countries' economic zones, wrote to Petroleum Commissioner Yosi Wurzburger and to Minister of ...
extraction of petroleum

Chinese experts to study fuel exploration, extraction prospects

Himalayan Times - 23 Feb 2018
Following a pact signed with China to support country's petroleum exploration and extraction sector in March 2016, when Prime Minister KP Sharma Oli was the country's premier back then too and another pact inked between the two nations to explore ...
extraction of petroleum

Coal India to energise CBM extraction drive

Millennium Post - 16 Mar 2018
In the last year the Parliamentary Standing Committee on Petroleum and Natural Gas headed by senior BJP leader Prahlad Joshi had recommended a slew of measures to increase the pace of CBM extraction. This included formulating a new comprehensive CBM ...
extraction of petroleum

Understanding petroleum regimes in MENA

ZAWYA - 11 Mar 2018
Under a Production Sharing Agreement, in most instances, title to the extracted petroleum remains with the host country and the contract grants rights to the IOC to recover its costs from production (cost oil) before dividing the remaining production ...
extraction of petroleum

The oily path to tackling climate change

Axios - 12 Mar 2018
The twin incentives of extracting oil and the new federal subsidies provide a foundation for commercializing carbon capture. That's important because the United Nations (among others) calls the technology essential to cutting emissions to the level ...
extraction of petroleum

Understanding Petroleum regimes in the MENA region

Lexology - 01 Mar 2018
Concession arrangements can be identified as traditional or modern and, under concessions, title to petroleum is generally transferred and owned by the IOC upon extraction at the wellhead. An example of an early concession is the concession agreement ...
extraction of petroleum

Nigeria's oil reserves drop by 961 million barrels

The Punch - 15 Mar 2018
The Director, Department of Petroleum Resources, Mr. Mordecai Ladan, said in the latest Nigeria Oil and Gas Industry Annual Report that the Nigerian petroleum sector had been affected by the disruption occasioned by the 2014 price crash. He said, “This ...

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