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Oil Royalties Newsletter
  • Royalties to catch up 26 Oct 2025 05:10 GMT

    … Exxon’s exploration costs and Guyana’s royalty take.  Production … is set to increase, but what if oil … prices don’t cooperate?  The net effect on royalties … problem for me.  Royalties will catchup with exploration costs.  The …

  • Oil revenue declines 22% to N3.9 trillion in Q4 2024 – Budget Office   24 Oct 2025 14:19 GMT

    … to the Budget Office, Royalties (Oil & Gas) generated N2 … “Crude Oil and Gas Sales of N335.69 billion, Petroleum Profit … 68 billion and Incidental Oil Revenue (Royalty Recovery & … including the implementation of the Petroleum Industry Act (PIA), …

  • Ghana Loses Billions Under Colonial Royalty System, Says Oquaye 24 Oct 2025 09:13 GMT

    … IMF Programme and Our Natural Resources, A Pathway to National … in major mining and petroleum ventures has been diluted … from major mining and oil ventures while improving investor … arguing that overreliance on royalties has weakened fiscal independence and …

  • Oil revenue fell 21% below projection in Q4 2024, says budget office 24 Oct 2025 06:45 GMT

    … crude oil theft, and high fiscal deduction — including for the petroleum … the revenue showed that royalties (oil and gas), concessional rentals … of 2024 showed that, Royalties (Oil & Gas) of … 68 billion and Incidental Oil Revenue (Royalty Recovery & …

  • Preliminary B.I. Finding issued on sale of North Slope royalty oil - 10/26/2025 24 Oct 2025 03:12 GMT

    … of Natural Resources' Division of Oil and Gas to Marathon Petroleum Supply … sale of Alaska North Slope royalty oil. John Boyle, commissioner of … Click here to subscribe to Petroleum News for as low as … --- https://www.petroleumnews.com --- S U B …

  • Prof. Oquaye calls for end to royalty-based resource governance   23 Oct 2025 23:49 GMT

    … natural resources governance sector.   Prof. Oquaye criticised the current royalty- … specific services such as exploration and production.   He said … like Norway in the oil sector, ensured that the … that undertake mining or drilling activities.   GNA   Edited …

  • Prof. Oquaye proposes service contract approach to manage natural resources 23 Oct 2025 11:16 GMT

    … the current system of royalty payments, linked to colonial … significantly more from its oil resources than Britain due to … to maintain ownership of resources, ensuring that strategic … provide specific services such as exploration, extraction, and production, …

  • Why one of the world’s greenest countries is betting its future on oil 23 Oct 2025 08:47 GMT

    … half-dozen firms started exploring in Suriname’s water, … nowhere near the resources needed to drill for oil offshore — Total’s … Other major oil companies such as Chevron, Petronas, and Shell … oil royalties program, saying it would instead invest future crude …

  • LNG royalties now flowing to landowners, says authority 23 Oct 2025 03:06 GMT

    … managed by the Mineral Resources Development Company (MRDC). … managed by the Mineral Resources Development Company (MRDC). … project area landowners in petroleum projects in the country … Oil and Gas Act, and benefits – sharing agreement reached in 2009, royalty …

  • “One Big Beautiful Bill Act”: Five Changes Oil and Gas Businesses Need to Know About Now 23 Oct 2025 00:53 GMT

    … of the royalty rate increases applicable to onshore oil and … levels, making drilling on federal land and offshore areas more … sales in the National Petroleum Reserve in Alaska over … considerable space for new exploration and production, reversing years …

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