UniCredit bank has lost its $24.7 million damages lawsuit over the loss of thousands of tons of oil at a United Arab Emirates port.

COVID-19 raises a number of serious issues for operators and other industry participants in the oil patch, including compliance with continuous drilling obligations, shut-in royalty clauses, cessation of production, and production in paying quantities.

The North Dakota State Senate bill proposing that all oil and gas well setbacks be extended from 500 feet to 750 feet for single-well pads and to 1,000 feet for pads with multiple wells was defeated yesterday, February 6, by a decisive vote of 30-17.

A recent bill comprehensively overhauled how Mississippi applies its sales tax to oil and gas activities and related equipment.

Article 34.1 of the Pennsylvania Oil and Gas Lease Act was enacted July 9, 2013, and has received heavy scrutiny since its enactment.

The expansion of the oil and gas industry in the United States led the Inspector General to investigate whether EPA was equipped to regulate and evaluate the air emissions coming from this particular industry.

Petroleum as one of the energy resources has great importance in human lives. Almost every sector in an economy directly or indirectly depends on petroleum.

The slump in the oil price means oil & gas companies are no longer insulated from the impacts of the economic downturn.

There are various laws regulating oil and gas in Nigeria.

The Government of Canada has announced draft regulations aimed at capping emissions of greenhouse gases (GHG) from the oil and gas sector. Utilizing a cap-and-trade system...

On 17 December 2021 National treasury issued a tax policy discussion paper (discussion paper) on "what is the most appropriate tax regime for the oil and gas industry?".

In the U.S., new Federal Trade Commission chair Andrew Ferguson took office in January 2025, promising a more permissive approach to merger approvals that was broadly welcomed by oil & gas companies eager to do deals.

Ah, what would corporations give to be able to have trade secret protections for their information simply by declaring it a trade secret? For oil refineries in California, that dream may now be a reality.

Conveying oil and gas interests in Pennsylvania raises the question as to whether the document conveying the interest is subject to realty transfer tax.

Using offsite locations for horizontal drilling is becoming increasingly popular as surface use becomes difficult.

The underlying case concerns an oil and gas lease signed by the plaintiffs and Cabot Oil & Gas in 2007.

On Tuesday, April 16, 2019, Colorado Governor Jared Polis signed Senate Bill 19-181 (SB19-181) into law.

It's time for some good news! U.S. oil prices are once again over the $50 mark! Before you pop the champagne, here is what you need to know to be up to speed.

OFAC designated TNK Trading International S.A. ("TTI") for "operating in the oil sector of Venezuela."

The position that the right to a safe and clean environment is an absolute right that should be guaranteed in a sane society without any compromise supports the inherent commitment...