With congressional approval and Trump's subsequent signature July 4, the 2025 tax reconciliation bill offers expanded ...

The little-known provision in the bill means up to around $50 million per year extra for Louisiana over a decade -- money ...

The Bureau of Ocean Energy Management this week announced the publication of a Proposed Notice of Sale (PNOS) for an oil and ...

South Justis is currently producing 108 barrels of oil per day ("BOPD") from 19 actively producing wells which adds $1.2 million in net cash flow annually with minimal impact to the G&A costs of ...

A version of this article appears in print on June 21, 2025, Section B, Page 5 of the New York edition with the headline: Oil Producers In Persian Gulf Are Revving Up Their Exports.

The Company will exchange 1.0 million Class A common shares of the Company without any cash consideration or debt for EON Energy to acquire a 94% working interest in the South Justis Field. With ...

The Company will exchange 1.0 million Class A common shares of the Company without any cash consideration or debt for EON Energy to acquire a 94% working interest in the South Justis Field. With the ...

Oil and gas leases are awarded for a term of 10 years and as long thereafter as there is production of oil and gas in paying quantities. The federal government receives a royalty of 16.67 percent of ...