Among the readership of this magazine are numerous oil and gas royalty owners. The April filing date for individuals will soon be upon us. In this article, we are going to discuss practical income tax considerations of owning royalty interest in oil and gas. This article will not be...
Many oil and gas companies have recognized the need for faster and more efficient business processes to compete in a more technology-driven world. Acting as a catalyst in this technological transformation are Environment, Health, and Safety (EHS) and Environmental, Social and Governance (ESG) programs. With a heightened global focus...
Three of the world’s biggest oil companies — BP, TotalEnergies and Shell — won acreage in Scotland’s biggest offshore wind power tender in January. This should have pleased their ESG shareholders, who have been pushing for greater climate-related commitments. But let’s pause for a moment.
ESG is an abbreviation that’s...
The global oil market faces a number of challenges in its efforts to meet the growing demand for energy in profitable and sustainable ways. A current undersupply of oil in the market is a major contributor to rising oil and gas prices. And, as operators strive to increase their...
2021 was another tumultuous year across many different parts of the energy industry, with businesses of all sizes finding new ways to adapt their operations in the face of ongoing disruptions and uncertainty caused by the COVID-19 pandemic.
For the oil and gas (O&G) sector, and particularly for deal-making within...
Following years of experience in the hospitality industry, my brother, Preet Paul, and I had a bank of knowledge when it comes to what customers want, what restaurants are offering and what we could do differently to truly shake up the industry. After traveling to hotspots around the world...
The start of the year saw expected winter cold fronts arrive in Texas. Like clockwork from an increasingly coordinated campaign against natural gas, media breathlessly reported an estimated 1 billion cubic feet of gas was flared in the Permian Basin alone, resulting in a 25% reduction in natural gas...
Do you know your vitamin D level? Most likely, this is not a question you’ve been asked very often. But, with the seemingly neverending COVID pandemic, it is one you should find the answer to.
Depending on the source, it is estimated that anywhere from one-quarter to three-quarters of the...
The employment picture for 2022 remains cloudy thanks to mutations of COVID-19, most recently with the omicron variant. Since March 2020, prognosticators have tried to pinpoint when things will return to normal or, failing that, what the new normal will look like. While no definitive answers are available, pieces...
On November 15, after months of political maneuvering, President Joe Biden signed legislation that was billed as a monumental investment in America’s infrastructure. Other than his signature, however, most of the credit for its passage belongs to the other Joe we’ve heard a lot about lately, Senator Joe Manchin...
