Sentences with phrase «oil exploration licences»

22 - The allocation of onshore gas and oil exploration licences that would pave the way for fracking

In the decade prior to the APF's creation, the initial $ 900 million windfall from oil exploration licences — equivalent to more than five times the entire Alaskan budget at the time — had flowed into and out of state coffers.

Not exact matches

On the PIFB version of the proposed oil industry law, NNPC recommended a three - stage licences regime consisting of: Exploration Licence (EL)-- to explore for petroleum on a non-exclusive basis; Petroleum Exploration Licence (PEL)-- to prospect for petroleum on exclusive basis; and Petroleum Lease (PL)-- to search for, win, work, carry away and dispose of petroleum.

And Petroneft now has another 45 M on tap from Oil India for Licence 61 exploration & development expenditure (which doesn't feature in my valuation).

It is also the banker for, and 4th largest investor in IGas Energy, the company with the most oil and gas exploration licences in the UK.