Oil royalties are payments made to the owners of land or mineral rights for allowing oil companies to extract oil from their property. It is like a fee or compensation for using the land or resources to extract oil.
Full definition
Being dependent
on oil royalties is of course what we have done in the last 40 years and we were never able to get it right and we never really saved any money either.
Our top
oil royalty trust is ARC Energy Trust, which is conservatively managed and financed.
Defending Shell in a $ 40 million lawsuit concerning the alleged underpayment of federal oil royalties
Clement was moved from his post as Policy Advisor covering climate change impacts in Alaska to the office that
collects oil royalty checks.
On November 3, 2017, the Newfoundland and Labrador Government published new
Offshore Oil Royalty Regulations replacing the Royalty Regulations, 2003...
Oil royalty trusts are one type of investment that requires extra due diligence and before investing
Rio has been a major critic of the plan as it stands to lose an estimated $ 7 billion over the next few years
in oil royalties.
The bill directs the Secretary of the Interior to establish production goals in the 2012 - 17 OCS plan and provides 37.5 % of the
federal oil royalties to the States where the oil is being produced offshore.
The federal government wants to distribute more of
the oil royalties evenly across all the states in Brazil, instead of the lion's share going to states on the coast where the drilling occurs.
I soon realized that under the rules of the rights the only people who would bid for
these oil royalties were oil brokers and they were a bunch of bastards.
I realized
the oil royalties business was populated by shady characters, who could be outmaneuvered easily.
I only have one Canadian stock and that's
an oil royalty trust, PWE which paid out handsomely until the government announced a tax law change.
Will SA become rich from gas and
oil royalties?.