Features Of Petroleum Mining Licence

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Petroleum Licensing and Contracting

Mining/Petroleum and tax laws. To prevent legal uncertainties, conflicts of law or aggressive tax planning, it is advisable for Governments to take the following steps: larify whether the country's "Investment Law" and its incentives should apply to petroleum

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Getech Illuminates the Petroleum Geology of Offshore

The interest of the global oil and gas industry has been drawn to South America recently by the announcement late last year that Argentina will hold an offshore bidding round in 2018. In anticipation of the licensing round, The Getech Group, providers of natural resources exploration data and information expertise, has released the "Tectonic Evolution and Source Rock

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Reconnaissance Energy Africa granted Botswana

The Botswana lands are contiguous to the company's 6.3-million-acre petroleum licence in northeast Namibia. As a result of acquiring and interpreting additional tight-grid regional aeromagnetic data, Reconnaissance Africa feels it has definitively established the eastern boundary of the Kavango Basin, where a deep and high potential section of the basin extends

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Not getting NOC for petroleum mining licence from

Read more about Not getting NOC for petroleum mining licence from WB govt: on Business Standard. Oil and gas downstream major ONGC on Tuesday alleged that it was not getting the no objection certificate for petroleum mining licence (PML) from the West

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MINING AND PETROLEUM LAW

Mining and petroleum are important industries for the South Australian economy but also gives rise to issues such as impacts on water quality and quantity, clearance of native vegetation, destruction of wildlife, pollution including site contamination and greenhouse gas

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LEGAL ASPECTS OF MINING TENEMENT MANAGEMENT IN WESTERN

Before making an application for a mining tenement (other than an exploration licence) the applicant must mark out the land in a certain manner and in the appropriate shape: s. 105, regs. 11, 17, 24, 33, 37. A mining tenement (except a miscellaneous licence

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Mining resources

changes to departmental responsibilities, the Department of Natural Resources, Mines and Energy is now the Department of Resources. Responsibility for water and energy has been transferred to new departments. A proud White Ribbon Accredited Workplace, in recognition of the active steps taken to recognise, prevent, respond and support staff affected by domestic

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All Petroleum Products (APP) Limited

The company is in the process of securing a licence to import, distribute petroleum products, and operate retail outlets across the country. APP is currently refurbishing existing storage tanks at the old oil refinery and proposes to overhaul the dilapidated Jetty for the purpose of importing petroleum products.

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The Social License to Operate in Tanzania: Case Studies

This acceptance is particularly important in the mining and petroleum sectors due to the significant impacts of extractive activities on the life of communities and the environment. Despite the long history of extractive activities in Tanzania, very few studies have examined SLO from the perspective of local communities.

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Petroleum Licenses in the UK: Contract or Regulation?

Petroleum licenses lack certain traditional public law features. For example, there is no right of appeal regarding their terms. Compare this to a planning license: once granted, the only recourse if the licensee is dissatisfied is an administrative or court appeal.

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Hydrocarbon Exploration and Licensing Policy (HELP)

Hydrocarbon Exploration and Licensing Policy (HELP) is a policy adopted by Government of India on 10.03.2016 indicating the new contractual and fiscal model for award of hydrocarbon acreages towards exploration and production (EP). HELP is applicable for

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Fiscal Regimes, Petroleum Contracts, and Natural Gas

Types of Fiscal Regime • Petroleum – Tax Royalty and PSC systems most common • Mining - Tax Royalty; PSC uncommon • Mechanics different, but economics can be equivalent • Most countries have an "hybrid" system 2 Licence Contractual Production

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Mining and Petroleum Legislation Amendment (Grant of Coal and Petroleum

Page 4 Mining and Petroleum Legislation Amendment (Grant of Coal and Petroleum Prospecting Titles) Act 2015 No 39 [NSW] Schedule 1 Amendment of Mining Act 1992 No 29 13D Crown pre-competitive exploration licences (1) The Secretary may apply on

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16 Marked Advantages And Disadvantages Of Petroleum

Petroleum is also not that difficult to produce, though most of the low-cost locations are already depleted. Now, it is being mined off sea coasts and tar sands. Technology for oil refineries has also reached its maturity, which means that refining it to get valuable products, such as gas and diesel, have also become quite easy.

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Exploring for and extracting oil, natural gas and salt

To become a licensed petroleum, salt solution-mining and/or underground storage operator, you need to first understand the rules and once licensed, follow them. This ensures the safe and environmentally responsible development of oil, natural gas and salt resources and the injection of substances into underground geological formations.

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Signature of multi‐year Globe licence

Getech, a provider of data, knowledge and software to the energy industry, is pleased to announce that it has secured a multi‐year licence agreement for its Globe product with a national energy company. This website uses cookies to improve your online experience.

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Keith Pitt says he will make a decision about PEP 11 in the

The current licence for Petroleum Exploration Permit 11 (PEP 11), which covers an area stretching from Port Stephens to Sydney, expired on Friday. Advent Energy wants to extend the permit for another five years arguing that its plans to explore and potentially drill for gas represent a potential solution to substantial gas shortage issues.

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Rehabilitation plans and other environmental aspects of

The Mineral Resources (Sustainable Development) Act 1990 (MRSDA) requires that a licensee proposing to do work under a mining licence or an exploration licence must submit a work plan. In the case of a mining licence, the work plan must include a rehabilitation plan.

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How to apply for a licence

Part 2 - Licence Applications 4 - General Requirements An application for a licence, or for the renewal of a licence, under the Act:— (a) must be addressed to the Minister 1; and (b) must be signed or executed by the applicant; and (c) must include, or be

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features features of petroleum mining licence

Key Features of the Mining Act. Formalization regulation of Artisanal and Small-Scale Miners (ASM) Introduction of new types of mineral rights. (reconnaissance licence, prospecting licence, retention licence, mining licence, reconnaissance permitget price

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Republic of Kenya MINISTRY OF PETROLEUM AND MINING STATE DEPARTMENT FOR MINING

MINISTRY OF PETROLEUM AND MINING STATE DEPARTMENT FOR MINING THE KENYA MINING CADASTRE 7th February 2020 A Case Study Table of Contents Kenya - Profile Mandate and Functions of the State Department Kenya Minerals Map

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6.2.4 Petroleum Exploration Licence Application 158

Exploration vs Mining or Petroleum Production An exploration licence gives the licence holder exclusive rights to explore for specific minerals within a designated area but it does not permit mining or production, nor does it guarantee a

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Petroleum Licenses in the UK: Contract or Regulation?

Petroleum licenses lack certain traditional public law features. For example, there is no right of appeal regarding their terms. Compare this to a planning license: once granted, the only recourse if the licensee is dissatisfied is an administrative or court appeal.

Get price

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Legal framework and seabed mining

Seabed Mining in the Northern Territory 4 2 Key context for seabed mining legislation 2.1 Key features of seabed mining legislation From the review of the legal framework set out in this document, a number of key features of mining legislation (and dedicated

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New Exploration and Licensing Policy (NELP)

Petroleum Exploration Licenses (PEL) for domestic exploration production of crude oil and natural gas were granted under four different regimes over a period of time: 1) Nomination Basis: Petroleum Exploration License (PEL) was granted to National Oil Companies viz. Oil and Natural Gas Corporation Ltd (ONGC) and Oil India Ltd. (OIL) on Nomination basis prior to

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PPT

Petroleum Petroleum is an oil that is found underground. Petroleum is a Fossil Fuel. It was made from plants and animals. The energy in petroleum came from plants and World's Best PowerPoint Templates - CrystalGraphics offers more PowerPoint templates than anyone else in the world, with over 4 million to choose from.

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Mineral development licence guide

•Clearly described boundaries, the boundary needs to be identified as set out in section386R of the Act. Refer to the Practice Direction 01/2016: Boundary identification for mining tenements, including boundary definition notice, for more details. • Access to the application area via either a dedicated public road or by supplying start,

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Fiscal Regimes, Petroleum Contracts, and Natural Gas

Types of Fiscal Regime • Petroleum – Tax Royalty and PSC systems most common • Mining - Tax Royalty; PSC uncommon • Mechanics different, but economics can be equivalent • Most countries have an "hybrid" system 2 Licence Contractual Production

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Petroleum Exploration Licence (PEL) and Petroleum Mining Lease

Petroleum Exploration Licence (PEL) and Petroleum Mining Lease (PML) PEL is granted for a period of 7 years in onland and shallow water areas and for 8 years in deepwater and frontier areas for exploration activities as per PSC provisions under NELP. Petroleum

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Topic 4: TYPES OF PETROLEUM CONTRACTS AGREEMENT

27/3/20151.2.1) Characteristics Features of Production Sharing Contracts (PSCs) The characteristic features of this pioneering agreement included: Title to the hydrocarbons remained with the State (Indonesia) {i.e., Any resources are owned by the host country

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