New Oil and Gas Rules in Canada and India

Introduction

The governments of British Columbia and India changed the rules for oil and gas. They want more money for the state and more oil and gas from their own land.

Main Body

British Columbia has a new plan. Companies pay a small fee at first. Then they share the profit with the government. Some companies are worried. They think the new rules make it hard to invest money. India also has new rules. India wants to find oil in very deep water. This is hard and expensive. So, the government says companies do not pay fees for seven years. This helps companies take risks. India also has different rules for land. Companies on land pay a normal fee of 12.5 percent. This helps India buy less oil from other countries.

Conclusion

Both places changed their rules. They want money now, but they also want companies to stay for a long time.

Learning

πŸ’‘ The 'Helping' Word: DO NOT

In the text, we see: "companies do not pay fees".

When you want to say 'no' for an action (like pay, go, or eat) in English, you need a helper. You cannot just say "companies not pay."

How it works: Subject + do not + Action

Examples from the real world:

  • I do not like oil. β†’\rightarrow (Negative feeling)
  • They do not want money. β†’\rightarrow (Negative desire)
  • We do not live in India. β†’\rightarrow (Negative fact)

🌍 Word Connection: Land vs. Water

Notice how the article separates these two. In A2 English, we use these as basic labels for where things happen:

  • On land (Solid ground) β†’\rightarrow *"Companies on land pay..."
  • In water (Liquid/Sea) β†’\rightarrow *"find oil in very deep water"

Tip: Use on for surfaces and in for volumes.

Vocabulary Learning

government
group of people who run a country
Example:The government will make new rules.
investment
putting money into something to get more later
Example:They need an investment to start the project.
profit
money gained after costs
Example:The company earned a big profit.
share
part of something that belongs to someone
Example:They will share the profit with the government.
rules
instructions that tell people how to act
Example:The new rules are stricter.
companies
businesses that sell goods or services
Example:Companies must follow the rules.
fees
money paid for a service
Example:Companies pay small fees.
expensive
costing a lot of money
Example:The new equipment is expensive.
risk
danger or chance that something bad may happen
Example:Investing has a risk.
land
ground where things can be built or grown
Example:Companies on land pay a fee.
percent
a part of one hundred
Example:The fee is 12.5 percent.
deep
far below the surface
Example:They want to find oil in very deep water.
water
liquid that covers oceans and rivers
Example:The water is very deep.
worry
feel uneasy about something
Example:Some companies are worried.
money
coins and bills used to buy things
Example:They want more money.
oil
black liquid from the ground used for fuel
Example:Oil is used for energy.
gas
liquid or vapor used for energy
Example:Gas is also extracted.
plan
an idea for doing something
Example:British Columbia has a new plan.
small
not big
Example:Companies pay a small fee.
first
earliest
Example:At first, they pay the fee.
think
to use your mind to decide
Example:They think the rules are hard.
find
to discover
Example:They want to find oil.
seven
number after six
Example:The government says no fees for seven years.
years
units of time
Example:The period lasts years.
helps
makes it easier
Example:This helps companies take risks.