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Oil & gas
The market-leading oil and gas practice
Our global oil and gas team is made up of acknowledged legal experts in the oil and gas industry. This is reflected in our current “Tier-1”ranking as an oil and gas firm by legal directories.
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New Angolan Mining Code
28 October 2011
Publication
On 23 September 2011, the new Angolan Mining Code (Código Mineiro) came into force. The introduction of new mining legislation had been expected for some time. As the name indicates, the Mining Code is intended to compile all of the existing legislation...
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Renewables Obligation 2013 - 2017 Banding Review Proposals
26 October 2011
Publication
The UK Government has proposed important changes to the support levels available for renewable energy projects under the Renewables Obligation for the 2013 – 2017 period in England and Wales. The proposals ramp up support for new technologies such as wave...
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Jeremy Connick
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Broadening the Equator Principles beyond Project Finance - New Proposals
10 June 2011
Publication
A review of the Equator Principles (EPs) has made recommendations to change a number of aspects of the EPs framework and these could have a significant impact on finance transactions. In particular, use of the EPs could extend beyond pure project finance to corporate...
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New ESMA Recommendations for Mineral Companies
24 March 2011
Publication
On 23 March 2011, the European Securities and Markets Authority (ESMA), which replaced the body known as the Committee of European Securities Regulators (CESR) from 1 January 2011, published a feedback statement setting out its recommendations (New ESMA Recommendations)...
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Further Changes to UK Renewables Incentives
14 April 2011
Publication
The UK's renewable energy sector is facing an overhaul of the incentive schemes the Government offers to promote low-carbon power generation.
The changes, which follow the energy market reforms the Government unveiled in December 2010, include a review of feed-in...
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Clifford Chance Publication: Resource Nationalism II: Expropriation – Any rights or remedies?
1 May 2012
Publication
Direct expropriation or nationalisation is on the rise again.
In mid-April, Argentina dramatically announced the nationalisation of most of Repsol's 57.4% stake in Argentina's biggest oil group, YPF. YPF's interests include rights to the valuable...
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Political risk vs oil & gas infra investment
22 November 2011
Publication
The oil and gas sector is undergoing a significant transformation as it responds to various complex challenges arising from increasing political risk, tighter access to debt finance and the need to invest in new technologies.
The impact of political risk, such...
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Oil and Gas - Myanmar Update
11 May 2012
Publication
Myanmar (Burma) possesses large reserves of natural resources, with significant oil and gas fields both on and offshore. Owing to the impact of sanctions and the political climate, only 24 foreign companies, mostly from south east Asia, are operating in the oil...
