Following the rapid spread of the novel coronavirus (“COVID-19”) that was first reported in Wuhan, China at the end of 2019, the World Health Organization declared COVID-19 to be a pandemic on March 11, 2020....more
3/13/2020
/ Contract Terms ,
Coronavirus/COVID-19 ,
Force Majeure Clause ,
Infectious Diseases ,
International Arbitration ,
Performance Standards ,
Public Health ,
Risk Management ,
Suppliers ,
Supply Chain ,
Supply Contracts
We are pleased to introduce the second edition of our Energy & Infrastructure Insight, providing information and analysis of current issues and projects across the globe.
In this edition, we offer insights into the...more
1/29/2020
/ Africa ,
Economic Development ,
Energy Projects ,
Energy Sector ,
Foreign Investment ,
Infrastructure ,
Infrastructure Financing ,
Institutional Investors ,
Mineral Extraction ,
Mining ,
Public Projects ,
Renewable Energy ,
Resource Extraction
The first edition of Shearman & Sterling’s Energy & Infrastructure Insight provides information and analysis of current issues and projects across the globe.
In this edition, we offer insights into how Gulf Cooperation...more
6/24/2019
/ Cross-Border ,
Energy Market ,
Energy Projects ,
Energy Sector ,
Mining ,
Natural Resources ,
Nuclear Power ,
Oil & Gas ,
Renewable Energy ,
Solar Energy ,
Wind Power
We are pleased to release the latest issue of our client newsletter, Energy Update, designed to inform clients and friends of the firm about important developments affecting US and international energy markets.
...more
9/13/2016
/ Administrative Monetary Penalties ,
Energy Sector ,
EU ,
Greenhouse Gas Emissions ,
Hillary Clinton ,
ISOs ,
Member State ,
Mergers ,
NEPA ,
Nuclear Power ,
Regulatory Agenda ,
RTO ,
Sierra Club ,
SolarCity ,
Tesla ,
Trump Administration ,
UK Brexit
State aid control is unusual internationally. State aid is entirely a matter of EU law and is administered by the EU. Unlike other areas of competition law, such as antitrust and merger control, there are no national rules or...more
On May 8, 2016, the amendment to the Convention on the Physical Protection of Nuclear Material (“CPPNM”) , (“CPPNM Amendment”) entered into force. The CPPNM Amendment revises the CPPNM by seeking to further strengthen the...more
On July 22, 2015, Shearman & Sterling hosted a client call on Iran sanctions led by Dan Newcomb, Anthony Patten, Barney Reynolds and James Campbell to examine the impact of this historic agreement and discuss how companies...more
Following an 11-month investigation into UK support for the Hinkley Point C nuclear project, the Commission approved a modified UK support package on 8 October 2014.
Austria announced yesterday that it will launch its...more
The Obama Administration’s recent loosening of trade restrictions on Cuba has the potential to open new opportunities for US businesses. However, there are several obstacles to be overcome before US companies may access...more
5/13/2015
/ Cuba ,
Cuban Assets Control Regulations (CACR) ,
Economic Development ,
Entrepreneurs ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Imports ,
Regulatory Standards ,
Sanctions ,
Trade Relations
The Guinean State Minister of Mines and Geology, Kerfalla Yansané, recently announced a possible launch of a bidding round in 2015 for offshore oil blocks in Guinea under the new hydrocarbons code (the “New Code”). Following...more
The nascent UK Oil and Gas Authority (“OGA”), has issued an urgent Call to Action report setting out the main risks facing the UK oil and gas industry: insufficient profitablity leading to pre-mature asset decommissioning and...more
The much anticipated Decree Law for Offshore Areas 1 and 4 was published on 2 December 2014 (Decree Law No. 2/2014). It provides a clear and comprehensive legal framework for their development and includes significant...more
Mozambique’s new Mining Law (Law No. 20/2014 of 18 August) introduces changes largely aimed at re-balancing the terms under which mining activities are conducted in favour of Mozambique and Mozambicans, following the trend...more
The European Commission has decided that the revised UK support package for EDF’s Hinkley Point C nuclear project is compatible with EU State aid rules.
In doing so, the Commission found that although the UK’s deal...more
Mozambique’s new Petroleum Law and new Petroleum Tax Law have been long awaited by foreign investors who have been looking for a clear and comprehensive legal framework to facilitate investment in the development of the...more
On 18 September 2014, the referendum on Scottish independence will take place. Opinion polls suggest that the outcome is too close to call. This note highlights various legal issues related to the referendum and Scottish...more
As highlighted in our client alert of March 7, 2014, the Ivorian Parliament approved a new mining code (the “New Mining Code”) on March 5 which aimed at modernizing the mining sector and increasing its...more
A new mining code (the “New Mining Code”) was voted by the Ivorian Parliament on March 5. Current mining titles will be valid for their remaining term but their renewals will be subject to the provisions of the New Mining...more
A revised companies code was adopted by Ohada on 30 January 2014 (The Uniform Act on Commercial Companies and Economic Interest Groups; the “Revised Code”). The Revised Code adds tailwind to a fast developing market and...more