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Polish Shale Gas Law Update – Tax-Free Opportunities!

After years of anticipation and delay, the Polish government has finally taken significant steps forward in opening up the shale gas industry in Poland. Either fortuitously or intentionally, this comes just in time. The E.U....more

Iranian Sanctions – Joint Action Plan is Implemented in EU

Background - Implementation of the Joint Action Plan agreed between the E3/EU+3 in October 2013 by suspending certain sanctions against Iran in relation to nuclear proliferation began on 20 January 2014. This...more

EU partially suspends Iran sanctions under nuclear deal

I. Introduction - On 20 January 2014, the Council of the European Union (EU) agreed to temporarily suspend certain sanctions against Iran, namely those relating to (re)insurance and transport services for Iranian crude...more

Trade Secrets Watch 2013 Year-In-Review

It’s been a hot year in the trade secrets field, with some huge verdicts and settlements, a renewed spotlight on cyberattacks, and an unusual flurry of trade secrets legislation. Trade Secrets Watch’s 2013 Year-in-Review...more

Texas Environmental Update - October 2013

We are pleased to provide you with this issue of Bracewell's Texas Environmental Update, offering the latest news about permitting, enforcement, regulatory developments, and other matters of interest to the regulated...more

The Financial Report - Volume 2, No. 19. October 2013 (Global)

Discussion and Analysis - Most of us have seen those top-rated TV commercials for a wireless provider featuring a conservatively dressed man sitting at a little table with several children and asking them, “Is it...more

Energy Newsletter - October 2013

In This Issue: - Mexican Congress to Consider Constitutional Oil and Gas Reforms: Bold Stride Forward or Half-Step? - European Union adds legislative weight to the promotion of transparency in the extractive...more

Shale Gas Exploration

The UK Government has proposed that the tax rate on certain profits from UK shale gas production should be reduced from 62% to 30%. This will make the UK’s shale gas tax rate among the lowest in the world....more

The Transparency Wars: Coming to a Galaxy Near You?

Everyone is in favor of transparency and anti-corruption – at least, everyone except the occasional despot or dictator. Yet substantial controversy now swirls around the disclosure of the vast sums that governments receive...more

TRANSACTIONAL: Corporate / London: Turkey's New Petroleum Law: Its objectives and how they will be achieved

Overview - Turkey aims to become a regional energy hub, in terms of both production and transit of hydrocarbons. In particular, and largely in response to recent large gas discoveries by nearby Cyprus and Israel, the...more

Energy Newsletter - July 2013

In This Issue: - The President's Climate Action Plan - Mixed Messages for the Energy Sector - As Coal Exports Hit Record Highs, Interior Inspector General Questions Lease Valuations - U.S. Supreme Court Agrees...more

Court Vacates SEC Rule on Disclosure of Government Payments by Resource Extraction Issuers While Similar EU Requirement Is...

On July 2, 2013, a US court vacated the new SEC rule requiring resource extraction issuers to file annual reports with information about government payments for the commercial development of oil, natural gas or minerals....more

EU Environment Report - May/June 2013

In This Issue: *Chemicals: - Governments agree on global ban on flame retardant HBCD - Proposal to remove inconsistencies from Biocides Regulation - Commission extends exemption for lead in vehicle...more

Shale Update: Is Britain on the cusp of a shale gas boom?

Supply to more than meet demand - It was recently reported that iGas studies show that sites in the north-west of England contain much larger shale gas resources than previously anticipated. These studies indicate that...more

REMIT Set to be Enforced in the UK

If the UK Government meets the implementation deadline of 28 June 2013, then the United Kingdom will be one of the first EU Member States to implement the EU regulation on wholesale market integrity and transparency (REMIT). ...more

Paris Energy Series No. 7: Take-or-pay Conditions in Gas Supply Agreements

I. Introduction - Take-or-pay provisions are now fairly common in long-term offtake and supply agreements in the energy sector, a notable example being gas supply agreements. In essence, take-or-pay provisions...more

Anti-Corruption Law And The Oil And Gas Industry: Evolutions In Both Demand Vigilance

Businesses in the oil and gas industry are cautioned to pay careful attention to evolutions in anti-corruption law in the jurisdictions where they operate. The U.S. government has successfully enforced the Foreign Corrupt...more

New Anti-Corruption Provisions in EU Legislation: Increased Accountability for Mining, Oil and Gas Companies

Large non-listed companies incorporated in the European Economic Area (“EEA”) which operate in the oil, gas and mining sectors will need to annually disclose any payments made to the national, regional or local authority of a...more

Further Changes to NSW Coal Seam Gas Laws

On Tuesday 19 February 2013, the New South Wales (NSW) Government announced a high level package of reforms to coal seam gas (CSG) regulation in NSW. Included in the package endorsed by Cabinet: - the role of the...more

Energy And Environment Update -- February 17, 2013

In This Issue: Energy and Climate Debate; Congress; Department of Defense; Department of Energy; Department of Interior; Environmental Protection Agency; Federal Energy Regulatory Commission; Government Accountability...more

Doing Business In Italy - Step Up Your FCPA Compliance Now

Former Italian Prime Minister Silvio Berlusconi is no stranger to scandal and controversial statements, but lately his words and actions seem to be providing cause for concern outside of the European Union....more

Energy Newsletter - February 2013

In This Issue: - DISPUTE RESOLUTION: - International Arbitration: EU Member State Defends Measures Adverse to Energy Sector Investments on the basis of EU law - REGULATORY: - Competition Law/Russia: Russia...more

Skadden's 2013 Insights

We are pleased to provide a collection of commentaries on the critical legal issues facing our clients in 2013. There is hope that global economic and market conditions will continue to improve despite ongoing...more

Energy Newsletter - January 2013

In This Issue: - TRANSACTIONAL: Corporate/London; Maritime - Maritime Boundaries: UNCLOS and disputes over the right to explore and develop offshore reserves and the effect on the oil and gas industry -...more

EU defines scope of expanded Iran sanctions, including new natural gas, metals and vessels/ tankers bans

On 21 December 2012, the Council of the European Union (EU) adopted the EU-wide legislation clarifying important details of the expanded sanctions measures already agreed by the Council in broad terms on 15 October 2012.1...more

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