In a landmark judgment handed down on 20 June 2024, R (Finch) v Surrey County Council and others [2024] UKSC 20, the Supreme Court of the United Kingdom has ruled that “Scope 3” greenhouse gas (GHG) emissions resulting from...more
As nations around the world scramble to lay their hands on new sources of energy to replace their heavy dependence on Russian oil and gas, attention is turning back to Africa’s resource-rich nations. Set back by years of...more
The article examines the JOA’s main provisions, including rights and duties of the operator, operating committee, work programs and budgets, contract awards, greenhouse gas provisions, exclusive operations, default,...more
2/2/2024
/ Anti-Bribery ,
Anti-Corruption ,
Budgets ,
Contract Terms ,
Decommissioned Facilities ,
Economic Sanctions ,
Energy Sector ,
Greenhouse Gas Emissions ,
Human Rights ,
Joint Operating Agreement ,
Transfer of Interest
In February 2023, the Association of International Energy Negotiators (“AIEN”) published the latest version of its Model International Joint Operating Agreement (the “2023 JOA”) and related guidance notes (the “Guidance...more
At the World Energy Capital Assembly (WECA) on November 29, 2021, a panel of experts provided their insights on the ability of companies in the oil and gas sector to access and maintain capital in the current economic and...more
On 29 October 2021, the UK government introduced The Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 20211 (the “Draft Regulations”), which would, once in force, amend the Companies Act of 2006...more
On April 21, 2021, the European Commission adopted a proposal for the Corporate Sustainability Reporting Directive ( “CSRD”). At the core of this proposal is a revision of the Non-Financial Reporting Directive (Directive...more
In December 2020, the Norwegian government approved funding the $1.6 billion Northern Lights project led by Norway’s Equinor, Anglo-Dutch Shell and France’s Total. Northern Lights is the transportation and storage element of...more
4/29/2021
/ Carbon Capture and Sequestration ,
Carbon Emissions ,
Climate Change ,
Energy Projects ,
EU ,
Fossil Fuel ,
Hydrogen Power ,
Norway ,
Oil & Gas ,
Pipelines ,
Popular
On 24 March 2021, the UK government’s Department for Business, Energy & Industrial Strategy (“BEIS”) launched a consultation seeking views on its proposals to mandate climate-related financial disclosures by publicly quoted...more
4/22/2021
/ BEIS ,
Climate Change ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Greenhouse Gas Emissions ,
Information Governance ,
Popular ,
Risk Management ,
Task Force on Climate-related Financial Disclosures (TCFD) ,
UK ,
UK Parliament