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
With global oil and gas demand forecast to grow and huge exploration potential across and offshore the continent, Africa is an increasingly attractive destination for upstream investment. In this chapter for Upstream Oil and...more
The 2023 United Nations Climate Change Conference (“COP28”) reached a significant development in international climate policy, ending with the “first Global Stocktake” calling for a “transition away from fossil fuels in...more
The 28th Conference of the Parties (or “COP28”) to the UN Framework Convention on Climate Change (“UNFCCC”) at Expo City in Dubai has ended with an agreement described by COP28 president Dr Sultan Ahmed Al Jaber as “historic”...more
In an historic turn of events at the 27th annual conference of the parties (or COP) to the UN Framework Convention on Climate Change (UNFCCC) hosted by Egypt in November 2022, nations rallied to address the realities of...more
11/21/2023
/ Carbon Emissions ,
Climate Change ,
COP ,
Disclosure Requirements ,
EU ,
Greenhouse Gas Emissions ,
IFRS ,
Inflation Reduction Act (IRA) ,
Oil & Gas ,
Renewable Energy ,
UNFCCC ,
United Nations
Energy and natural resources is a fast-changing sector. Climate change, renewable energy, diversification and oil prices are all having an effect. Interviewees at Vinson & Elkins tell us what lawyers working in this area...more
The Global Methane Pledge (GMP) was one of the few headline commitments announced at COP26. The response to the GMP indicates that tackling methane emissions is now firmly on the agenda for the petroleum...more
2/7/2022
/ Carbon Emissions ,
Clean Air Act ,
Environmental Policies ,
EU ,
European Commission ,
European Investment Bank (EIB) ,
Green Climate Fund (GCF) ,
Methane ,
Oil & Gas ,
Oil Wells ,
Popular
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
In a recent decision, TAQA Bratani Limited & Ors v RockRose UKCS8 LLC [2020] EWHC 58 (Comm), the English High Court held that an express contractual right in a joint operating agreement for non-operators to remove the...more