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Foreign Investment Petroleum

Bracewell LLP

VAT and Customs Duty Increases in Saudi Arabia – Implications for Investment into the Kingdom

Bracewell LLP on

The old adage that nothing is certain except for death and taxes has, until recently, told only half the story in Saudi Arabia. As the world’s largest exporter of petroleum, the Kingdom has amassed such vast profits from the...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: October 2019 #3

Pennsylvania, CNX Reach $1.48M Settlement on Abandoned Wells - "The order covers 141 conventional wells and five shale gas wells in Allegheny, Washington, Greene and Westmoreland counties." Why this is important: The...more

White & Case LLP

Peak performance: US M&A in 2018: Stability in early 2018 fuels oil and gas M&A

White & Case LLP on

A stable oil price (for the majority of 2018) saw deal value climb in the energy, mining and utilities sector in 2018, despite volume falling. Energy, mining and utilities deal value climbed by 34 percent to US$350.1...more

Jones Day

Investor Incentives in Focus as Cameroon Launches Oil and Gas Bidding

Jones Day on

The Situation: Cameroon has announced a bidding process pertaining to licensing rights for oil and gas blocks located in the Rio del Rey and Douala/Kribi-Campo Basins. The Development: The oil and gas rights include a...more

Dechert LLP

Mexico Opens Up Its Energy Industry: The Liberalization of Mexico’s Energy Sector May Lead to New Opportunities for Investors

Dechert LLP on

Mexico’s president, Enrique Peña Nieto, introduced a reform in August 2013, according to which the Mexican state will give up absolute control over the supply of oil, gas and electricity. The relevant bill changing the...more

King & Spalding

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

King & Spalding on

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

Morgan Lewis

Canadian Government Approves CNOOC’s Acquisition of Nexen

Morgan Lewis on

Monumental US$15.1 billion acquisition results in the largest foreign acquisition by a Chinese company to date. On December 7, the Canadian government approved the acquisition of Calgary, Alberta–based petroleum company...more

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