1419 Search Results for
  • Increase and extension of Energy Profits Levy

    United KingdomScotland 17.11.2022
    The UK government has today announced a 10% increase in the energy profits levy applying to profits from UK oil and gas activities, taking it from 25% to 35%. The end date for the levy has also been extended...
  • Oil, gas and commodities: Force majeure

    England and Wales 15.11.2022
    In MUR Shipping BV v RTI Ltd [2022] EWCA Civ 1406 the Court of Appeal overturned the Commercial Court’s judgment and found that a ‘reasonable endeavours’ obligation in a force majeure...
  • UK Government publishes Energy Bill Relief Scheme rules

    United KingdomScotland 11.11.2022
    Forming part of the Government’s response to the current energy crisis, the Energy Prices Act (the “Act”) received royal asset on 28 October 2022. The Act grants the Secretary of State...
  • The Energy Prices Bill: Rethinking the Liberalised Model

    England and Wales 19.10.2022
    The Energy Prices Bill (the “Bill”) was introduced as emergency legislation to Parliament on 12 October 2022 and represents or mandates the Government’s proposed response to the energy...
  • CMS Annual Review of developments in English oil and gas law

    England and Wales 10.10.2022
    Welcome to the 2022 edition of the CMS Annual Review of developments in English oil and gas law, featuring commentary and analysis on the latest developments in English oil and gas law. This year’s...
  • The Climate Change Checkpoint Design

    United KingdomScotland 04.10.2022
    In tandem with the North Sea Transition Deal (“NSTD”), aimed at supporting the UK’s oil & gas sector through a period of transition to decarbonise North Sea production and encourage...
  • Energy storage trends - Spotlight on Poland

    Poland 20.09.2022
    Introduction Poland has one of the fastest growing renewable energy markets in Europe. The dynamic expansion of new RES investments is evident in both photovoltaic and wind (including off-shore wind power)...
  • NSTA’s new guidance on Supply Chain Action Plans

    United KingdomScotland 08.09.2022
    The North Sea Transition Authority (“NSTA”) recognised early in its existence that the oil & gas industry’s supply chain has a key role to play in supporting delivery of its Maximising...
  • Oil & Gas: Contractual protections in scrapping decommissioned oil assets – revisited 

    England and Wales 05.09.2022
    The reputational risks of decommissioning assets have again hit the news. It is an important reminder of the importance of having the proper contractual protections in place when preparing to scrap decommissioned...
  • Poland strengthens its gas security with new law

    Poland 01.09.2022
    On 15 August 2022, a new act strengthening Poland’s gas security was signed into law by the President of Poland[1] (the Act). As legislative amendments like this are particularly important for state...