Énergie (Toutes catégories)

eAlerts Récentes

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  09/12/2024

  Emirats Arabes Unis

  Enforceability of unilateral option arbitration agreements in onshore Dubai - the Court of Cassation finally adjudicates

  IntroductionAlthough not commonly adopted in GCC construction contracts, commercial instruments sometimes include a unilateral option arbitration agreement (‘UOAA’). The UOAA essentially allows one party to decide at the time a dispute arises whether it should be resolved through court litigation or arbitration. There may be practical reasons for including a UOAA, or it might be imposed by a party possessing stronger bargaining power seeking to ‘hedge its bets’ against being tied to one dispute resolution method if a dispute occurs.The enforceability of arbitration agreements...

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  06/12/2024

  England and Wales

  Energy performance of buildings consultation launched

  Summary  On 4 December 2024 the Government launched a consultation on reforms to the energy performance of buildings regime. The topics covered include improving the applicability, quality and data usage of energy performance certificates in domestic and non-domestic buildings, refining requirements for energy performance certificates and display energy certificates, and updating the metrics of energy performance certificates. This is an opportunity for the property industry to give its views on reform of the legislative position on the energy performance of buildings. The period for responding...

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  04/12/2024

  Hongrie

  Hungary to introduce new statistical classification for economic activities on 1 January 2025

  As of 1 January 2025, a new version of the statistical industrial classification of activities (NACE’25) will replace the currently applicable classification system (NACE’08). The change was mandated by EU legislation, and as a result from 1 January 2025 economic activities pursued by Hungarian companies must be classified according to the new NACE’25.Hungary’s parliament has just adopted the act outlining the obligations of Hungarian companies regarding the upcoming changes to the activity-classification system specified below.Until 31 January 2025, the National Tax and...

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  28/11/2024

  International

  CMS’s insights on COP29 themes

  The discussions at COP29 Azerbaijan show how difficult it is to achieve global environmental goals. CMS lawyers have been reflecting on the themes of the conference in short videos and articles, housed on the CMS COP29 hub.A summary of CMS’s coverage is below and if you’d like to hear directly from the CMS COP29 delegates, now home from Baku, please join their discussion on Friday 29 November by registering here: CMS at COP29 online sessionBridgett Majola reflects on the need to align climate finance contributions with global needs and the current situation in Africa.Munir Hassan discusses...

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  27/11/2024

  England and Wales

  Energy: The meaning of 'Value' and waiver of termination rights

  In URE Energy Ltd v Notting Hill Genesis [2024] EWHC 2537 (Comm), the English Commercial Court was required to determine the meaning of the word ‘value’ in a termination remedies clause. As the word is widely used in oil and gas, and power contracts the approach of the court will be of interest to energy practitioners. The decision also provides a useful insight into what events may be needed to inadvertently waive a right to terminate. FactsURE Energy Ltd (“URE”) is an energy company. Notting Hill Genesis (“NHG”) is a publicly funded charitable organisation.On...

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  19/11/2024

  Pays-Bas

  Netherlands Court of Appeal Milieudefensie v. Shell decision to have far-reaching implications

  On 12 November, the Court of Appeal in The Hague rendered a landmark judgment in the climate case of Milieudefensie et al. v. Shell, which has garnered worldwide attention given its broader implications for corporate responsibility in addressing climate change. The following article delves into the key elements of the court's decision structured around the seven pillars that guided the judgment and explores the ruling’s potential implications. Climate change and human rights: The court began by affirming that protection against climate change is a fundamental human right. This principle...

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