Our 2014 series on risk and reward in the UK Continental Shelf (UKCS) outlined the challenges being faced by the UKCS oil and gas industry to remain competitive. A consistent theme emerging from industry stakeholders is that significant fiscal and regulatory reform is required to secure the industry’s
Continue Reading Risk and Reward in the UK Continental Shelf: Key Developments in Q1 2015
United Kingdom
Large EU Member States Take National Divergent Measures on Shale Gas Extraction
Member States continue to adopt national and divergent rules on hydraulic fracturing across Europe. Last week, the United Kingdom facilitated hydraulic fracturing operations by adopting its Infrastructure 2015 Act. In contrast, Germany is considering the adoption of a legislative proposal that is intended to be more restrictive than the European…
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NGOs May Sue European Governments for Failure to Comply with EU Mandatory Environmental Standards
In November, the Court of Justice of the European Union (“CoJ”) held once again that NGOs and persons directly concerned may bring legal actions before national courts against EU Member States that fail to comply with EU mandatory environmental standards. The CoJ’s decision (CJEU, C-404/13) concerned the UK…
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Risk and Reward in the UK Continental Shelf: A Three-Part Series
According to the latest Oil & Gas UK Business Sentiment Index, the UK offshore oil and gas industry currently has a pessimistic outlook for the first time since 2009. In this three part series, we consider the factors contributing to the industry’s current mood and efforts to secure maximum…
Continue Reading Risk and Reward in the UK Continental Shelf: A Three-Part Series
Risk and Reward in the UK Continental Shelf: A Three-Part Series
According to the latest Oil & Gas UK Business Sentiment Index, the UK offshore oil and gas industry currently has a pessimistic outlook for the first time since 2009. In this three-part series, we consider the factors contributing to the industry’s current mood and efforts to secure maximum economic…
Continue Reading Risk and Reward in the UK Continental Shelf: A Three-Part Series
Risk and Reward in the UK Continental Shelf: A Three-Part Series
According to the latest Oil & Gas UK Business Sentiment Index, the UK offshore oil and gas industry currently has a pessimistic outlook for the first time since 2009. In this three-part series, we consider the factors contributing to the industry’s current mood and efforts to secure maximum economic…
Continue Reading Risk and Reward in the UK Continental Shelf: A Three-Part Series
Competition Inquiry into the UK Energy Market
When Labour leader Ed Miliband made a promise in September 2013 to freeze household fuel bills for 20 months if he were to win next year’s election, he instantly made energy supply and pricing one of the central election topics in the UK. Prime Minister David Cameron’s immediate response was…
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