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Oil & Gas - Investing in Nigeria - Reformed Petroleum Law enters into force

Africa, Global, Nigeria - January 28 2022 With a GDP in 2020 of just over US$450bn, Nigeria is by some stretch the largest economy in Africa (with Egypt in second place with a GBP of just…

Firas Albani, David Rutherford

Oil & Gas: No damages awarded for breach of capacity obligation in take or pay arrangement

United Kingdom - March 9 2021 In British Gas Trading Limited v Shell UK Limited & Anor [2020] EWCA Civ 2349, the Court of Appeal considered the 'ramp down' provisions of two 'take…

Phillip S. Ashley, David Rutherford, Madeleine Young

Oil & Gas: Protecting your position in a falling market

United Kingdom - March 10 2020 With the headlines on the Front Page of yesterday’s Financial Times predicting an “oil price war” and Brent diving to US$31/bbl at just after 4am UK…

Phillip S. Ashley, Emma Riddle, Randall Walker, Norman Wisely

Oil and Gas M&A: No unfair prejudice to reduce sale price

United Kingdom - March 6 2020 In Albion Energy Ltd v Energy Investments Global BRL [2020] EWHC 301 (Comm) the Commercial Court refused to allow the buyer of a remaining minority…

Phillip S. Ashley, Sam Preater, Jonathan Woolf

Coronavirus and Force Majeure

China, Global - February 7 2020 The World Health Organisation Director General’s recent declaration that the global outbreak of the coronavirus is a “public health emergency of…

John Geddes, Marc Rathbone, Alexandra Scott, Randall Walker