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CNPE's meeting confirms Petrobras pre-empted rights and includes new area in upcoming pre-salt bid round

Brazil - June 21 2017 On 8 June 2017 the Ministry of Mines and Energy (“MME”) held the 34th ordinary meeting of the Brazilian Energy Council (“CNPE”) under which, among...

Pedro Rufino Carvalho, Bruno Chedid.

What does your contract mean? How the courts interpret contracts

United Kingdom - September 9 2015 All too often, a term might seem perfectly clear to the parties when the contract is agreed, but a dispute later arises as to how it is meant to apply...

Gary Milner-Moore, Natasha Johnson.

UK shale gas: consultation on tax proposals published

United Kingdom - July 19 2013 At Budget 2013 the Government announced that a new tax allowance would be introduced to support the development of the UK's shale gas industry. Today...

Julie Vaughan, Simon Tysoe, William Arrenberg, Louise Moore, Stephen Murray.

New powers for Ofgem to investigate and enforce breaches of remit

United Kingdom - June 14 2013 On 6 June 2013 the Department of Energy and Climate Change (DECC) laid a draft Order (SI 20131389) before Parliament, which will grant Ofgem new...

Stephanie Lomax, Karen Anderson.

Ithaca: meaning of appraisal well in context of JOA non-consent right

United Kingdom - July 10 2012 The English High Court has recently decided a Joint Operating Agreement dispute between Ithaca Energy (UK) Limited and North Sea Energy (UK) Limited concerning North Sea Energy's non-consent right in relation to appraisal drilling....

Stephanie Lomax, Simon Tysoe.