January 2021 Issue
Q&A: M&A in the oil & gas sector
FW discusses M&A in the oil & gas sector with Alicia Quesnel at Burnet, Duckworth & Palmer LLP, Norman Wisely at CMS Cameron McKenna Nabarro Olswang LLP, Justin T. Stolte at Latham & Watkins LLP, and Jim Hansen at Opportune Partners LLC.
Upstream oil & gas, the Paris Agreement and climate risk
Gneiss Energy The argument over anthropological causes for our changing climate are all but over. Whether it is the highest temperature ever recorded in Death Valley in California at over 54°C, or the town of Verkhoyansk in the Artic sweltering in 38°C, the signs of our impact on the…
Corporate disclosures of climate-related risks and pursuit of sustainability and climate commitments
Sullivan and Worcester, LLP Corporate disclosures regarding climate change impacts are becoming more prevalent, although not yet universal, and their adoption has been a relatively slow process. This article discusses the impact on corporations of increased pressure from the environmental, social and…
The role of hydrogen in meeting the EU objectives
Enagas The European Green Deal has put the European Union (EU) on a path to become the first climate neutral continent by 2050. This goal will be achieved through the deep decarbonisation of all sectors of our economy. An intermediate 55 percent greenhouse gas emissions (GHG)…
PPA and PWPA extensions – options in a changing market
Trowers & Hamlins Independent power and water projects first appeared in the Middle East in the mid-1990s and have proved hugely successful. In 2019, the top 10 regional developers controlled a generating capacity of 27.5GW spread over 80 projects. However, the earliest of these projects are…
Artificial intelligence in the Canadian oil patch
Burnet, Duckworth & Palmer LLP The Canadian oil and gas industry has experienced unprecedented challenges in recent years. The US shale gas and tight oil boom, and increased production from the Organization of the Petroleum Exporting Countries (OPEC), have resulted in an oversupply of oil and gas on world…
Financing clean energy: unprecedented momentum and opportunity
National Renewable Energy Laboratory Clean energy technologies, particularly solar photovoltaics (PV) and wind, have experienced dramatic cost reductions over the past decade. This is the beginning of an energy transition driven not only by the need to address climate change but also by economics…
Cost recovery and rate mechanisms in a brave new world increasingly impacted by renewables
Sheppard Mullin Goals and mandates to achieve increased clean energy production already cover over a third of the US’s population due to state, city and individual utilities’ actions, and president-elect Biden has endorsed achieving economy-wide net-zero emissions by 2050. These goals are…
Financing the green transition: the evolution of contracts for difference
Pillsbury Winthrop Shaw Pittman LLP Contracts for difference for the energy market (CfDs) were first conceptualised by a white paper in 2011 and subsequently launched in 2014 to replace the renewables obligation (RO). They are a standard form commercial contract entered into by a generator with the…
The energy and natural resources sector: business crime risks and remedies
Rahman Ravelli The energy and natural resources sector is made up of several industries that face differing levels of risk and regulation, from oil & gas to water and waste. But the oil & gas industries attract more instances of high-profile criminal and regulatory investigations and enforcement action…
Currently evolving natural resource risks for renewable energy development
Nossaman LLP Renewable energy development, and associated investment and acquisition, continues at a breakneck pace with no signs of slowing down. Risks under natural resource laws continue to play a prominent role in development and financing. In the past few years…
CONTRIBUTORS
Burnet, Duckworth & Palmer LLP
CMS Cameron McKenna Nabarro Olswang LLP
Enagas
Gneiss Energy
Latham & Watkins LLP
National Renewable Energy Laboratory
Nossaman LLP
Opportune Partners LLC
Pillsbury Winthrop Shaw Pittman LLP
Rahman Ravelli
Sheppard Mullin
Sullivan and Worcester, LLP
Trowers & Hamlins