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The OFAC has imposed a new set of ‘sectoral sanctions’ against two Russian energy firms and two Russian banks pursuant to Executive Order 13662.
Allen & Overy has advised on on the $5.5bn (£3.3bn) STAR Rafineri project financing — Turkey’s largest ever project financing.
Allen & Overy has acted for the lenders consortium in a project to develop a 600MW offshore wind farm.
Allen & Overy has marked the launch of Gas Price Arbitrations: A Practical Handbook with debate on merits of gas price arbitrations.
Jeffrey Sullivan, arbitration partner at Allen & Overy, was recently invited by the ICSID secretary-general to speak at the Energy Charter Treaty Conference.
On 28 March 2014, three new EU public procurement directives were published in the Official Journal of the European Union.
Allen & Overy advised Macquarie in a complex transaction that led to Macquarie being named winner of the Acquisition of the Year Energy & Natural Resources award.
Allen & Overy has advised on the financing of upgrades at the Patnów Power Plant I and the refinancing of Zespól Elektrowni Patnów-Adamów-Konin SA’s existing indebtedness.
Allen & Overy has acted as Australian and international counsel to the export credit agencies and commercial lenders on the financing of the integrated Roy Hill iron ore project.
Allen & Overy claims it has completed a clean sweep of all overall legal adviser awards possible, in addition to topping the major league tables in 2013.
Where parties to a contract wish to exclude claims for damages under s50 Sale of Goods Act 1979, said contract must contain clear and specific wording to that effect.
Allen & Overy is to hold a debate and reception to celebrate the launch of the book Gas Price Arbitrations edited by Mark Levy, a partner in the firm’s arbitration group.
Allen & Overy has advised the shareholders of Entelios on the sale of all shares to EnerNOC, a NASDAQ-listed provider of energy intelligence.
Allen & Overy partner Jeffrey Sullivan will be speaking at the International Energy Arbitration conference, which will take place on 20–21 February in Houston, Texas.
Allen & Overy has advised Xe-Pian Xe-Namnoy Power Company and its sponsors in connection with the $1.02bn 410MW Xe-Pian and Xe-Namnoy cross-border hydropower project.
An emissions trading system (ETS) exists within the European Union, established by Directive 2003/87/EC.
Allen & Overy’s Jeffrey Sullivan is speaking at the Energy Charter Treaty Conference, ‘20 Years of the Energy Charter Treaty’, on 7 March in Paris.
Allen & Overy has advised NEXI and a syndicate of commercial banks on the $1.43bn debt financing of the Az Zour North IWPP.
Allen & Overy partner Jeffrey Sullivan and counsel Prof Leigh Hancher are set to speak at the EUI Florence School of Regulation 2013 Forum.
In the next decade, a fifth of existing UK generating capacity will come offline. DECC estimates electricity demand growth of 30–100 per cent by 2050.