Energy and environment

News

Oil

Magic circle duo lead on £2bn Vivo Energy IPO

Freshfields Bruckhaus Deringer and Clifford Chance have taken the lead roles on the stock market listing of Vivo Energy. Vivo provides energy across Africa, running nearly 2,000 Shell-branded service stations. Freshfields won the top role for the company, with a team led by London partners Julian Makin and Sam Newhouse. The pair are co-heads of […]

Shearman raids three firms for Houston launch

Shearman & Sterling has opened its second Texas office, bringing in six partners to Houston in a strategic bid to bolster its oil and gas transactions and projects work. Senior partner David Beveridge has been keen to cultivate Shearman’s corporate presence in the US since he took the role at at the beginning of March. […]

Nuclear power station

Four firms gain spots on Nuclear Decommissioning Authority panel

The Nuclear Decommissioning Authority (NDA) has appointed Eversheds Sutherland, Linklaters, Pinsent Masons, and Gowling WLG to its reviewed legal panel, The Lawyer can reveal. All of the firms on the present lineup have advised the NDA on previous panels according to data from The Lawyer, except Gowling WLG, which is a new addition. The only firm […]

energy

Eight firms win EDF panel spots as roster drops 50%

Energy company EDF Energy has completed its panel review, cutting its roster down by nearly 50 per cent to eight firms. Freshly-merged firms Bryan Cave Leighton Paisner (BCLP) and CMS Cameron McKenna Nabarro Olswang are new additions to the panel, The Lawyer can reveal. When the wheels of the review were still in rotation, BCLP […]

Analysis

Featured Briefings

Energy Update – August 2018

This energy update includes the following white papers: CMA publishes final report on Heat Networks calling for new regulation The first National Infrastructure Assessment is published recommending growth in Green Energy NAO report on package recycling Update on Electric Vehicles Amendment Regulations 2018 – in force 24 July 2018 The Mayor of London’s Energy Efficiency […]

First decisions prohibiting concentrations issued in Bulgaria

On 19 July, 2018 the Bulgarian Commission for the Protection of Competition (the “CPC”) prohibited two concentrations. The first being the sale of the second largest media conglomerate in Bulgaria, Nova Broadcasting Group AD (“Nova Broadcasting”), (owner of Nova TV), to PPF Bidco, (owned by Czech businessman Petr Kellner), and secondly the sale of CEZ’s assets […]

CMA publishes final report on Heat Networks calling for new regulation

On 23 July 2018, the Competition and Markets Authority (CMA) published its final report in its market study into heat networks. The CMA conducted a comprehensive seven-month study to assess whether households are “getting a good deal” and found that new regulation is required in order to protect heat network customers in a similar way to existing […]

Angola: International comparative legal guide to project finance 2018

By Manuel Protásio and Vanusa Gomes Like other countries with a hydrocarbon-based economy, the Angolan economy depends largely on the offshore petroleum industry for 50% of its Gross Domestic Product and 70% of the country’s revenue, and has faced a severe economic setback attributed largely to the significant drop in oil prices in the international markets…

MEES: 1 April 2019 is the new deadline for domestic landlords

By Maria Connolly How much will domestic landlords need to spend on energy improvements? In December 2017, we reported on the consultation on the domestic aspects of MEES Regulations. At the end of July, the summary of responses to the consultation was released. 84% of respondents support a requirement for landlords to spend money in […]

Ukraine: Energy Digest July 2018

On 26 July 2018, Ukraine’s Cabinet of Ministers approved a roadmap to hold international auctions for the sale of special permits (licences) for hydrocarbon exploration and production. Preparation for the first international auction will start in September 2018, with the auction expected to be held in early 2019…

Boost for renewables development in Ireland – new government proposals

By Andrew Ryan The Irish Government has now confirmed its proposals for the next round of support for new renewables development in Ireland. Subject to EU State Aid approval, the Renewable Electricity Support Scheme (RESS) intends to deliver up to 12,000 GW/hrs of generation up to 2030 and contribute to Ireland’s targets under the EU […]

UK parent liability for foreign subsidiaries: Another Court of Appeal case

Whether a UK parent company’s duty of care may extend to foreign subsidiaries was considered in the high profile cases of Lungowe v Vedanta Resources and Okpabi & Ors v Royal Dutch Shell plc & Ors, both of which have been heard at the Court of Appeal and are explained in our earlier briefing.  The Court of Appeal has […]

Will all new cars be green by 2040?

By Maria Connolly The government has stated that its mission is to put the UK at the forefront of the design and manufacturing of zero emission vehicles, and for all new cars and vans to be effectively zero emission by 2040. The Road to Zero, released earlier this month, sets out the policies for achieving […]

Ukraine: Energy Digest June 2018

On 7 June 2018, the draft law “On Ensuring Competitive Terms of Production of Electricity from Renewable Sources” No. 8449 (“Draft Law 8449”) was registered with Ukraine’s parliament. As of 4 July 2018, seven alternative draft laws (Nos. 8449­1 – 8449­7) have also been registered with parliament (“Alternative Drafts”). Five of the seven Alternative Drafts […]

Congo: Revision of mining code

By Olivier Bustin and Pierrick Ferrero Following the actions by the Ivory Coast in 2014, as well as Burkina Faso, Cameroon and Senegal in 2016, who adopted a new mining code, the DRC has recently revised its mining code enacted in 2002…

Draft legislative proposal introduces a minimum price for CO2

The Dutch government has published a draft legislative proposal for consultation that introduces a minimum price for CO2. The minimum price is introduced by way of a tax levied on electricity producers. The tax is levied per ton of CO2 emission. In the proposal, the tax rate per ton CO2 is calculated each year as […]

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