The Character of Petroleum Licences


Book Description

This innovative book explores the legal character of petroleum licences, a key vehicle governing the relationship between oil companies and their host states. Examining the issue through the lens of legal culture, it illustrates why some jurisdictions exert strong state control and others only minimal.




The Nature of Petroleum Licenses


Book Description

This innovative book explores the legal character of petroleum licences, a key vehicle governing the relationship between oil companies and their host states. Examining the issue through the lens of legal culture, it illustrates why some jurisdictions exert strong state control and others only minimal. Critically investigating the nature of a petroleum licence, the book analyses whether it is a mere administrative right, a contract or something more akin to property rights. Chapters examine recent developments, such as the UK's strategy of maximizing economic recovery and the opposition to drilling for oil in Norway and Australia. Outside of Western petroleum jurisdictions, the book also explores several long-established jurisdictions including Russia and Mexico, as well as emerging jurisdictions, such as China and Uganda. Taking a contextual and system-oriented approach, it reveals the preconditions of the petroleum licence regime and offers a critical insight into the reasons behind alterations to the terms of the licences. Encompassing a wide variety of legal cultures and experiences, this thought-provoking book will prove to be a valuable resource for academics and students of energy law, particularly those with an interest in state regulation. It will also provide useful insights for industry-based practitioners.




Oil, the State, and Federalism


Book Description

John Erik Fossum explores the reasons for the federal government's intervention in the energy industry between 1973 and 1984 and shows how its initial objectives failed, culminating in the privatization of Petro-Canada in 1990.




Regulation of the Upstream Petroleum Sector


Book Description

This discerning and comprehensive work will be a useful entry point for students embarking on study in petroleum law. Academics will find this timely examination to be an indispensible overview of upstream operations. Practitioners will find this book




Offshore Wind Licensing


Book Description

This incisive book provides a timely and magisterial analysis of offshore wind licensing processes and their regulation from a global perspective. It not only explores the concept of licensing and the governance frameworks and backgrounds in which licensing rules are developed, but also looks at the crucial legal challenges facing the licensing of offshore wind farms that regulators, legislatures, operators, and legal practitioners are likely to encounter.




Property and the Law in Energy and Natural Resources


Book Description

The law of energy and natural resources has always had a strong focus on property as one of its components, but there are relatively few comparative, book-length, treatments of both property law and energy and natural resources law. The aim of this edited collection is to explore the multiple dimensions of the contemporary relationship between property and energy and natural resources law. Its genesis was the growing resurgence of global interest in questions of property in energy and resources and how it manifests itself across legal regimes around the world. With an international and comparative character, the collection seeks to capture differences in the meaning of property, and the different views about the role it should play in a diverse range of contexts: civil law and common law; the law of indigenous communities; public law and private law; and national and international law. Key issues discussed include private rights and common property situations, privatization and regulation, competition for land use and resources, the role of property rights in environmental protection, and the balance between national sovereignty and the security of foreign investment. The collection thus has relevance for a wide readership interested in the legal dimensions of property as an increasingly important aspect of the law for energy and resources across diverse countries, and at the international level. The contributors are established experts in the energy and natural resources law field, and the collection builds upon a body of previous collaborative work in this area.




A Guide to Oil Marginal Field Law


Book Description

This book offers unique insight regarding the Nigerian government oil marginal field farm-out exercise which raised international concern over its ability to be fair, justified, and legal whilst requiring a cautionary application to avoid driving away investors. It demonstrates the prudence in developing oil marginal fields alongside renewable energy to aid the development and gradual switch to renewable energy. It traces the authority behind natural resources development and foreign direct investment in resolutions and policy statements of the UN and OPEC. It discusses petroleum business arrangements and Nigerian oil marginal field regulations, and reviews Nigerian marginal field development. Concluding the legality of the government farm-out exercise was drawn from a combination of the United Nations resolutions on developing countries sovereignty over natural resources and declaratory statements of the OPEC on member countries making policy development to take charge of their natural resources.




The Taxation of Companies 2022


Book Description

This flagship title, also known as "Feeney", provides the most comprehensive analysis and commentary available on the taxation of companies in Ireland. Written by Tom Maguire, this new edition is updated to the Finance Act 2021. An extremely practical book, it features detailed worked examples and extensive references to case law throughout the work. The guidance and advice outlines how to successfully apply the new tax reliefs, keeping your client's tax liabilities as low as possible. This title is included in Bloomsbury Professional's Irish Tax online service.




The Regulation of Decommissioning, Abandonment and Reuse Initiatives in the Oil and Gas Industry


Book Description

In the process of resolving disputes, it is not uncommon for parties to justify actions otherwise in breach of their obligations by invoking the need to protect some aspect of the elusive concept of public order. Until this thoroughly researched book, the criteria and factors against which international dispute bodies assess such claims have remained unclear. Now, by providing an in-depth comparative analysis of relevant jurisprudence under four distinct international dispute resolution systems – trade, investment, human rights and international commercial arbitration – the author of this invaluable book identifies common core benchmarks for the application of the public order exception. To achieve the broadest possible scope for her analysis, the author examines the public order exception’s function, role and application within the following international dispute resolution systems: relevant World Trade Organization (WTO) agreements as enforced by the organization’s Dispute Settlement Body and Appellate Body; international investment agreements as enforced by competent Arbitral Tribunals and Annulment Committees under the International Center for Settlement of Investment Disputes; provisions under the Inter-American Convention of Human Rights and the European Convention of Human Rights as enforced by the Inter-American Court of Human Rights and the European Court of Human Rights, respectively; and the New York Convention as enforced by national tribunals across the world. Controversies, tensions and pitfalls inherent in invoking the public order exception are elucidated, along with clear guidelines on how arguments may be crafted in order to enhance prospects of success. Throughout, tables and graphs systematize key aspects of the relevant jurisprudence under each of the dispute resolution systems analysed. As an immediate practical resource for lawyers on any side of a dispute who wish to invoke or strengthen a public order exception claim, the book’s systematic analysis will be welcomed by lawyers active in WTO disputes, international investment arbitration, human rights law or enforcement of foreign arbitral awards. Academics and policymakers will find a signal contribution to the ongoing debate on the existence, legal basis, content and functions of the transnational public order.




The Taxation of Companies 2018


Book Description

This key book provides the most comprehensive analysis and commentary available on the taxation of companies in Ireland. This new edition is updated to the Finance Act 2017. An extremely practical book, it features detailed worked examples and extensive references to case law throughout the work. The guidance and advice outlines how to successfully apply the new tax reliefs, keeping your clients' tax liabilities as low as possible. Contents Chapter 1 Introduction & Outline Chapter 2 Interpretation Chapter 3 Charge to Corporation Tax Chapter 4 Losses, Collection of Tax at Source and Charges on Income Chapter 5 Capital Allowances Chapter 6 Transfer Pricing Chapter 7 Corporation Tax Incentive Reliefs Chapter 8 Group Relief Chapter 9 Companies' Capital Gains and Company Reconstructions Chapter 10 Close Companies Chapter 11 Distributions, Buy-back of Shares Chapter 12 Special Types of Companies Chapter 13 Special Types of Business Chapter 14 Double Taxation Relief Chapter 15 Self-Assessment and Administration