Investments in Energy: The Case for Oil and Gas [In a Nutshell]

Joining William Powell and Joseph Murphy of Natural Gas World, Lewis McDonald discusses what the future now looks like in terms of investments in energy, namely oil and gas. Given the burgeoning global population, rising standards of living and climate goals, there has been a serious increase in awareness and concern in global climate change around the world. The environmental, social and governance (ESG) agenda is now at the top of many companies’ priorities though currently appearing to mainly affect companies in Europe and less so in Asia. Prior to the outbreak of the Covid-19 pandemic, ESG was the major issue being discussed in board rooms. With about 12,000 entities, together controlling around $14 trillion, divesting or wanting to divest from fossil fuels primarily based on consumer demand and consumer sentiment and where the laws and regulation are heading, we have seen rather a chilling effect on investment in the oil and gas sector – and the big question is ... where does it all go from here… Read more

A SPECIAL, GLOBAL, EDITION OF THE EUROPEAN ENERGY HANDBOOK

We are delighted to present an update to our European Energy Handbook. The European Energy Handbook usually reports on regulatory, legal and market developments in the European energy sector. However, these are not usual times as the COVID-19 pandemic is creating significant health, social and economic challenges worldwide, forcing governments and businesses to critically assess the impact on their people, operations and governance. In many jurisdictions, governments have made available support schemes for businesses in an effort to mitigate the consequences of the pandemic on their businesses. In this special edition, we cover 52 jurisdictions across the globe. Read more

EUROPEAN ENERGY HANDBOOK 2019 – 2020

Now in its eleventh edition, the European Energy Handbook 2019 - 2020 provides an in-depth survey of current issues in the energy sector in 42 European jurisdictions.
This year's edition focuses on recent legal and commercial developments in each jurisdiction, and covers issues such as the Energy Union, the adoption of the latest package of EU energy legislation, and the 'Clean Energy for All Europeans' bundle of directives and regulations updating the EU's energy policy framework to facilitate the decarbonisation of the sector and the transition towards cleaner energy. Climate change, the energy transition and associated challenges are...
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FEDERAL GOVERNMENT REVIVES ITS CONTROVERSIAL ELECTRICITY MISCONDUCT BILL

The Federal Government re-introduced its much-criticised ‘big stick’ energy laws this month after having abandoned the first iteration of the bill in December 2018. On 19 September the Government introduced the Treasury Laws Amendment (Prohibiting Energy Market Misconduct) Bill 2019 into the House of Representatives. The Bill introduces sector specific misconduct provisions into the Competition and Consumer Act for certain retail pricing, financial contracting and wholesale bidding conduct by electricity generators and retailers. The Bill also introduces radical remedies for contraventions of these provisions ... Read more

A LEADERSHIP ROLE FOR SUPER FUNDS IN SOLVING AUSTRALIA’S ENERGY TRILEMMA?

On 29 June 2019, Industry Super Australia (ISA) released its Modernising Electricity Sectors Discussion Paper (the Paper) which seeks to assist super funds in understanding and navigating the regulatory uncertainty in investing in the Australian electricity sector. More specifically, it aims “to provide decision-makers and other long-term investors with a framework for thinking through lumpy investment decisions” in the electricity sector. The release of this Paper is particularly timely given that, in June of this year, IFM Investors and ... Read more