Bracewell & Giuliani

Powered by the attorneys of Bracewell & Giuliani, Energy Legal Blog® is your resource for updates and analysis on national and global energy issues.
  1. What Constitutes a Reasonable and Prudent Operator?

    Friday, November 13, 2015 9:18 am by , and

    The English Commercial Court interprets the definition of the standard of a “Reasonable and Prudent Operator” in the context of a dispute relating to long term gas sales agreements

    The phrase “reasonable and prudent operator” is frequently used in commercial contracts in the oil and gas industry to specify the standard at which a party must perform a particular obligation (or group of obligations).  Helpfully, contracts often define the phrase in order to give the content of that standard greater substance, albeit a definition that inevitably imports a degree of subjective judgement. (more…)

  2. The UK’s New Reporting Obligations on Modern Slavery and Human Trafficking

    Friday, October 30, 2015 2:30 pm by and


    A “Race to The Top” to Tackle an Atrocious Global Problem


    Companies or partnerships carrying on business in the UK with an annual turnover of £36 million (around US$55.5 million) or more will now, for the first time, be required to publish an annual statement setting out the steps they have taken to ensure that there is no modern slavery or human trafficking in their own business and their supply chains.

    This is not sector specific such that only banks or energy companies (for example) are impacted.  This is relevant for all companies who fall within these new reporting obligations.  (more…)

  3. Webinar – Pakistan’s Renewable FiT: What Developers and Lenders Need to Know

    Tuesday, June 16, 2015 9:36 am by

    478926805_SolarOn Monday 15th June, Bracewell & Giuliani, Khalid Anwer & Co and the Middle East Solar Industry Association hosted a webinar – Pakistan’s Renewable FiT: What Developers and Lenders Need to Know, which was attended by sponsors, lenders and other key stakeholders. (more…)

  4. Mexico’s National Hydrocarbons Commission Issues Round One’s Third Bid For Onshore Fields

    Thursday, May 14, 2015 4:36 pm by , and

    Mexico’s National Hydrocarbon Commission (Comisión Nacional de Hidrocarburos) (“CNH”) announced on May 11 the terms for the third bid of Round One. Unlike the two earlier bids which covered 19 shallow water areas, the third bid covers 26 onshore areas that contain approximately 2.5 billion barrels of oil equivalent (BOE) most of them with 3P reserves. (more…)

  5. Egypt: floating regasification to solve gas shortages

    Wednesday, May 13, 2015 8:20 am by

    Facing shortages in its domestic gas supplies, the Egyptian Natural Gas Holding Company (EGAS), Egypt’s state-owned gas company, has opted to install floating regasification facilities in the Ain Sokhna port and received its first LNG cargo in April 2015. This article considers why floating regasification offered an effective solution to the supply challenges faced in Egypt, as well as exploring some of the wider reasoning that lies behind the recent surge in global use of such facilities. (more…)

  6. Progress Report: Shale Play in Algeria

    Tuesday, May 12, 2015 2:50 pm by and

    Legal basis

    The 2013 amendments to Algeria’s 2005 Hydrocarbon Law (the “Law”) provided a legislative framework for the exploration and production of unconventional hydrocarbons. In addition to wider changes to the Law designed to revive foreign investment in Algeria’s oil and gas sector, the amendments were expected to kick-start exploitation of Algeria’s estimated 707tcf and 5.7 billion barrels of technically recoverable shale gas and oil reserves (estimated to be the world’s third largest)[1].   (more…)

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