The Journal of World Energy Law & Business最新文献_第10页

Time for action: article on Peruvian Upstream industry and the need for competent governmental authorities to take effective actions to defend oil and gas investment 行动时间:关于秘鲁上游工业的文章，以及主管政府当局采取有效行动保护石油和天然气投资的必要性

The Journal of World Energy Law & Business Pub Date : 2019-10-01 DOI: 10.1093/jwelb/jwz023

Rocío La Torre Pizarro

{"title":"Time for action: article on Peruvian Upstream industry and the need for competent governmental authorities to take effective actions to defend oil and gas investment","authors":"Rocío La Torre Pizarro","doi":"10.1093/jwelb/jwz023","DOIUrl":"https://doi.org/10.1093/jwelb/jwz023","url":null,"abstract":"\u0000 Over the last few years Peru has worked hard to become an important receptor of foreign investment. The oil and gas sector in Peru considers foreign investment crucial for sustaining its development. This article explores how the lack of action attributable to key governmental entities is driving the oil and gas industry in Peru to a critical situation that over time may result in foreign investment walking away from Peru.\u0000 The article presents key governmental actors' roles, regulation and the general framework of Peru's oil and gas scenery. Public sources, statistics and records released by the key governmental actors are also presented for evidencing the negative results obtained in the Peruvian oil and gas industry as a consequence of the current administration's lack of adequate action. Reference is also made to some public specific cases to serve as examples to the reader.\u0000 It is hoped that this article serves to remind the oil and gas community of the relevance of the role of governmental entities not only in attracting new foreign investment to a country for the signing of new licence agreements, but also the important role that said entities have during the execution of the licence agreements. Finally, we hope that the Peruvian authorities take action and by acting jointly with the Peruvian oil and gas community reverse the current trend in Peru.","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133243011","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Open Uruguay Round: strategy to overcome the challenges of frontier exploration 开放乌拉圭回合:克服边界探索挑战的战略

The Journal of World Energy Law & Business Pub Date : 2019-10-01 DOI: 10.1093/jwelb/jwz028

N. Blánquez, S. Ferro

引用次数: 2

Impacts of the review of the Brazilian local content policy on the attractiveness of oil and gas projects 审查巴西当地内容政策对石油和天然气项目吸引力的影响

The Journal of World Energy Law & Business Pub Date : 2019-10-01 DOI: 10.1093/jwelb/jwz030

William Clavijo, E. D. Almeida, L. Losekann, Niágara Rodrigues

{"title":"Impacts of the review of the Brazilian local content policy on the attractiveness of oil and gas projects","authors":"William Clavijo, E. D. Almeida, L. Losekann, Niágara Rodrigues","doi":"10.1093/jwelb/jwz030","DOIUrl":"https://doi.org/10.1093/jwelb/jwz030","url":null,"abstract":"\u0000 The study assesses the relevance of the recent local content policy (LCP) reforms for the oil sector in Brazil on the attractiveness of investments in exploration and production (E&P), and in terms of employment and income generation. For this, a cash flow of a typical E&P project was simulated in the Brazilian pre-salt environment in a field with reserves of 5 billion barrels of oil equivalent, under the regime of production sharing, adopting the assumptions of government participation of the tender protocol of the Libra field. In addition, in order to estimate the impact of the LCP on the generation of employment and income, the methodology of the Input–Output Model (IOM) was applied. The results indicated that high commitments of local content (LC), in contexts of restricted oil prices, compromise the profitability of E&P projects. In addition, the results showed that a greater volume of investments can more than offset the impact of higher levels of LC in generating employment and income for the country. Finally, the article concludes by arguing that the LCP reforms, undertaken since 2016, were necessary to guarantee the competitiveness of the Brazilian upstream in the current context of the international oil market.","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"22 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130618813","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 3

Decommissioning in Brazil: legal aspects of a technical analysis 巴西退役:技术分析的法律方面

The Journal of World Energy Law & Business Pub Date : 2019-10-01 DOI: 10.1093/jwelb/jwz029

C. Kowarski, M. Souza, R. Souza

引用次数: 2

Protection for natural gas exports to develop Argentina’s unconventional resources potential 保护天然气出口，开发阿根廷的非常规资源潜力

The Journal of World Energy Law & Business Pub Date : 2019-10-01 DOI: 10.1093/jwelb/jwz021

F. A. Macias, Pablo Artagaveytia, Gonzalo Santamaría

引用次数: 1

Is Guyana a new oil El Dorado? 圭亚那是新的石油黄金国吗?

The Journal of World Energy Law & Business Pub Date : 2019-10-01 DOI: 10.1093/jwelb/jwz022

L. Panelli

{"title":"Is Guyana a new oil El Dorado?","authors":"L. Panelli","doi":"10.1093/jwelb/jwz022","DOIUrl":"https://doi.org/10.1093/jwelb/jwz022","url":null,"abstract":"\u0000 The Co-operative Republic of Guyana has become one of the most interesting and dynamic oil producing countries in the world at the start of the 21st century. The country already holds 5 billion barrels of proved reserves, which will certainly grow with new discoveries. Exxon leads a consortium of four companies that have the concession of the Stabroek Block (Liza Field), where nine discoveries have been made so far. Five FPSOs will be operating in the future, one of which is due to arrive in Guyana before the end of 2019 and another is due for 2020. By then, the country will be producing 340,000 barrels a day. This production will double and then reach 1 million barrels a day before the end of the next decade. The challenges and opportunities regarding the Guyanese people are dire. The lack of proper infrastructure is certainly one of the biggest challenges. But it is important to stress that the oil proceeds will transform Guyana into the highest GDP per capita of South America. The political stage is also analysed, since political instability might raise concerns for long-term investors. The Venezuela–Guyana differences regarding the sovereignty of the Essequibo Region are again a cause for concern. Brazil is a key player in supporting the geopolitical stability of South America. Presidential elections will be held in 2019/2020: the dispute will probably be between the current President Granger and the Opposition candidate Irfaan Ali. Guyana has a lot to profit from the wealth brought by oil exploitation, but its people fear the risk of growing corruption.","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129818323","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 5

The case for a new Venezuelan Hydrocarbons Law as the basis of a new Hydrocarbons Policy: unlocking the path for recovery, stabilization and growth 委内瑞拉新碳氢化合物法作为新碳氢化合物政策基础的案例:为复苏、稳定和增长打开道路

The Journal of World Energy Law & Business Pub Date : 2019-10-01 DOI: 10.1093/jwelb/jwz026

J. I. Hernandez, C. Bellorin

引用次数: 0

The making of a new 1000 km Vaca Muerta trunk gas transport pipeline to market destination points: Decree 465/19 and its bidding terms 新建一条1000公里长的Vaca Muerta干线天然气输送管道至市场目的地:第465/19号法令及其招标条款

The Journal of World Energy Law & Business Pub Date : 2019-10-01 DOI: 10.1093/jwelb/jwz027

Luis A. Erize

引用次数: 0

Duties and challenges of the regulation related to decommissioning and abandonment of oil wells in Colombia 在哥伦比亚，与油井退役和废弃相关的监管职责和挑战

The Journal of World Energy Law & Business Pub Date : 2019-10-01 DOI: 10.1093/jwelb/jwz025

María-Eugenia Boza, Ana Paola Gutierrez Rico

{"title":"Duties and challenges of the regulation related to decommissioning and abandonment of oil wells in Colombia","authors":"María-Eugenia Boza, Ana Paola Gutierrez Rico","doi":"10.1093/jwelb/jwz025","DOIUrl":"https://doi.org/10.1093/jwelb/jwz025","url":null,"abstract":"\u0000 Under Colombian petroleum legislation, certain procedures must be applied when an oil well that has been drilled turns out to be dry or must be abandoned due to mechanical problems. In these cases the steps of physical abandonment, dismantling of facilities and restoration must be fulfilled, a situation that can occur in any of the phases of the contract, leading to a variation in the obligations by the concessionaire according to the activities that must be performed in each phase. The Agencia Nacional de Hidrocarburos (ANH by its acronym in Spanish) is the administrator of the hydrocarbon resource in Colombia and within its functions is the concession aire of the areas for the exploration and exploitation of hydrocarbons. This document highlights the role of the ANH as a contractual subject and responsible for compliance with the contractual obligations between the Agency and the concessionaires as well as the rules and regulations established by law. Liabilities may arise in relation to non-fulfilment of these obligations, which have led to a series of solution mechanisms being devised, according to the special nature of the concession.","PeriodicalId":427865,"journal":{"name":"The Journal of World Energy Law & Business","volume":"58 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124511085","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

The decommissioning of oil and gas fields: Egyptian law and policy 油气田的退役:埃及的法律和政策

The Journal of World Energy Law & Business Pub Date : 2019-08-01 DOI: 10.1093/JWELB/JWZ013

M. Elshazly

引用次数: 1