Downstream oil and gas—refining, marketing and sale and purchase of petroleum products

Downstream oil and gas—refining, marketing and sale and purchase of petroleum products guidance:

Licensing and Regulation Regulatory Bodies The former Department of Energy and Climate Change (DECC) (now the Department of Business, Energy and Industrial Strategy...

Practice Note

Governments permit companies to explore for and produce hydrocarbons (crude oil and natural gas) within a defined area under the terms of a concession. The concession...

Practice Note

Introduction The Network and Information Systems Regulations 2018 (NIS Regulations), SI 2018/506, implement in the UK certain EU derived cybersecurity requirements...

Practice Note

What is a force majeure clause Contractual force majeure (FM) clauses contain provisions which, where specified types of unforeseen circumstances beyond a contractual...

Practice Note

Types of gas sales agreements (GSAs) Contracts for the sale of gas may take several forms, including: • term agreements—which provide for the sale and purchase of gas for...

Practice Note

Although differences persist among regional markets, this Practice Note explains that the traditional conception of ‘key stakeholders’ may be opening up to a greater...

Practice Note

What are petrol filling stations? Filling stations traditionally sell petrol, diesel fuel and paraffin that are usually stored in underground tanks of varying capacity....

Practice Note

Structure of the natural gas industry The natural gas industry can be broadly divided into three sectors: • upstream—the upstream sector involves exploration for and...

Practice Note
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