Commercial clauses for energy lawyers

Introduction

This is an overview of the key content to be found in our Energy subtopic Commercial clauses for energy lawyers. It briefly explains the nature of this content and provides links to it.

Practice Notes

•
Force majeure and frustration in offshore oil and gas drilling, decommissioning and service contracts in response to a significant market disruption provides guidance to offshore oil and gas industry participants who seek to rely on force majeure or frustration relief in relation to their offshore oil and gas drilling, decommissioning and service contracts, as a result of a significant market disruption, such as coronavirus (COVID-19). It provides an overview of force majeure and frustration under English law, includes practical considerations and steps in relation to claiming such relief, and analyses the application of relevant provisions in a sample of commonly used industry contracts
•
Force Majeure in oil and gas contracts provides an overview of the main considerations which arise when drafting and negotiating a force majeure clause, focusing in particular on the issues which typically arise when considering such clauses within the oil and gas industry as well as on

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

TAKE A FREE TRIAL

Latest Energy News

DESNZ announces plans to consult on space heating product standards

The Department for Energy Security and Net Zero (DESNZ) has published a summary of proposals aimed at improving product standards for space and combination heaters. These proposals seek to update ecodesign and energy labelling legislation to facilitate heat electrification, reduce fossil fuel consumption, ensure legislative effectiveness, and improve energy labels. DESNZ intends to launch a consultation on these proposals by the end of 2024, once the draft statutory instrument is ready for publication.

Questions & unsatisfactory answers—the European Commission publishes guidance on the importer requirements of the EU Methane Regulation

EU Law analysis: Alex Kerr, partner at Baker Botts LLP, examines the European Commission’s Q&A document on the importer requirements of the EU Methane Regulation.

Ofgem announces energy price cap increase for Quarter 1 of 2025

Ofgem has announced a 1.2% increase in the energy price cap for the first quarter of 2025, covering 1 January to 31 March 2025, setting the new cap at £1,738 annually for an average household paying by Direct Debit for dual fuel. This represents a £21 increase per year but remains 10% (£190) cheaper than the cap for January-March 2024 (£1,928) and 57.2% (£2,321) below the peak during the 2023 energy crisis. Ofgem also highlighted increased market competition, with 1.5 million households switching tariffs over the past three months and eight suppliers offering rates at least 10% below the cap.

OEUK publishes offshore wind decommissioning guidelines

Offshore Energies UK (OEUK) has published its first set of guidelines for decommissioning offshore wind turbines. The guidelines provide an overview of relevant regulations and best practices for technical design and environmental protection measures. Key considerations include cost-effective methods, workforce safety, and environmental impact assessments. They also emphasise the importance of monitoring seabed changes throughout a turbine's lifespan and integrating decommissioning planning into the design of new turbines.