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Cover of The Art and Craft of Judgment-Writing: A Primer for Common Law Judges

The Art and Craft of Judgment-Writing: A Primer for Common Law Judges

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Drink and Drug-Drive
Case Notes 4th ed




 P. M. Callow


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Enquiries of Local Authorities
and Water Companies:
A Practical Guide 7th ed



 Keith Pugsley, Ken Miles


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Upstream Petroleum Concessions: Evolution for the Energy Transition


ISBN13: 9780198951438
To be Published: October 2025
Publisher: Oxford University Press
Country of Publication: UK
Format: Hardback
Price: £125.00



For the last seventy years, upstream petroleum concessions have been granted worldwide by states to investors, in order to facilitate petroleum exploration and production for the state's benefit, but at the investor's risk and expense. This process has had to evolve in order to accomodate the increasing transition to net zero carbon forms of energy. This book examines the use of petroleum concessions, provides a guide to how they are granted, and how they could develop to accomodate the energy transition.

The book is split into three parts. Part A focuses on the relationship between the existing forms of concessions and the transition to net zero carbon emissions. It considers the logic from nation states for the use of concessions by states, as well as the form and mechanics for awarding them. Later chapters assess the impact of the transistion to net zero carbon emissions, the risks which it presents to states and investors, alongside examples of state-sponsored withdrawals from future petroleum exploration and production.

Part B offers a guide to the typical content of concessions. It examines the concession's scope, duration, area and how it is modified. The obligations and required standards of both the investor and the state are considered, as well as the fiscal terms (including taxation) and non-fiscal benefits which can accrue to the state under any deal, before considering any constitutional provisions included within the concession.

Subjects:
Energy and Natural Resources Law
Contents:
A: Concessions and the Energy Transition
1:The Logic for a Concession
2:Concession Forms and Mechanics
3:The Energy Transition
4:State-Sponsored Withdrawals

B: The Terms of a Concession
5:Parties, Collateral Support, Governance, Transfers
6:Scope and Duration
7:The Concession Area
8:The Investor's Obligations
9:Fiscal Terms
10:Other Grantor Benefits
11:Constitutional Provisions

C: Evolving Concessions and Sector Developments
12:Modifying Concessions and Concession Awards
13:Promoting Gas Production
14:Promoting the National Oil Company