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Petroleum Act 1998
The Petroleum Act 1998 is an Act of the Parliament of the United Kingdom which consolidated arrangements for the licensing, operation and abandonment of offshore installations and pipelines. As a consolidation Act, it did not change the substantive law, although certain Acts were amended and repealed. Background This was a consolidation Act which brought together a number of enactments on petroleum. It dealt with rights and licences to search for and get petroleum; the application of criminal and civil law to offshore activities; authorisations for submarine pipelines; and the decommissioning of offshore installations and pipelines. The main Acts which were to be consolidated were the Petroleum (Production) Act 1934; the Petroleum and Submarine Pipelines Act 1975; the Oil and Gas (Enterprise) Act 1982; and the Petroleum Act 1987, Parts I and II. The Act vested all rights to the UK’s petroleum resources in the Crown; a right first established by the Petroleum Production A ...
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Lord Chancellor
The lord chancellor, formally the lord high chancellor of Great Britain, is the highest-ranking traditional minister among the Great Officers of State in Scotland and England in the United Kingdom, nominally outranking the prime minister. The lord chancellor is appointed by the sovereign on the advice of the prime minister. Prior to their Union into the Kingdom of Great Britain, there were separate lord chancellors for the Kingdom of England (including Wales) and the Kingdom of Scotland; there were lord chancellors of Ireland until 1922. The lord chancellor is a member of the Cabinet and is, by law, responsible for the efficient functioning and independence of the courts. In 2005, there were a number of changes to the legal system and to the office of the lord chancellor. Formerly, the lord chancellor was also the presiding officer of the House of Lords, the head of the judiciary of England and Wales and the presiding judge of the Chancery Division of the High Court of J ...
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Oil And Gas Authority
The North Sea Transition Authority (NSTA), known as the Oil and Gas Authority (OGA) until March 2022, is a private company limited by shares wholly owned by the Secretary of State for Business, Energy and Industrial Strategy. It is responsible for maximising the economic recovery of oil from the North Sea. It is empowered to license and regulate activity in relation to oil and gas in the United Kingdom, including oil and gas exploration, carbon capture and storage, and offshore gas storage. The NSTA’s role is to take the steps necessary to: Established in April 2015 as an executive agency of the Department for Business, Energy and Industrial Strategy, on 1 October 2016 the Oil and Gas Authority was incorporated as a Government Company, with the Secretary of State for Business, Energy and Industrial Strategy the sole shareholder and headquartered in Aberdeen with another office in London, which is also its registered company address. As of the 6 March 2019, Tim Eggar is t ...
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History Of The Petroleum Industry In The United Kingdom
History (derived ) is the systematic study and the documentation of the human activity. The time period of event before the invention of writing systems is considered prehistory. "History" is an umbrella term comprising past events as well as the memory, discovery, collection, organization, presentation, and interpretation of these events. Historians seek knowledge of the past using historical sources such as written documents, oral accounts, art and material artifacts, and ecological markers. History is not complete and still has debatable mysteries. History is also an academic discipline which uses narrative to describe, examine, question, and analyze past events, and investigate their patterns of cause and effect. Historians often debate which narrative best explains an event, as well as the significance of different causes and effects. Historians also debate the nature of history as an end in itself, as well as its usefulness to give perspective on the problems of the p ...
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Energy Law
Energy laws govern the use and taxation of energy, both renewable and non-renewable. These laws are the primary authorities (such as caselaw, statutes, rules, regulations and edicts) related to energy. In contrast, energy policy refers to the policy and politics of energy. Energy law includes the legal provision for oil, gasoline, and "extraction taxes." The practice of energy law includes contracts for siting, extraction, licenses for the acquisition and ownership rights in oil and gas both under the soil before discovery and after its capture, and adjudication regarding those rights. Renewable energy law International law There is a growing academic interest in international energy law, including continuing legal education seminars, treatises, law reviews, and graduate courses. In the same line, there has been growing interest on energy-specific issues and their particular relation with international trade and connected organizations like the World Trade Organizatio ...
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Dentons
Dentons is the largest multinational law firm in the world. Dentons was ranked as the world's 4th- largest law firm by revenue, with $2.9B gross revenue by Global 200 ranking in the fiscal year 2021. The firm is called Dentons in all languages other than Chinese, in which it is called 大成 (Dacheng). Dentons was founded in March 2013 by the merger of SNR Denton, Fraser Milner Casgrain and Salans. Following its merger with Chinese law firm Dacheng in November 2015, Dentons became the largest law firm in the world by number of lawyers and has the most offices of any law firm in the world, covering every continent. As of 2020, Dentons operates in 77 countries, has 190 offices. The firm has no headquarters, although the firm's senior leadership are primarily based in Beijing, London and Washington D.C. Dentons is structured as a Swiss Verein called Dentons Group (a Swiss Verein), which does not itself provide legal services. The verein encapsulates multiple co-operating lega ...
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Oil And Gas Industry In The United Kingdom
The oil and gas industry plays a central role in the economy of the United Kingdom. Oil and gas account for more than three-quarters of the UK's total primary energy needs. Oil provides 97 per cent of the fuel for transport, and gas is a key fuel for heating and electricity generation. Transport, heating and electricity each account for about one-third of the UK's primary energy needs. Oil and gas are also major feedstocks for the petrochemicals industries producing pharmaceuticals, plastics, cosmetics and domestic appliances. Although UK Continental Shelf production peaked in 1999, in 2016 the sector produced 62,906,000 cubic metres of oil and gas, meeting more than half of the UK's oil and gas needs. There could be up to 3.18 billion cubic metres of oil and gas still to recover from the UK's offshore fields. In 2017, capital investment in the UK offshore oil and gas industry was £5.6 billion. Since 1970 the industry has paid almost £330 billion in production tax. About 280,000 j ...
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Petroleum Act
Petroleum Act (with its variations) is a stock short title used internationally for legislation relating to petroleum. List Bahamas * The Petroleum Act 1971 Bangladesh * The Petroleum Act 1934 India * The Petroleum Act 1934 Iran * The Petroleum Act 1987 Ireland * The Petroleum and Other Minerals Development Act 1960 Jamaica * The Petroleum Act 1979 Kenya * The Petroleum Act 2019 Malawi * The Petroleum (Exploration and Production) Act 1984 Malaysia *The Petroleum Development Act 1974 *The Petroleum and Electricity (Control of Supplies) Act 1974 *The Petroleum (Income Tax) Act 1967 *The Petroleum Mining Act 1966 *The Petroleum (Safety Measures) Act 1984 New Zealand * The Petroleum Act 1937 Nigeria * The Petroleum Act 1969 Norway * The Petroleum Act 1996 Thailand * The Petroleum Act 1971 Trinidad and Tobago * The Petroleum Act 1969 United Kingdom *The Petroleum Act 1998 (c 17) *The Petroleum Royalties (Relief) and Continental ...
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Groundwater
Groundwater is the water present beneath Earth's surface in rock and soil pore spaces and in the fractures of rock formations. About 30 percent of all readily available freshwater in the world is groundwater. A unit of rock or an unconsolidated deposit is called an aquifer when it can yield a usable quantity of water. The depth at which soil pore spaces or fractures and voids in rock become completely saturated with water is called the water table. Groundwater is recharged from the surface; it may discharge from the surface naturally at springs and seeps, and can form oases or wetlands. Groundwater is also often withdrawn for agricultural, municipal, and industrial use by constructing and operating extraction wells. The study of the distribution and movement of groundwater is hydrogeology, also called groundwater hydrology. Typically, groundwater is thought of as water flowing through shallow aquifers, but, in the technical sense, it can also contain soil moisture, permafros ...
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Hydraulic Fracturing
Fracking (also known as hydraulic fracturing, hydrofracturing, or hydrofracking) is a well stimulation technique involving the fracturing of bedrock formations by a pressurized liquid. The process involves the high-pressure injection of "fracking fluid" (primarily water, containing sand or other proppants suspended with the aid of thickening agents) into a wellbore to create cracks in the deep-rock formations through which natural gas, petroleum, and brine will flow more freely. When the hydraulic pressure is removed from the well, small grains of hydraulic fracturing proppants (either sand or aluminium oxide) hold the fractures open. Hydraulic fracturing began as an experiment in 1947, and the first commercially successful application followed in 1950. As of 2012, 2.5 million "frac jobs" had been performed worldwide on oil and gas wells, over one million of those within the U.S. Such treatment is generally necessary to achieve adequate flow rates in shale gas, tight ga ...
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Oil And Gas (Enterprise) Act 1982
The Oil and Gas (Enterprise) Act 1982 (1982 chapter 23) is an Act of the Parliament of the United Kingdom which started the process of privatisation of the oil and gas industries in the UK. It empowered the government to float off and sell shares in Britoil the upstream production side of the British National Oil Corporation. It ended the British Gas Corporation’s monopoly on the transportation and supply of gas, opening up the gas market to other gas suppliers. The Act made miscellaneous provisions relating to the oil and gas industries concerning Petroleum Licences and Offshore Installations. Background The British gas industry had been in state ownership since nationalisation of the industry in 1949. The Gas Act 1972 had established the British Gas Corporation to exercise full responsibility for the oversight, control and operation of the gas industry. The government had established the British National Oil Corporation (BNOC) in 1975 under the provision of the Petroleum ...
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Lord Irvine Of Lairg
Alexander Andrew Mackay Irvine, Baron Irvine of Lairg, (born 23 June 1940), known as Derry Irvine, is a Scottish lawyer, judge and political figure who served as Lord Chancellor under his former pupil barrister, Tony Blair. Education Irvine was born in Inverness, Scotland, the son of a roofer and a waitress. He was educated at the fee-paying private school, Hutchesons' Boys' Grammar School in Glasgow. Later Irvine read Scots law at the University of Glasgow and became involved in debating with the Glasgow University Dialectic Society and at the Glasgow University Union, where he befriended contemporary Labourites Donald Dewar and John Smith. After reading English law at Christ's College, Cambridge, he taught law briefly at the London School of Economics and was called to the Bar in 1967. In the late 1960s, Dewar's wife, Alison, left Dewar for Irvine. Irvine later stated that the two men had remained on speaking terms, contrary to reports of a rift. They later served in th ...
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Petroleum (Production) Act 1934
The Petroleum (Production) Act 1934 (24 & 25 Geo. 5 ch. 36) is an Act of the Parliament of the United Kingdom which clarified the ownership of underground petroleum, vesting it in the Crown. It made provision for searching and boring for and getting (producing) petroleum and natural gas, under appropriate licenses. Background Before 1934 there was a lack of clarity about the ownership of oil beneath a property. For example, in 1919 the Attorney-General was asked in Parliament whether the surface owner also owned the oil beneath their land.Hansard, House of Commons debate, 12 August 1919, vol. 119 c. 1128 The Attorney-General acknowledged that opinions differed, but was inclined to the view that the surface owner is the owner of oil beneath the land. The 1934 Act clarified the position and vested underground oil in the Crown. The Petroleum (Production) Act 1918 had required persons wishing to prospect for oil to obtain a license from the Board of Trade. However between 1918 an ...
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