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The Character of Petroleum Licences - A Legal Culture Analysis (Hardcover)
Loot Price: R3,314
Discovery Miles 33 140
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The Character of Petroleum Licences - A Legal Culture Analysis (Hardcover)
Series: New Horizons in Environmental and Energy Law series
Expected to ship within 12 - 17 working days
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This innovative book explores the legal character of petroleum
licences, a key vehicle governing the relationship between oil
companies and their host states. Examining the issue through the
lens of legal culture, it illustrates why some jurisdictions exert
strong state control and others only minimal.Critically
investigating the nature of a petroleum licence, the book analyses
whether it is a mere administrative right, a contract or something
more akin to property rights. Chapters examine recent developments,
such as the UK's strategy of maximizing economic recovery and the
opposition to drilling for oil in Norway and Australia. Outside of
Western petroleum jurisdictions, the book also explores several
long-established jurisdictions including Russia and Mexico, as well
as emerging jurisdictions, such as China and Uganda. Taking a
contextual and system-oriented approach, it reveals the
preconditions of the petroleum licence regime and offers a critical
insight into the reasons behind alterations to the terms of the
licences. Encompassing a wide variety of legal cultures and
experiences, this thought-provoking book will prove to be a
valuable resource for academics and students of energy law,
particularly those with an interest in state regulation. It will
also provide useful insights for industry-based practitioners.
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