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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.
This timely book analyses the most significant contemporary
developments and trends in property law, including the concept of
property rights, the role of property law and property rights in
society, and the values they enhance. It examines the effect of
property rights on social, economic and cultural development and
vice versa, considering the impact of phenomena such as
technological innovation, digitalisation and blockchain technology,
changes in social and economic organisation and globalisation.
Featuring contributions from top international scholars in the
field, chapters explain the variety of property rights found in
most legal systems and how these develop in relation to social
needs and available resources. The book discusses the current
transition of property from mainly physical objects to intangible
values in the form of, for example, intellectual property rights,
and the impacts this is having on the law, democracy and free
speech. Other prominent issues tackled by the book include the
organisation of registries for property rights, models for managing
public property and the influence of new property forms on family
and inheritance law. An essential read for scholars and students of
property law, including intellectual property, the book will also
be of interest to those working in family law, law and technology
and commercial law whose research intersects with property rights.
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