Energy demand worldwide is at its highest levels and growing, with China and India currently vying for the top spot as the principal driver of growth in demand, according to the International Energy Agency. Economies across the globe are becoming increasingly reliant on unconventional resources such as shale gas, placing them high on the global energy agenda. Shale gas development – particularly in Argentina, Russia, China and Australia – is on the rise and has yet to reach peak levels.
As a global legal practice with an established track record in energy, we recognise that the interplay between the growth in shale gas development and the increasing global demand for oil presents an opportunity for the oil and gas industry to capitalize on shale gas exploration.
Members of the oil and gas industry have significantly expanded — and continue to expand — their global footprints. The requirement to respond to issues affecting the global energy market quickly, efficiently and accurately is now ever more critical – both for members of the industry and their advisers.
The aim of this handbook is to serve as a global quick reference guide for all those involved in the exploitation of unconventional gas resources. It contains information on key issues and factors to consider when addressing operational or investment decisions around the world.
We plan to maintain and update this handbook to reflect as closely as possible the current global legal energy landscape. Real-time updates are covered through our hydraulic fracking blog.