The regulatory environment is perhaps the single greatest uncontrollable variable in the energy industry. Across the globe, nations closely regulate, tax, and profit from the energy industry. Whether it is the tax structure in an Eastern European nation or the royalty burden in a South American nation, the costs of regulation are ever present in the energy industry. The regulatory environment can impact the value, operation, supervision, and structure of companies and projects. Our experts have worked on projects located across the globe and have familiarity with most oil & gas producing nations.
Regulatory environment also impacts the way in which companies must behave. Whether it is carefully documenting any financial transfer between parent and subsidiary companies or documenting all interactions with oil ministries, energy companies face an increasing morass of regulations, taxes, royalty burdens, and oversight.
Our experts have testified on regulatory issues both in the US and abroad. They have proven their expertise on regulations from the local level to international regulations driven by international treaties.