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Energy & Climate Change

Hong Kong

As a key driver of the global economy, the energy sector faces tough regulatory, political and financial pressures. In China and the wider Asia region in particular, it continues to be a sector of constant change and development.

At CMS our team spans nearly  40 countries and has experience within every part of the energy sector, including upstream oil & gas, power generation (conventional and renewable), oil & gas and electricity networks, wholesale and retail, as well as cleantech.

Over the last 20 years, our experts have helped shape the sector by creating the legal frameworks upon which many of your markets are based.

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13/07/2021
Open Secrets? Guard­ing value in the in­tan­gible eco­nomy
Across mul­tiple in­dus­tries, busi­nesses are de­riv­ing an ever great­er pro­por­tion of their value from as­sets pro­tec­ted not by pat­ent or copy­right – but by secrecy. And from cus­tom­er data to soft­ware al­gorithms...
15/06/2021
Road to COP 26: re­ima­gin­ing en­ergy: just trans­ition
As we ap­proach COP 26, there is ex­tens­ive dis­cus­sion of the shift to net zero and how it will be achieved; a large part of this will be the trans­ition from re­li­ance on fossil fuels to a more en­vir­on­ment­ally...
01/06/2021
Some leaks can­'t be fixed
“Con­fid­en­tial in­form­a­tion is like an ice cube... give it to the party who has no re­fri­ger­at­or or will not agree to keep it in one, and by the time of the tri­al you have just a pool of wa­ter.” This...
26/05/2021
Belt and Road Ini­ti­at­ive
China’s Belt and Road Ini­ti­at­ive (BRI) con­tin­ues to evolve and of­fer op­por­tun­it­ies for na­tions, com­munit­ies and busi­nesses. But it is not without con­tro­versy in areas such as en­vir­on­ment­al pro­tec­tion and in­ter­na­tion­al debt.As a lead­er in many Belt and Road sec­tors, CMS has polled and in­ter­viewed over 500 BRI par­ti­cipants around the world, about their cur­rent think­ing on BRI and the pro­spects they see for it. This series of re­ports ana­lyses sen­ti­ment around the world, con­siders what BRI means for each re­gion, shines a spot­light on dif­fer­ent na­tions and high­lights leg­al con­sid­er­a­tions.  You can ac­cess the full series of re­gion­al re­ports be­low.16%me­di­um16%me­di­um16%me­di­um16%me­di­um16%me­di­um16%me­di­um 
23/04/2021
The Road to COP26: Our 101 on COP26
COP26 is sched­uled to take place from Monday 1st Novem­ber – Fri­day 12th Novem­ber 2021 in Glas­gow. It was ori­gin­ally in­ten­ded to take place last Novem­ber but was post­poned due to COV­ID-19.  It brings...
21/04/2021
BRI - View from LatAm
China’s Belt and Road Ini­ti­at­ive (BRI) is where some of the key is­sues of our time in­ter­sect, in­clud­ing glob­al­isa­tion, sus­tain­ab­il­ity, the mod­ern­isa­tion of in­fra­struc­ture, new tech­no­logy and health­care. But it also marks the con­ver­gence of some ser­i­ous con­cerns, such as en­vir­on­ment­al pro­tec­tion, in­ter­na­tion­al debt, the Cov­id-19 pan­dem­ic and, in­creas­ingly, geo­pol­it­ic­al ten­sions between the US and China.Our new re­port shows that sen­ti­ment to­wards BRI in Lat­in Amer­ica re­mains re­l­at­ively pos­it­ive, des­pite such head­winds. From the in­volve­ment of Chinese busi­nesses in Panama Canal ports to Chinese in­vest­ments in lith­i­um min­ing and re­new­able en­ergy, trans-Pa­cific con­nec­tions between Lat­in Amer­ic­an eco­nom­ies and China’s Asi­an power­house con­tin­ue to grow.China’s am­bi­tions to ad­vance Belt and Road co­oper­a­tion high­light the po­ten­tial for BRI to help na­tions in Lat­in Amer­ica bridge the re­gion’s massive in­fra­struc­ture gap and re­cov­er from the ter­rible dam­age of the pan­dem­ic, as well as of­fer­ing many new op­por­tun­it­ies for re­gion­al busi­nesses and in­vestors. 
15/04/2021
Law and reg­u­la­tion of con­sequen­tial dam­ages clauses in the en­ergy sec­tor...
1. Do the words “con­sequen­tial loss” have a giv­en mean­ing in law? Yes. The mean­ing of “con­sequen­tial loss” un­der Hong Kong law is sim­il­ar to that un­der Eng­lish law, fol­low­ing the Had­ley v Bax­end­ale1(1854)...
22/04/2021
What does Chin­a's Belt and Road Ini­ti­at­ive mean for Lat­in Amer­ica?
The Belt and Road Ini­ti­at­ive (BRI) is China’s in­fra­struc­ture and fin­an­cing ini­ti­at­ive, de­vel­op­ing glob­al land and sea trade routes around the world. Many Lat­in Amer­ic­an na­tions have signed agree­ments...
26/03/2021
Oil & Gas / Ship­ping – The Ever Giv­en
The Suez Canal opened in 1869. Along with the Panama Canal, it is one of the most im­port­ant mari­time “short­cuts” ever built. Today, the canal is 193km (120 miles) long and is one of the busiest wa­ter­ways...
01/03/2021
The Glob­al Sul­phur Ban – One Year On
Since 1 March 2020 all mar­ine ves­sels have been sub­ject to a ban from car­ry­ing on board high sul­phur mar­ine fuel oil (“HSFO”) with sul­phur con­tent great­er than 0.50% un­less they have a ‘scrub­ber’...
09/12/2020
Oil & Gas / Ship­ping – Black Holes and Rev­el­a­tions
In Dr Jones Yeovil Ltd v The Step­ping Stone Group Ltd [2020] EWHC 2308 (TCC), the Tech­no­logy and Con­struc­tion Court has raised the  spectre of oil and gas com­pan­ies not be­ing able to re­cov­er full dam­ages...
25/11/2020
Hy­dro­gen pro­jects: What’s ahead in Asia Pa­cific?
Re­cog­nising the grow­ing role that hy­dro­gen will play in the net-zero fu­ture, gov­ern­ments and policy makers around the world are ramp­ing up ef­forts to bring for­ward policies that will fa­cil­it­ate the growth...