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Energy & Climate Change

Russia

A key driver of the global economy, the energy sector is affected by and affects global geopolitics, economics and regulation. You require advisors who not only understand your industry but also work on cutting edge issues with leaders of energy companies, regulators, governments, industry bodies and investors. Our teams span 33 countries and work within every part of the energy sector, including upstream and downstream oil & gas, electricity in all its forms including generation, networks, wholesale and retail markets, nuclear and renewables including solar and other green energy and clean tech. Over the last 25 years, our experts have helped shape the sector by creating the legal frameworks upon which many of your markets are based.

Whether you are a NOC, IOC, independent, electricity company, investor, government or financial institution, we have the energy specialists to meet all your strategic challenges globally. Our multi-disciplinary teams were among the first to advise on ground-breaking global oil and gas M&A and on power projects in Europe, to establish a single electricity market in Northern Ireland and the Republic of Ireland, lead historic electricity industry reform in Mexico and work on renewable energy projects globally. This collective experience means we can pre-empt and provide answers to the commercial, risk and regulatory issues you face in the energy sector.

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    Electricity

    The CMS Energy team in Moscow has gained in-depth knowledge of the sector advising on its restructuring since the inception of the reforms in 2000. Restructuring of the Russian power sector, upcoming privatisation of power generating assets and the urgent need to build new power stations opens the sector up for domestic and foreign private investors.

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    Energy Efficiency and Renewables

    Development of a legislative base for energy efficiency and saving began several years ago (some key delegated acts are still in the development stage). With the exception of several pilot projects in the regions, the large projects have yet to be launched. Nevertheless, the CMS’ Energy Efficiency and Renewables group in Russia has successfully built up unique experience in applying Russian legislation in the area of energy efficiency.

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    Mining

    Having been working in Russia for nearly 20 years, we advise Russian and foreign companies from different industry sectors, including mining, on all legal and tax aspects of the proposed projects.

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    Oil and Gas

     The large, increasingly multi-national oil and gas companies active in Russia require expert advice and support on issues varying from pipeline construction and transportation to licensing and concession matters to other ‘business issues’ typical of any large commercial organisation.

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    28 Oct 19
    Do­ing busi­ness in Rus­sia 2019
    20 Feb 20
    In­coterms 2020: what has changed in the rules for de­liv­ery of goods
    On 1 Janu­ary 2020, a new ver­sion of In­coterms – the In­coterms 2020 rules (ICC pub­lic­a­tion No. 723) – came in­to force. This ver­sion con­tains im­port­ant changes to the rules for the in­ter­na­tion­al sup­ply...
    October 2019
    CMS Rus­sia strengthens its po­s­i­tions in in­ter­na­tion­al...
    13 Feb 20
    The Rus­si­an Su­preme Court cla­ri­fies what con­sti­tutes cor­rup­tion of­fences
    The Rus­si­an Su­preme Court re­cently made im­port­ant changes* to Plen­um Res­ol­u­tion No. 24 “On ju­di­cial prac­tice in cases of bribery and oth­er cor­rup­tion crimes” dated 9 Ju­ly 2013* and in par­tic­u­lar ex­pan­ded...
    September 2019
    The Re­new­able En­ergy Law Re­view
    Rus­sia
    22 Jan 20
    Oil & Gas/Ship­ping - Time bars and sup­port­ing doc­u­ments in de­mur­rage...
    In Tankreederei GmbH & Co KG v. Marubeni Cor­por­a­tion (the “Amalie Ess­ber­ger”) [2019] EWHC 3402 (Comm), the Com­mer­cial Court de­cided that the Own­er of a Ves­sel was not time barred from bring­ing a de­mur­rage...
    July 2019
    The En­ergy Reg­u­la­tion and Mar­kets Re­view
    Rus­sia
    06 Jan 20
    Land­mark cli­mate change judg­ment: Dutch gov­ern­ment again com­pre­hens­ively...
    On 20 Decem­ber 2019, the highest court (Su­preme Court) in the Neth­er­lands dis­missed the Dutch Gov­ern­ment’s fi­nal ap­peal in the land­mark cli­mate change case, Ur­genda Found­a­tion v The Neth­er­lands. This...
    24/05/2019
    CMS Rus­sia earns 33 re­cog­ni­tions by Best Law­yers 2020
    27 Dec 19
    Elec­tron­ic la­bour books to be avail­able in Rus­sia from 2021
    Em­ploy­ment his­tory re­cords will have to be held in elec­tron­ic form from 1 Janu­ary 2021. Le­gis­lat­ive amend­ments which provide for this and oth­er re­lated re­quire­ments will come in­to force on 1 Janu­ary 2020....
    17/04/2019
    The Leg­al 500 EMEA 2019 ranks CMS Rus­si­a's ex­perts...
    11 Dec 19
    A huge mo­ment for busi­ness: European Green Deal
    After much an­ti­cip­a­tion and am­bi­tious prom­ises from the in­com­ing EU Com­mis­sion Pres­id­ent Ur­sula von der Ley­en, the European Com­mis­sion today an­nounced the con­tent of its European Green Deal. No one should...