MODEL PETROLEUM ENERGY CONCESSION AGREEMENT BETWEENPetroleum Energy Concession Agreement • September 20th, 2024
Contract Type FiledSeptember 20th, 2024Governments with petroleum production or potential are under increased pressure to modify their petroleum agreements, regulations or legislation to reflect the increased urgency of climate change. Several governments have implemented energy transition policies. However, these policies often do not match well with their petroleum policies. Some governments go as far as terminating completely new licensing rounds for petroleum.