Germany has launched a massive EUR 50 billion funding program to support energy-intensive industries such as steel, chemical, and cement to become climate-neutral. The program offers considerable financial support for...more
European energy companies face unprecedented uncertainty as a result of Russia's invasion of Ukraine. A potential reduction or cessation of Russian gas imports is not unforeseeable and would invariably affect all market...more
5/11/2022
/ Critical Infrastructure Sectors ,
EU ,
Force Majeure Clause ,
Frustration of a Common Purpose ,
Imports ,
Impossibility ,
Military Conflict ,
Natural Gas ,
Oil & Gas ,
Russia ,
Supply Chain ,
Ukraine ,
Upstream Contracts
Austria passed a new Investment Control Act ("ICA") expanding the screening of foreign investments ("FDI"), effective July 25, 2020.
The Austrian rules on European FDI-cooperation will enter into force on October 11, 2020....more