A new issue of OGEL has been published and can be found at http://www.gasandoil.com/ogel/

OGEL, the global Oil-Gas-Energy Law Intelligence service. OGEL focuses on recent developments in the area of oil-gas-energy law, regulation, treaties, judicial and arbitral cases, voluntary guidelines, tax and contracting, including the oil-gas-energy geopolitics.

OGEL 2 (2004) has an extensive Special Feature on Renewable Energy. Renewable energy is a current policy priority in many countries, in particular in the EU. It is related to climate change policies (see the special OGEL feature in OGEL 1 (2004)), but also to the massive and ever-increasing dependence of the world's major economies (US, EU, Japan, China and India) on oil and gas supplies from the politically-as-ever volatile and explosive Middle East.

We do not know if oil and gas resources are on their way to depletion or not (the OGEL context chapter continues the discussion), but we certainly know that getting most of the oil from the Middle East is a high-risk factor, both for the security of supply and the impact of the oil price on the global economy.

OGEL focuses on recent developments in the area of oil-gas-energy law. The Newsletter is published every two months.