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28 Denning L.J. 1 (2016)

handle is hein.journals/denlj28 and id is 1 raw text is: 




Denning Law Journal 2016 Vol 28 Special Issue pp 1-3


              EDITORIAL INTRODUCTION

         John Hatchard                    Hephzibah Egede
           Guest Editor                      Guest Editor


    We are pleased to introduce a special edition of the Denning Law
Journal. It is a themed edition entitled: Energy: Contemporary Legal
Issues in the Oil and Gas Sector.
    This special edition contains papers from the conference proceedings
of the University of Buckingham Centre for Extractive Energy Studies
(UBCEES) as well as contributions from members of the Advisory Board.
    The papers are structured under the following sub-themes:

1. Law and Governance
2. Risks, Change and Uncertainty
3. Current Developments in Law and Emergent Legal Thinking
4. Perspectives of Justice and Legal Governance

    These are themes that Lord Denning identified with in his long career
as a progressive reformer. He passionately canvassed for the law to keep
abreast with societal changes. In The Way of an Iconoclast' he called for
the Law to be saved from stagnation and decay.2 The evolving global
energy industry also requires iconoclastic legal thinking as it navigates its
way through interesting and volatile times.
    The edition begins with an illuminating comment by LaMaster and
Hammerson on the Brexit referendum. Their article discusses the potential
risks and uncertainties that the Brexit referendum has created in the UK Oil
and Gas industry. They debate whether the referendum will necessitate a
radical departure from the current legal framework. They argue that a
second referendum in the form of a Scottish independence referendum
may be the catalyst that intensifies further uncertainty in the sector.
    Holland's article is also developed on the theme of risks, change and
uncertainty in the energy sector. He considers whether the decrease in
global oil prices has any impact on decommissioning securities. It explores
the impact that the current market conditions has had on request for data


1 Lord Denning, The Way of An Iconoclast (1959) 5(2) S.P.T.L. 77.
2 Ibid, 89.

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