Organisation: CNPC

The Commercial Court in London has enforced a US$325 million LCIA award obtained by the China National Petroleum Corporation's Chad subsidiary against a Geneva-based oil dealmaker, ruling that an appeal was time-barred.

27 November 2024

A Cayman-registered energy company says it has agreed not to arbitrate a dispute with Kazakhstan's national gas company over the price of deliveries, as a consortium reportedly resumes talks to settle claims raised by the state in a US$150 billion arbitration.

03 October 2024

South Korea’s Samsung Heavy Industries says it will file a claim at the Singapore International Arbitration Centre against a Russian shipyard owner that cancelled contracts worth US$4.3 billion for the supply of oil and gas tankers. 

13 June 2024

A Canadian energy company has engaged Gibson Dunn & Crutcher to act in pending ICSID and ICC claims against Tunisia over a set of oil and gas concessions.

05 June 2024

A Chinese consortium is pursuing a €200 million claim in a London arbitration against two Cypriot state-owned entities over a delayed project to construct a liquefied natural gas terminal.

21 February 2024

Occidental Petroleum says it has reached a preliminary settlement with its Chinese former partner in an Ecuadorean oil block to settle a long-running fight over the proceeds of an ICSID award.

13 February 2024

A Russian gas venture has frozen more than US$50 million in assets held by a Baker Hughes subsidiary as it prepares to file an ICC claim over a terminated contract.

18 August 2023

A Peruvian state agency has filed an ICC claim against an oil consortium, accusing it of using liquidation proceedings to escape its contractual and environmental obligations.

13 May 2021

A Hong Kong court has set aside a Swedish arbitrator’s US$18 million HKIAC award against a Chinese pipeline company relating to the Belt and Road initiative after concluding that the wrong entity was named as respondent.

09 March 2021

UPDATED WITH AWARD: An ICC tribunal has granted a Costa Rican state entity’s request to dissolve its joint venture with a Chinese counterpart in a politically sensitive dispute over a cancelled US$1.5 billion project to upgrade an oil refinery – while related criminal proceedings continue.

01 November 2019