Organisation: ConocoPhillips
Wiley Rein promotes two in DC
Washington, DC, firm Wiley Rein has promoted Josh Simmons and Lukman Azeez to partner in its global disputes practice.
13 March 2023
Ecuador to pay Perenco ICSID award
Ecuador has agreed to pay Bahamian oil company Perenco its US$412 million ICSID award to settle a long-running dispute over a tax on windfall revenues, while in a separate arbitration the state has been ordered to pay US$17 million to a Spanish-led consortium.
03 January 2023
Vietnam faces second ICSID claim
Vietnam is facing its second ever ICSID case after a pair of Chinese construction companies filed a claim under a rarely used investment treaty.
30 November 2022
Marigo succeeds Blackaby as Freshfields practice co-head
Freshfields Bruckhaus Deringer has named partner Noiana Marigo in New York as the new global co-head of its international arbitration group, as Nigel Blackaby steps down after eight years in the role.
31 October 2022
Dechert partner goes solo in Brussels
Erica Stein has left Dechert after more than eight years to launch a solo arbitrator practice in Brussels.
18 October 2022
Peter removed from Venezuela panel
Venezuela has successfully challenged Wolfgang Peter as arbitrator in an investment treaty case after raising concerns he could be influenced by the views of his Peter & Kim colleague Pierre Tercier in a similar dispute.
12 October 2022
Three Crowns creates first CEO
Three Crowns has appointed Hugh Carlson as its first chief executive officer.
29 September 2022
Venezuela fails to disqualify “corrupted” Conoco panel members
Venezuela has failed to disqualify two members of an ICSID committee hearing its bid to overturn a US$9 billion award won by ConocoPhillips, after Ian Binnie KC found no substance to allegations that the pair and the proceeding as a whole had been “corrupted” by departing panellist Kevin Kim.
28 September 2022
Perenco takes Ecuador award to UK and Singapore
Bahamian oil company Perenco says it has registered its US$412 million ICSID award against Ecuador in the courts of Singapore and the UK, as the Latin American state challenges an unrelated award in favour of a Singaporean oil company.
26 August 2022
"Fifteen years is long enough”: US court enforces Conoco award
A US court has granted ConocoPhillips’ bid to enforce a US$9 billion ICSID award against Venezuela over three oil projects that were expropriated in 2007, finding there is no reason to think the state is likely to succeed in having it annulled.
22 August 2022