Organisation: ConocoPhillips
PDVSA emergency award rebuffed in the Netherlands
A Dutch appeal court has refused to recognise an ICDR emergency award blocking Curaçao’s state-run refining company from targeting assets owned by Venezuela’s national oil and gas company PDVSA.
07 October 2021
Stay on Conoco’s ICSID award lifted
An ICSID committee has lifted a stay of enforcement of a US$9 billion award in favour of ConocoPhillips while it considers Venezuela’s bid to annul the award.
05 October 2021
Crystallex warns of NAFTA claim against US
The US government has once again refused to allow Crystallex to sell off Venezuelan state-owned assets to satisfy an ICSID award, despite the Canadian mining company’s warning that it may pursue a NAFTA claim against the United States as a result.
24 September 2021
Ecuador in “full default” as stay on Perenco award is lifted
Bahamian oil company Perenco says Ecuador has defaulted on an undertaking to pay a US$391 million ICSID award, as a US court lifts a stay on its enforcement.
29 July 2021
Award surfaces in Georgian oil block dispute
The tribunal that ruled against Houston-based Frontera Resources in a multibillion-dollar dispute over a Georgian oil and gas block found no evidence that the company had made a discovery or drilled any wells at the site, it has emerged.
26 July 2021
Curtis partners decamp to DLA and funder
Gabriela Álvarez-Ávila has left Curtis Mallet-Prevost Colt & Mosle after 14 years to join DLA Piper as partner in Mexico City – while Benard Preziosi, who recently retired from Curtis after four decades, has joined a third-party funder in New York.
20 July 2021
Drymer disqualified over dual appointments
Venezuela has dislodged Canadian Stephen Drymer as arbitrator in an UNCITRAL claim on the basis that he is also hearing a related ICSID case – prompting the state to file further challenges against him.
15 July 2021
OBITUARY: James Crawford 1948-2021
The arbitration community continues to mourn Australian advocate, arbitrator and judge James Crawford, who died on 31 May aged 72.
22 June 2021
Ecuador fails to annul bulk of Perenco award
UPDATED: An ICSID committee has largely upheld Bahamian oil company Perenco’s US$449 million award against Ecuador – reducing the damages by US$36 million after annulling certain findings on quantum.
01 June 2021
James Crawford dies aged 72
Leading arbitrator, academic and International Court of Justice judge James Crawford has died aged 72.
01 June 2021