Industry: Natural Resources

Bolivia has settled a dispute with Chinese state-owned steelmakers over the suspension of construction works for an iron ore processing plant.

19 February 2021

A Swiss court has upheld an award that found commodities trader Glencore liable for abuse of rights in a dispute with a former partner in a Georgian mining project, having overturned two previous awards by the same tribunal.

17 February 2021

Guatemala has lodged a counterclaim in a US$350 million DR-CAFTA dispute with third-party funded mining investors, seeking damages for alleged misrepresentation and a failure to meet environmental commitments.

12 February 2021

A tribunal at the Permanent Court of Arbitration has ordered a US oil investor to reveal the third-party funder backing his US$97 million investment treaty claim against Peru – but said he was not required to disclose details of the funding agreement.

11 February 2021

Laos has asked a Malaysian court for an injunction to prevent a Thai coal-mining company from pursuing a second UNCITRAL arbitration worth more than US$450 million over a power plant project, arguing the case is abusive.

10 February 2021

An SCC tribunal has reportedly dismissed a US$6 billion Energy Charter Treaty claim against Ukraine brought by entities associated with controversial oligarch Igor Kolomoisky.

04 February 2021

Russia’s Gazprom and Bulgarian gas venture Overgas have settled a dispute over a stalled supply contract that gave rise to a US$105 million ICC award and a lawsuit in London’s Commercial Court.

03 February 2021

An Indonesian company and its UK partner have defeated a third-party funded SIAC claim worth US$32 million brought over a coal mining concession on the island of Borneo.  

02 February 2021

An Australian company developing a controversial €450 million uranium project has threatened to bring an arbitration against Spain over a proposed law banning mining of the material.

01 February 2021

Brazil's Petrobras has been ordered to pay damages in a US$570 million ICC dispute over an offshore oil and gas project after it "effectively abandoned" allegations that the claimant had engaged in bribery and bid-rigging.

29 January 2021