Industry: Natural Resources

A subsidiary of Brazilian construction group Odebrecht has launched an ICC claim against Mexico’s state oil company Pemex under a supply contract for a US$5.2 billion petrochemical complex.

28 January 2021

Jordan and one of its state-owned entities have launched ICC claims against a company awarded a US$2.1 billion contract to build a power station and mine as part of China’s Belt and Road initiative.

20 January 2021

The US could once again face arbitration over the Keystone XL pipeline if the incoming Biden administration presses ahead with reported plans to revoke the permit for the US$8 billion project.

19 January 2021

Israeli businessman Beny Steinmetz will face charges that he paid bribes to secure mining rights in Guinea during his criminal trial in Geneva starting on Monday, allegations that have also spawned LCIA and ICSID claims and a fraud suit in London.

08 January 2021

A court in the British Virgin Islands has attached assets belonging to Pakistan’s national airline – including interests in two hotels in New York and Paris – at the request of an Australian mining venture seeking to enforce a US$6 billion ICSID award.

05 January 2021

An Australian mining company that threatened the Republic of the Congo with an ICC claim over an iron ore project says it will seek US$8.8 billion in damages after its permit was withdrawn by decree – while another miner operating in the country has threatened a further claim over similar measures.

04 January 2021

An Australian mining company has threatened the Republic of the Congo and Cameroon with separate ICC claims over mining permits for a billion-dollar iron ore project which straddles the border between the Central African states. 

16 December 2020

A US company has filed an ICSID claim against Peru, two years after it reportedly threatened the state with a US$590 million claim over its investments in a gas refinery.

16 December 2020

A subsidiary of Anglo-Australian mining group Rio Tinto has made good on a threatened contractual claim against Mongolia, saying it was wrongly handed a US$155 million tax bill for its operations at one of the world’s largest copper and gold mines.

21 February 2020

Italian energy company Eni has paid €330 million to satisfy an ICDR award after prevailing on its claim that a long-term contract for regasification and import services was frustrated by the shale gas revolution in the United States.

08 August 2019