Industry: Natural Resources
Gold miner brings in new counsel for claim against India
King & Spalding has taken over as counsel to a mining company in an investment treaty case against India over a gold project, with Spanish arbitrator Juan Fernández-Armesto presiding over the dispute.
29 January 2025
Milan event looks at criminal law-IA interplay
This year's Milan Chamber of Arbitration conference looked at the interplay of criminal law and international arbitration, including discussion of the Lagergren case, which a speaker said marked the start of the transition from an "eyes shut" to a "zero-tolerance" approach to corruption 60 years ago, and of the more recent Enrica Lexie inter-state case between India and Italy.
28 January 2025
Australian liquidators put Poland on notice over mining dispute
An Australian mining company’s liquidators have notified Poland of a potential treaty claim over two coal projects – after a previously threatened claim was allegedly derailed by a shareholder seeking a greater share of compensation.
24 January 2025
Venezuela fails to annul ConocoPhillips award
An ICSID annulment committee has upheld an award that ordered Venezuela to pay around US$9 billion to ConocoPhillips over the expropriation of three oil projects.
23 January 2025
Miner finds funding for claim against Morocco
A London-listed mining company has obtained third-party funding for an ICSID claim against Morocco over the state’s refusal to grant environmental approval for a billion-dollar potash project.
23 January 2025
French uranium investor brings second claim against Niger
A French state-owned nuclear fuels company has filed a second claim against Niger over its uranium mining investments – having already filed a case against the state over a separate project.
22 January 2025
Slovakia defeats ICSID claim by US oil investor
An ICSID tribunal has rejected a US oil and gas company’s US$133 million treaty claim against Slovakia over the state’s alleged failure to prevent a drilling project becoming disrupted by local protests.
20 January 2025
Dutch court upholds enforcement of Iranian gas award
The Hague Court of Appeal has refused to overturn the enforcement of an award worth US$2.75 billion won by the UAE’s Crescent Petroleum against the National Iranian Oil Company.
17 January 2025
Former Gazprom unit settles with Indian state entity
India’s state-owned gas company GAIL says that a former Gazprom unit has agreed to pay US$285 million to end their LCIA dispute over disrupted LNG supplies.
16 January 2025
Billion-dollar award confirmed in Colombian refinery case
A US court has confirmed an ICC award worth US$1.3 billion in favour of a Colombian state-owned entity over an oil refinery project, aiding its pursuit of recovery from insurers.
14 January 2025