Organisation: Occidental Petroleum

David Kasdan 1963-2023

International arbitration lawyers have been paying tribute to David Kasdan, a prolific real-time court reporter who transcribed more than a thousand hearings and procedural sessions, who has died aged 60.

08 March 2024

Oxy agrees to settle dispute with Ecuador oil block partner

Occidental Petroleum says it has reached a preliminary settlement with its Chinese former partner in an Ecuadorean oil block to settle a long-running fight over the proceeds of an ICSID award.

13 February 2024

Oxy asks US Supreme Court to rule on evident partiality

Occidental Petroleum has asked the US Supreme Court for leave to appeal the recognition of a US$560 million award based on an arbitrator’s failure to disclose an alleged relationship with a member of the other side’s counsel team.

16 November 2023

Oxy pays Yemen to settle ICC awards

Houston’s Occidental Petroleum has agreed to pay a net sum to Yemen to settle awards rendered in two ICC arbitrations relating to the same oil block, bringing an end to enforcement proceedings in Delaware.

22 September 2023

Laurie Craig 1933-2023

Laurie Craig, who led the legendary Coudert Brothers international arbitration group in Paris, where he helped shape modern arbitral practice and was a teacher and mentor to many leading figures in the field, has died aged 89.

30 August 2023

Oxy loses further claim against Amazon oil block partner

An ICDR tribunal has thrown out a US$310 million claim by Occidental Petroleum against its Chinese former partner in an Ecuadorean oil block, finding it was barred by res judicata because of an earlier award.  

09 August 2023

US litigation firm hires Alston arbitration partner

Rajat Rana has left Alston & Bird to join New York litigation firm Selendy Gay Elsberg as a partner to help grow its international arbitration pratice.

22 June 2023

Oxy loses appeal over payout to Amazon oil block partner

A US appeals court has dismissed Occidental Petroleum's challenge to an award requiring it to share the proceeds of an ICSID settlement with its former partner in an Ecuadorean oil block.

16 June 2023

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

Yemen pursues Oxy over ICC award

Yemen has applied to a US court to enforce the outstanding part of a US$10 million ICC award against an affiliate of Occidental Petroleum.

08 February 2023

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