Work Area: Oil and gas

Czech energy group declares win against Gazprom

Czech energy group CEZ says it has won more than €42 million in an ICC claim against Gazprom’s export arm over its curtailment of gas supplies following Russia’s full-scale invasion of Ukraine. 

26 February 2025

Singapore court refuses to review decision of SIAC registrar 

The Singapore High Court has ruled that it cannot review an administrative decision taken by the registrar of the Singapore International Arbitration Centre. 

26 February 2025

Norwegian driller wins award over offshore rig

A Norwegian drilling rig company has won a US$105 million award against a Nigerian oil and gas group over alleged non-payment of their contract, after defeating a much larger counterclaim.      

21 February 2025

Nigerian businessman liable for fuel debts

The Commercial Court in London has ruled that a Nigerian businessman and his company are liable for around U$33 million in debts for fuel purchases and that their defences in related LCIA and DIAC arbitrations were “bound to fail”. 

17 February 2025

US court confirms funder’s award against Albania

A US court has granted a request by Australian disputes funder Omni Bridgeway to confirm an ICC award worth around US$15 million against Albania and its national oil company.

17 February 2025

India overturns award in gas migration dispute

The Delhi High Court has overturned an UNCITRAL award favouring Reliance Industries and its partners in a US$1.7 billion dispute with India over alleged migration of gas between adjacent blocks.

14 February 2025

UK appeal court reverses injunction against Gazprom venture

The Court of Appeal in London has granted UniCredit’s request to lift an anti-suit injunction it won against a Gazprom joint venture after the bank said it wanted to avoid an “eye-watering” fine from the Russian courts.

11 February 2025

European banks seek to reverse injunctions against Gazprom venture

Italy’s UniCredit has asked a UK court to lift an anti-suit injunction it won against a Gazprom joint venture because it faces “potentially draconian financial consequences” in parallel proceedings in Russia – and says two other European banks have made similar applications. 

06 February 2025

Austrian energy company reports another win against Gazprom

Austrian energy group OMV says it has won an SCC award worth €48 million against Russia’s Gazprom over a terminated gas supply contract – months after winning another award against the Russian entity over a separate agreement.  

05 February 2025

Ukraine beats bid to revive multibillion-dollar ECT claim

A Swedish court has rejected a bid by entities associated with oligarch Igor Kolomoisky to revive a US$6 billion Energy Charter Treaty claim against Ukraine – despite finding that the grounds for dismissing the case were wrongly decided. 

03 February 2025

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