Industry: Oil & gas exploration & production
Failed NAFTA claimants accuse Chilean arbitrator of pro-state bias
A group of US oil services investors whose US$270 million NAFTA claim against Mexico was thrown out earlier this year are arguing the award should be set aside because their own appointed arbitrator – Chile’s Andrés Jana – failed to disclose his counsel work for states in various investment arbitrations.
08 November 2024
Mexico liable for denial of justice in NAFTA oil services dispute
A NAFTA tribunal has upheld claims by three US oilfield services companies that they were denied justice in the Mexican courts after a state-owned entity terminated their contracts.
07 November 2024
Russian court issues billion-euro judgment despite HKIAC clause
A Russian court has ordered industrial gases conglomerate Linde to pay around €1 billion to a Gazprom affiliate for halting work on an LNG plant – refusing to enforce an HKIAC arbitration clause in the project contract.
04 November 2024
BP seeks to enforce against Mexican gas buyers
BP’s Mexican arm has applied to a Texas court to enforce a US$46 million ICDR award against three customers who failed to pay for gas during a winter storm.
21 October 2024
BP wins ICC case over African LNG supplies
BP has won an ICC award blocking its US partner in a West African subsea project from selling LNG supplies to third parties during the life of their sales agreement.
09 October 2024
Onyema on the cost of corruption
In this year's Roebuck Lecture, Emilia Onyema discussed the "cost of corruption" for local communities and how to provide them with access to arbitration and national courts, with a focus on the infamous case P&ID v Nigeria, which was of particular concern to her as a Nigerian.
04 October 2024
Conoco seizes PDVSA funds in Trinidad
ConocoPhillips has persuaded a court in Trinidad and Tobago to appoint a receiver over payments the Caribbean country owes to Venezuela’s PDVSA, as part of the US oil company’s efforts to recover US$1.3 billion under an ICC award.
02 October 2024
UK Supreme Court gives reasons for Gazprom injunction
The UK Supreme Court has provided its reasons for upholding an anti-suit injunction restraining a Gazprom affiliate from pursuing litigation in Russia in breach of a Paris-seated ICC arbitration agreement.
18 September 2024
Bahrain builds disputes hub with series of decrees
Bahrain continues apace in the development of its planned disputes hub, with a new English-speaking international commercial court and enhanced arbitration offering, after issuing a series of edicts and decrees.
17 September 2024
Petrobras defeats shareholder claim over Lava Jato
Brazil’s state-run oil and gas company Petrobras says it has defeated an arbitration brought by an association on behalf of shareholders who suffered losses arising from the Lava Jato corruption scandal.
17 September 2024