Organisation: Shell
Glencore and Bolivia both seek to annul awards
Glencore has applied to partially annul an ICSID award that dismissed the bulk of its claim against Colombia over a port facility – while Bolivia is seeking to overturn an ICC award won by Dutch oil giant Shell.
28 August 2024
Shell wins damages from Bolivian oil company
An ICC tribunal has ordered Bolivia’s state-owned oil company to pay US$10 million to a subsidiary of Dutch oil giant Shell over outstanding debts owed by a previous administration.
15 August 2024
LNG supplier accuses claimants of confidentiality breach
CORRECTED: US LNG exporter Venture Global has accused two claimants in the wave of arbitrations it faces of sharing its confidential information – as counsel in the various proceedings come to light.
06 August 2024
UK court remits award over Gloster’s repeat nominations
A London court has ordered an ICC tribunal to reconsider a jurisdictional award from a Nigerian loan dispute over the apparent bias of UK arbitrator Dame Elizabeth Gloster, who was disqualified from the panel after being challenged over her repeat nominations by Freshfields Bruckhaus Deringer.
02 August 2024
Two ECT panels rule against Spain
ICSID tribunals have handed down decisions in two Energy Charter Treaty cases against Spain arising from changes to its incentives regime for renewable energy – holding the state liable in one case and ordering it to pay damages in the other.
07 June 2024
ConocoPhillips enforces PDVSA award in Trinidad
A court in Trinidad and Tobago has recognised a US$2 billion ICC award won by ConocoPhillips against Venezuela’s national oil and gas company PDVSA – as the US company seeks to recover the US$1.3 billion it says it is still owed.
04 June 2024
Spanish utilities see LCIA award in gas dispute
An LCIA tribunal has reportedly ordered Spanish electric utility Endesa to pay around US$14 million to Spain’s Naturgy in a dispute over transport costs under a long-term gas supply contract.
02 June 2024
Shell hit with claim from South African partner
A Johannesburg-based company has reportedly launched an arbitration against Shell over the value of its stake in their South African joint venture.
09 May 2024
Kazakhstan files mega-claim in oil block dispute
Kazakhstan has reportedly filed an additional claim for up to US$138 billion in lost profits in its pending arbitration against the developers of one of the world’s largest oil fields.
17 April 2024
Canadian court stays suit over LNG terminal pending ICC case
A Canadian court has stayed litigation brought by a Belgian-French-Canadian subcontractor over the construction of an LNG export terminal in favour of ICC arbitration in London.
25 March 2024