PDVSA pursues Paraguay for unpaid debt

Monday, 25 July

PDVSA

Venezuela’s national oil and gas company PDVSA has filed an ICC claim against its Paraguayan counterpart Petropar as it looks recover US$265 million in unpaid debt.

Ecuador settles with Chevron over court delay

Monday, 25 July

The Basilica del Voto Nacional in Quito, Ecuador's capital

Ecuador has paid US$112 million to Chevron to honour a five-year-old investment treaty award that compensated the oil company for delays in the country’s court system.

Crystallex funder backs Colombia claim

Monday, 25 July

Páramo in Colombia

A New York private equity firm that reaped a record return by financing an ICSID case against Venezuela has agreed to fund a Canadian mining company’s looming treaty claim against Colombia.

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The Yukos awards set aside • First ICCA Congress in Africa takes place in Mauritius

Featured Article

Yukos shareholders seek to reinstate award

Tuesday, 19 July

The former majority shareholders in Yukos have appealed a Dutch court decision that set aside their US$50 billion Energy Charter Treaty award against Russia and taken steps to suspend enforcement proceedings in certain jurisdictions pending the outcome of the appeal.

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