Job Role: Oil & gas exploration & production
Counsel resign ahead of hearing in Iranian gas dispute
The final hearing of a US$32 billion case against Iran's state-run oil company has been postponed less two than two weeks before it was due to begin, after Wolfgang Peter and his team at Peter & Kim resigned over an alleged due process failure and co-counsel from Eversheds Sutherland followed suit.
06 March 2023
Russian court rules against Siemens in rail dispute
A Russian court has ruled that a Siemens entity must fulfil a billion-euro contract for high-speed trains after disapplying an Austrian arbitration agreement – as another German multinational fails to lift a freeze on its Russian assets.
01 March 2023
ICC decides fight over Romanian oil and gas block
A Jersey oil and gas company says it has won an ICC arbitration against its Kazakh state-owned former partner in an onshore exploration block in Romania.
24 February 2023
UK oil company takes Ghana to ICC
The UK’s Tullow Oil says its subsidiary has filed a pair of ICC arbitrations against Ghana over disputed tax assessments by the state revenue authority worth over US$387 million.
14 February 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
Hungary’s MOL seeks to enforce against Croatia
A Hungarian oil and gas group that won a US$237 million ICSID award against Croatia after defeating the state’s bribery defence has moved to enforce it in a US court, putting the award in the public domain.
26 January 2023
Energy disputes and war in Ukraine
A virtual panel hosted by Squire Patton Boggs considered potential energy disputes arising from the war in Ukraine. Olha Martynevych and Kateryna Shokalo, Ukrainian lawyers in the firm’s New York office, report.
24 January 2023
Iranian gas award enforced in Rotterdam
Iran’s national oil company has failed to halt enforcement of a US$2.4 billion award in Rotterdam despite its last-minute entreaty to Dutch prosecutors to investigate the Emirati award creditor for alleged corruption.
13 December 2022
Canada defeats NAFTA claim over fracking ban
A divided NAFTA tribunal has rejected a US oil and gas company’s US$250 million claim against Canada over a revoked fracking permit – after a nine-year proceeding delayed by the death of an arbitrator.
22 November 2022
Kosovo defeats ICC claim over microfinance licence
Kosovo says it has defeated a €30 million ICC claim brought by an Estonian fintech company over a revoked microfinance licence.
21 November 2022