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A South African oil company has obtained a default judgment from a US court enforcing a US$619 million ICC award against the Democratic Republic of the Congo over contracts for four petroleum blocks.
16 September 2021
A Houston energy company has threatened Mexico with a treaty claim after the country’s national petroleum company, Pemex, was designated as the operator of an offshore oilfield.
06 September 2021
Royal Dutch Shell has agreed to pay US$112 million to Nigeria in compensation for oil spills in the Niger Delta over 50 years ago – as an ICSID case that reportedly relates to the same environmental liabilities remains pending.
18 August 2021
The heirs of a Saudi official have once again failed to enforce an US$18 billion award against Chevron in the United States, as their counsel face the prospect of court sanctions for allegedly relying on a “fabricated” news article.
17 August 2021
An AAA tribunal has dismissed a US$55 million claim against BP by subsidiaries of a Bermudan deepwater drilling contractor over tax liabilities.
06 August 2021
UPDATED: Moldovan investors Anatolie and Gabriel Stati have threatened Kazakhstan with a fresh Energy Charter Treaty claim over its refusal to pay an earlier US$545 million award, which the state alleges was obtained through fraud.
05 August 2021
ExxonMobil has filed an ICC claim against an Iraqi state-owned oil company over a stalled attempt to sell a stake in a US$50 billion oilfield.
02 August 2021
Bahamian oil company Perenco says Ecuador has defaulted on an undertaking to pay a US$391 million ICSID award, as a US court lifts a stay on its enforcement.
29 July 2021
Emirati energy company Dana Gas says it has defeated an LCIA claim brought by a US energy group over the aborted sale of Egyptian assets, less than three months after it was filed.
29 July 2021
UPDATED WITH AWARD: A Dutch-seated tribunal has ordered an entity owned by billionaire Isabel dos Santos to return shares worth over €650 million to Angola’s national oil and gas company, ruling they were acquired illegally.
27 July 2021
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