Work Area: Oil and gas

Gazprom launches new price review over supply to Poland

UPDATED: Gazprom’s exports arm says it has launched another price review claim under a long-term gas sale agreement with Polish state utility PGNiG – while it continues to try to overturn the outcome of a prior arbitration.

17 January 2022

Croatia seeks to reopen award in bribery dispute

Croatia has said it will ask a Swiss court to review an UNCITRAL award in favour of Hungarian oil and gas group MOL in the wake of a corruption verdict against a former prime minister – as the Balkan state settles a separate dispute with a US investor.

06 January 2022

Nappert rules in Pakistan gas dispute

Canadian-British arbitrator Sophie Nappert has ruled in favour of a Pakistani state-owned entity in a US$109 million LCIA dispute over supplies of gas for two power plants.

16 December 2021

Jersey oil company prepares claim against Kurdistan

A London-listed oil company says it will launch an international arbitration against Iraqi Kurdistan after the regional government terminated two production sharing contracts.

10 December 2021

DRC brings ICC claim against Gertler companies

The Democratic Republic of the Congo has reportedly filed an ICC claim against two companies owned by sanctioned Israeli billionaire Dan Gertler, seeking US$154 million and the termination of a contract for two oil blocks.

02 December 2021

Kazakhstan defeats ICSID claim over oil venture

An ICSID tribunal has rejected a US energy company’s US$460 million treaty claim against Kazakhstan over the alleged appropriation of an oil venture, according to the state.

29 November 2021

Canadian province prepares NAFTA claim

After the Biden administration was hit with a US$15 billion NAFTA claim by the owner of a cancelled cross-border pipeline project, the Canadian province of Alberta has confirmed it intends to bring its own investment arbitration against the US – which practitioners suggest could be the first case of its kind under the trade agreement.

26 November 2021

“Time is of the essence”: Australian gas price review blocked on appeal

Chevron and its partners in a massive Australian gas project have won an appeal preventing a Rio Tinto subsidiary from bringing a price review claim that was notified outside the window stipulated in the contract.

24 November 2021

Pipeline investor launches mega-claim against US

A Canadian energy company has launched a US$15 billion legacy NAFTA claim against the United States over the cancellation of its permit for the controversial Keystone XL pipeline project, complaining it has suffered a “regulatory rollercoaster” under three US administrations.

23 November 2021

Baker Hughes sees award upheld in Nigerian LNG plant dispute

A Luxembourg company has failed to revive a US$763 million ICDR claim against US oilfield services group Baker Hughes over a liquefied natural gas project in Nigeria.

19 November 2021

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