Region: China

Chinese consortium brings claim over Cyprus LNG project

A Chinese consortium is pursuing a €200 million claim in a London arbitration against two Cypriot state-owned entities over a delayed project to construct a liquefied natural gas terminal.

21 February 2024

Oxy agrees to settle dispute with Ecuador oil block partner

Occidental Petroleum says it has reached a preliminary settlement with its Chinese former partner in an Ecuadorean oil block to settle a long-running fight over the proceeds of an ICSID award.

13 February 2024

Singapore group wins CIETAC dispute over carmaker

Israeli billionaire Idan Ofer’s Singapore investment company Kenon Holdings says it has won a US$250 million award in a CIETAC arbitration against a Chinese conglomerate over the sale of shares in a now-defunct car manufacturer.

13 February 2024

Singapore investors fail to revive BIT claim against China

A Swiss court has rejected a bid by two Singaporean mining investors to revive a US$170 million arbitration against China, affirming that the underlying investment treaty requires that their claims be heard in the Chinese courts.

31 January 2024

ICSID panel grants interim relief in Congo lithium feud

An Australian mining company says it has obtained provisional measures in an ICSID arbitration against the Democratic Republic of the Congo over a disputed lithium project that has also spawned various ICC claims.

23 January 2024

Chinese firm hires from Akin Gump

Chi Ho Kwan has left Akin Gump Strauss Hauer & Feld to join Chinese firm Jingtian & Gongcheng as a partner in its Hong Kong office.

15 December 2023

Ecuadorean state entity settles oilfield dispute with Sinopec

Petroecuador has agreed to partially pay a US$64 million UNCITRAL award won by Chinese state-owned energy group Sinopec over three Amazonian oilfields.

07 December 2023

Oxy asks US Supreme Court to rule on evident partiality

Occidental Petroleum has asked the US Supreme Court for leave to appeal the recognition of a US$560 million award based on an arbitrator’s failure to disclose an alleged relationship with a member of the other side’s counsel team.

16 November 2023

China’s energy deficit: opportunities for lawyers?

A panel at GAR Live Beijing considered the energy challenges facing China, the increase in energy disputes concerning Chinese companies, and the opportunities for arbitration lawyers in China and overseas.

19 October 2023

Sinopec to bring claim against LNG supplier

China’s Sinopec is reportedly preparing to file for arbitration against a US exporter of liquefied natural gas that is already facing claims totalling US$2 billion from other energy and construction companies.

12 October 2023

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