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A UK court has ruled that a Scottish power generation company operating in war-torn Yemen should not be liable for a payout to a local trading group until a DIFC-LCIA tribunal determines a US$30 million claim over whether their contract was validly terminated.
09 November 2020
An ICC tribunal has upheld Norwegian oil and gas producer DNO’s right to withdraw from an oil block in the wake of the armed conflict in Yemen, while dismissing the bulk of a counterclaim by the Arab state for more than US$100 million.
05 March 2020
An ICC tribunal has ordered a group of international energy companies to pay Yemen almost US$30 million following their abandonment of an oil block.
01 August 2019
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