Work Area: Oil and gas
Curtis promotes in New York and Kazakhstan
Curtis Mallet-Provost Colt & Mosle has promoted energy disputes specialist Susan Maples to partner in New York, while also promoting four new counsel in its Almaty and Astana offices.
18 April 2023
Denmark announces plans to exit ECT
Denmark has signalled its intent to withdraw from the Energy Charter Treaty over concerns it may hinder the transition to green energy, the latest EU member state to join the exodus.
14 April 2023
Long-term LNG agreements and short-term volatility: buyers beware?
Jeremy Richmond KC and William Mitchell of Quadrant Chambers consider how arbitrations may play out where sellers deliberately fail to supply liquefied natural gas under long-term agreements so they can sell into the spot market at a profit.
12 April 2023
Iraq asks US court to enforce against Turkey
Iraq has applied to a US court to enforce an ICC award issued in a multibillion-dollar dispute with Turkey over crude oil exports, putting the award in the public domain and confirming that neither side was entirely successful.
11 April 2023
Kazakhstan brings claims against energy companies
Kazakhstan has reportedly launched claims against several major energy companies over allegations they deducted US$16.5 billion in revenue from two oil and gas fields without obtaining approval.
06 April 2023
Chad faces ICC claim over nationalised oil assets
UPDATED: A UK energy company that recently purchased ExxonMobil’s upstream oil assets in Chad has said it will seek ICC arbitration over the African state’s decision to nationalise them.
28 March 2023
Iraq and Turkey see award in multibillion oil dispute
UPDATED: An ICC tribunal has awarded just under US$1.5 billion to Iraq in a decade-long dispute with Turkey over crude oil exports from the semi-autonomous Kurdistan region – though Turkey says it defeated most of the claims and has also been granted compensation.
27 March 2023
Aynès disqualified from Iranian gas case
Laurent Aynès has been disqualified as president of the arbitral tribunal hearing a US$32 billion case over a gas supply contract brought by Crescent Petroleum against Iran's national oil company.
27 March 2023
Iraqi state entity faces US discovery bid
A Dutch salvage company is seeking US discovery from seven banks as it tries to enforce an ICC award worth US$107 million against an Iraqi state oil company.
27 March 2023
Exiled Myanmar government threatens claim against Thai state entity
Myanmar’s government-in-exile has threatened to bring an arbitration against a Thai state-owned petroleum company to halt payments that it alleges are funding human rights violations by the country’s ruling military junta.
23 March 2023