Industry: Natural Resources

A Russian court has ordered a Czech state-owned gas transporter to halt a Prague arbitration against Gazprom’s exports arm or face a €113 million penalty.

07 March 2024

A Peruvian mining company says it has won US$42.5 million plus interest in an arbitration against a subsidiary of Singapore-based commodities trader Trafigura over the purchase of a copper and iron deposit.

06 March 2024

A divided UNCITRAL tribunal has thrown out an Indian investor’s US$156 million treaty claim against Mozambique over a rail and port project.

29 February 2024

A London-listed oil and gas company has instructed counsel as it prepares to file the first known investment treaty claim against Ireland, for which it is also seeking third-party funding.

26 February 2024

An ICSID tribunal has declined to order a UK company to post security for costs in a €656.5 million claim over Slovenia’s blanket ban on fracking for natural gas.

23 February 2024

A Houston-based energy company has reportedly threatened to file an arbitration against Equatorial Guinea over the alleged termination of its contract for an offshore gas field.

19 February 2024

A US court has refused to dismiss a South African mining group’s bid to collect on a US$50 million ICC award against a Zimbabwean state-owned mining company, finding that it can be considered an alter ego of Zimbabwe.

15 February 2024

Shell and ExxonMobil have filed a contractual arbitration against the Netherlands over arrangements for the closure of the largest natural gas field in Europe.

14 February 2024

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

UPDATED. A sanctioned Russian engineering company has won more than US$500 million in a SIAC arbitration with Vietnam’s national oil and gas company, after defeating a much larger counterclaim.

12 February 2024