MEXICO CITY, MEXICO (By Fidencio Casillas, Editores LatinPetroleum, 29.Sep.2026, Words: 377) — Mexico’s Ministry of Economy successfully represented the Mexican state in the international arbitration initiated by Doups Holdings LLC, […]
Tag: ICSID
Mexico violated int’l law in its treatment of Vulcan
BIRMINGHAM, ALABAMA (By Vulcan, 9.Sep.2026, Words: 388) — Today, the International Centre for Settlement of Investment Disputes (ICSID) Tribunal published its decision confirming that the Government of Mexico violated international […]
Aris Mining reaches deal with Colombian government to end ICSID arbitration
VANCOUVER, BRITISH COLUMBIA (By Aris Mining , 19.Nov.2025, Words: 517) — Aris Mining Corporation has entered into a settlement and termination agreement with the Republic of Colombia, represented by the National Agency […]
US Oil Service Group Seeks $100mn From Mexico In Arbitration Claim
(Reuters, 18.May.2021) — A U.S. oil service group introduced a $100 million claim before a World Bank arbitration court alleging Mexico violated investor protections under the NAFTA trade pact by […]
Damages Awarded To Perenco For FET Breach In Ecuador
(Institutional Institute for Sustainable Development, 17.Dec.2019) — A long-standing tribunal under the France–Ecuador BIT has issued its final award on compensation. The award orders Ecuador to compensate oil and gas […]
Venezuela’s Citgo Refineries At Risk Of Seizure
(Forbes, Robert Rapie, 12.Aug.2018) – In 2007, following Venezuela’s expropriation of billions of dollars of assets from U.S. companies like ExxonMobil and ConocoPhillips, I suggested a potential remedy. Since Venezuela’s […]
ICSID Orders Ecuador Pay ConocoPhillips $380 Mln
(ConocoPhillips, 8.Feb.2017) – ConocoPhillips’ wholly owned subsidiary, Burlington Resources Inc., received an arbitration award of $380 million from an international arbitration tribunal, constituted under the International Centre for the Settlement […]
Paris Court Favors with Gold Reserve
(Gold Reserve Inc., 7.Feb.2017) – Gold Reserve Inc. announced that on February 7, 2017, the Paris Court of Appeal rejected all of Venezuela’s arguments and issued a judgment dismissing the […]
Court Enters Default Against Venezuela
(Gold Reserve Inc., 30.Mar.2015) – Gold Reserve Inc. reported on developments in the proceedings instituted in the U.S. District Court for the District of Columbia to confirm the $740 million […]
Venezuela Seeks Disqualification of ICSID Judges
(Energy Analytics Institute, Jared Yamin, 26.Mar.2015) – Venezuela presented a letter to the ICSID court requesting the dismissal of judge Kenneth Keith. Keith is the president of the arbitration tribunal […]
Owens-Illinois Wins Venezuelan Arbitration
(Owens-Illinois, Inc., 12.Mar.2015) – Owens-Illinois, Inc. reported that its Dutch subsidiary, OI European Group B.V. (OIEG), has prevailed in an international arbitration against Venezuela. OIEG has been awarded more than […]
Harvest Withdraws Venezuelan Arbitration Request
(Harvest Natural Resources, 29.Jan.2015) – Harvest Natural Resources, Inc. announced that its affiliates, HNR Finance B.V. (Harvest BV) and Harvest Vinccler S.C.A. (HVSCA), have withdrawn without prejudice a Request for […]
Harvest Files Arbitration Request Against Venezuela
(Harvest Natural Resources, 16.Jan.2015) – Harvest Natural Resources, Inc. announced that its affiliates, HNR Finance B.V. (Harvest BV) and Harvest Vinccler S.C.A. (HVSCA), submitted a Request for Arbitration against the […]