International Arbitration

A world leader in both foreign investment arbitration and international commercial arbitration, King & Spalding advises energy clients on disputes spanning six continents and touching every aspect of the energy industry.Learn more

33 ArticlesInternational Arbitration

by: Kate Hill

The International Court of Justice is currently considering a maritime boundary dispute between Somalia and Kenya, which may have important repercussions for offshore oil and gas development in East Africa. Read more

by: Jia Hoe and Simon Dunbar

In recent years Hong Kong and Singapore have emerged as leading global centres for dispute resolution as a result of legislative changes, arbitration rules revisions, and the opening of new state-of-the-art facilities for mediation and arbitration.Read more

by: Amy Frey and Christopher Smith

Favorable incentive programs encouraged foreign and domestic investment in European alternative energy projects. However, some European countries have retroactively modified these programs significantly, impairing these investments. International investment treaties provide an avenue for some investors to recover their damages.Read more

by: Charlene Sun and James Berger

The ICSID Convention is a critical mechanism for the settlement of investor-State disputes and provides binding and streamlined procedures for the enforcement of arbitral awards. Recent federal district court opinions from New York and the District of Columbia suggest a developing split in the application of ex parte state law judgment enforcement procedures. Read more

by: Jamie Miller

Mexico’s first auction of shallow water blocks in eighty years fell well short of expectations. While some may cite a significant decrease in the price of oil from when the auction was first announced, others have criticized harsh provisions in the model contract including the exclusion of key disputes from its arbitration clause.Read more

by: Sarah Vasani

Last month, the International Centre for Dispute Resolution (ICDR) Young & International, International Chamber of Commerce (ICC) Young Arbitrators Forum and the Portuguese Arbitration Association... Read more

by: John Bowman

Despite an initial, notable rebuff of the notion of a lex petrolea some thirty years ago by an arbitral tribunal, today four possible sources of a lex petrolea can be identified and considered – national petroleum laws, international petroleum contracts, custom and practice in the international oil industry, and international arbitration awards – and questions about the existence and composition of a lex petrolea can once again legitimately be asked.Read more

by: Nina Howell, Sarah Vasani and Grigori Lazarev

An ICSID tribunal recently ruled on the compensation payable by Venezuela to ExxonMobil for the nationalization of ExxonMobil’s Cerro Negro and La Ceiba projects. ExxonMobil had claimed US$14.5 billion and Venezuela had offered US$353 million. The ruling that Venezuela pay ExxonMobil US$1.6 billion has been declared a victory by both sides.Read more

by: Margrete Stevens

On September 1-2, King & Spalding sponsored a major conference on energy disputes held in Copenhagen. Hosted by the Danish Institute of Arbitration, the event included some 160 international practitioners and in-house counsel. Read more

by: Jeffrey H. Perry

The Petroleum Economist Awards were adjudicated by a panel of independent experts drawn from across the international energy industry and included: Abdullah Salem El Badri, Secretary General, OPEC; Lord Cullen of Whitekirk, KT; Torstein Indrebø, Secretary General, International Gas Union; and Lord John Browne, Baron Browne of Madingley, former Chief Executive, BP. Read more