Shell has lost an international arbitration case related to cost recovery at the Karachaganak oil field in Kazakhstan. The ruling, which also affects partner Eni, could leave Shell exposed to a payout ...
The oil majors including Shell (SHEL) and Eni (E) that operate the Karachaganak field in Kazakhstan lost an international ...
Jan 26 (Reuters) - An international consortium developing the Karachaganak field has lost an arbitration case brought by Kazakhstan's government, leaving them liable to pay as much as $4 billion in ...
It has recently emerged that the oil majors developing Kazakhstan’s Karachaganak field have lost an international arbitration ...
ASTANA, Jan 28 (Reuters) - Kazakhstan's Minister of Energy Yerlan Akkenzhenov said on Wednesday media reports that an international consortium developing the Karachaganak field had lost an arbitration ...
Kazakh officials accepted bribes to approve billions of dollars of costs incurred by top oil companies at one of its giant ...
Bloomberg News, citing sources familiar with the situation, reported that an international consortium working on the ...
According to Bloomberg, the arbitration tribunal has not yet determined the final compensation amount, and the Karachaganak ...
Authorities in Kazakhstan have ordered Shell (NYSE:SHEL) and Eni (NYSE:E) to halt plans for construction of a natural gas refinery at the Karachaganak gas and condensate development, as a long-running ...