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/PRNewswire/ - Turquoise Hill Resources (the Company) today announced its financial results for the year ended December 31, 2021. All figures are in U.S....
The Panna-Mukta and Mid & South Tapti are shallow-water fields located in the offshore Bombay basin
Reliance and Shell had through the arbitration sought raising of the limit of cost that could be recovered from sale of oil and gas before profits are shared with the government. The award came this year.
The decision clarifies the circumstances under which an arbitral award might be challenged. A recent decision by the English Commercial Court indicates that failure to comply with a precondition to arbitration (such as an obligation to negotiate) calls into question the admissibility of a claim, rather than calling into question the jurisdiction of the arbitrators to hear such a claim. As parties to arbitration can only challenge an award through the English courts under s. 67 of the Arbitration Act 1996 (the Act) for lack of jurisdiction, and not in relation to the admissibility of a claim, ...
I personally believe that President Bio will be remembered just like our past HEROES Sengeh Pieh, Bai Bureh, and Sir Milton Margai based on the fact that they all fought for the DIGNITY, FREEDOM AND JUSTICE for our citizens. President Bio will always refuse to sell his “BIRTHRIGHTS for a bowl of porridge”. Let us continue to hope and pray that SL Mining will abandon the ideology of GREED. They should use their conscience by destroying the agreement signed with the destructive APC party in the 11th hour (which includes bribery) before they were kicked out of Statehouse. The upcoming ar...