The political and economic volatility in the energy sector has resulted in complex, high-value disputes across a range of jurisdictions.
The increasing incidence of state intervention, coupled with more intense competition for resources and stronger regulation, has contributed to a rise in contentious matters.
We have advised on many of the most high profile cases in this area, managing effectively and efficiently numerous disputes where hundreds of millions, sometimes billions, of dollars are at stake. These cases are typified by significant volumes of documentation and complex, disputed facts. We have an outstanding record of assisting our clients in avoiding or resolving disputes and regulatory issues through negotiation, mediation, international arbitration, litigation, expert determination and other forms of alternative dispute resolution. As well as multinational corporations active in the energy sector, we regularly advise states and international organisations on disputes in this sector.
We are, in particular, recognised as market leaders and innovators in relation to disputes arising under the Energy Charter Treaty in relation to cross-border energy investments. Having brought the first-ever claim under that Treaty in 2000, we are currently acting on the first collective proceeding under it, as well as representing clients on a number of other claims in the renewable energy sector.
Our gas price disputes practice is second to none. In 2014, Global Co-Head of International Arbitration Mark Levy QC edited the first book on the subject, Gas Price Arbitrations: A Practical Handbook. The second edition, co-edited by Mark and London arbitration partner James Freeman, was published in November 2019.
News & insights
Publications: 03 APRIL 2020
As Covid-19 coronavirus continues to spread across the globe, the various forums for dispute resolution worldwide find themselves presented with novel challenges, in particular relating to issues around physical attendance at hearings. While much of the dispute resolution process is document based, up until this point, hearings have usually involved the parties, experts, witnesses and adjudicators gathering in person.Read more
News: 30 MARCH 2020
Allen & Overy today announced that Paul Keller has rejoined the firm as a partner in the litigation practice, based in New York. His return underscores Allen & Overy’s commitment to building a premier global IP litigation practice by investing in the U.S. and matching recent hires across Europe and China.Read more
Publications: 30 MARCH 2020
The Covid-19 pandemic and its consequences are having a major and sudden impact on economic activities and in particular the conditions in which contracts are being performed.Read more
Publications: 01 OCTOBER 2018
Ukraine’s recent attempt to resist enforcement of an UNCITRAL award on sovereign immunity grounds has failed. Most importantly, the decision confirms the inherent value in any arbitration agreement –a State may lose the right to claim immunity, as a basis for resisting enforcement, by agreeing to arbitrate “any dispute” in the underlying Bilateral Investment Treaty: PAO Tatneft v Ukraine  EWHC 1797 (Comm), 13 July 2018Read more
The firm is highlighted as ‘a powerhouse’ in international arbitration” and is “highly rated for its skilful handling of investment treaty disputes. Wins further recognition for its thriving sanctions practice and expert advice on sovereign immunity, Energy Charter Treaty claims, WTO matters and EU law.
Chambers Global 2019, Public International Law
Prominent international team. Represents key industry players in the energy sector, with significant expertise in disputes relating to gas-price reviews and arising under the ECT.
Chambers Global 2019, International Arbitration