• Linkedin
  • Twitter
  • Rss

Oil, Gas & Energy Law

Skip navigation

Oil, Gas & Energy Law

Global Energy Law & Regulation Portal

Join OGELFORUM

Oil, Gas & Energy Law

Global Energy Law & Regulation Portal

  • Sign in
  • Subscribe
  • Home
  • Sign in
  • About About
    1. Home
    2. About
    3. About OGEL
    4. About OGEL
    5. Founding Editor T.W. Wälde
    6. T.W. Wälde
    7. Editorial team
    8. Editorial team
    9. Contributing Authors
    10. Contributing Authors
    11. Subscriptions
    12. Subscriptions
  • Journal Journal
    1. Home
    2. Journal
    3. Browse Issues
    4. Browse
    5. Articles by Category
    6. By Category
    7. Articles by Author
    8. By Author
    9. Advance publication
    10. Advance publication
    11. Specials
    12. Specials
    13. Search
    14. Search
    15. Book reviews
    16. Reviews
  • Legal & Regulatory docs. L & R docs
    1. Home
    2. Legal & Regulatory docs.
    3. L&R by Country
    4. L&R by Country
    5. L&R by Category
    6. L&R by Category
    7. L&R recent additions
    8. L&R recent additions
    9. Search
    10. Search
  • OGELFORUM OGELFORUM
    1. Home
    2. OGELFORUM
    3. About OGELFORUM
    4. About OGELFORUM
    5. Browse archive
    6. Browse by date / topic
    7. Search
    8. Search
    9. Join
    10. Join
  • News & Events Events
    1. Home
    2. News & Events
    3. News
    4. News
    5. Events
    6. Events
  • OGEL Studies OGEL Studies
    1. Home
    2. OGEL Studies
    3. About OGEL Studies
    4. About OGEL Studies
  • Subscribe
Home > Journal

How Damages Were Calculated in Mobil Cerro Negro v PDVSA – A short note

  • Sign in
  • Table of contents
  • In this category
  • Suggested citation
M. Kantor
Kantor, Mark

Article from: OGEL 3 (2012), in OGEL Ten Years Special Issue: Internationalisation of Energy Law

Introduction

January 18th, 2012 - A short note looking into how the arbitral tribunal in the ICC arbitration Mobil Cerro Negro v. Petroleos de Venezuela S.A. et al. (ICC Case No. 15415/JRF) reached its conclusions regarding the sum to be awarded Mobil Cerro Negro as compensation for the Cerro Negro heavy oil project. It appears the amount awarded to the ExxonMobil subsidiary was calculated from a contractual indemnity clause with a cash flow formula for the project's oil in the joint venture's Association Agreement with PDVSA and related Accounting Principles ...

To read this article you need to be a subscriber

Sign in

Forgot password?

Sign in

Subscribe

Fill in the registration form and answer a few simple questions to receive a quote.

Subscribe now

Why subscribe?

OGEL journal

Access to OGEL Journal articles (well over 3000 articles in total for Premium account holders)

Legal & regulatory

Access to Legal & Regulatory data (well over 10000 documents)

OGELFORUM

OGELFORUM membership (lively discussion platform bringing together the world's international oil, gas and energy community)

Suggested Citation

M. Kantor; "How Damages Were Calculated in Mobil Cerro Negro v PDVSA – A short note"
OGEL 3 (2012), www.ogel.org

URL: www.ogel.org/article.asp?key=3294

Call for contributions

OGEL Call for Papers: COVID-19 and the Energy Transition

Dr. Theophilus Acheampong and Professor Tina Soliman Hunter

  • Dr. Theophilus Acheampong
  • Prof. Tina Hunter

OGEL Call for Papers: Law and Policy for Gas Flaring in a Low-carbon Economy

Dr. Tade Oyewunmi and Mohamed Rali Badissy

  • Dr. Tade Oyewunmi
  • Mohamed Rali Badissy

OGEL Call for Papers: The Circular Economy and the Energy Transition

Dr. Maria R. Mazzanti and Giacomo Luciani

OGEL Call for Papers

OGEL Call for Papers: Review of the Energy Sector in Ghana

OGEL Editorial Team

OGEL
  • More
  • Contribute

Advance publication

Direct Challenges Against EU Acts and Standing Requirements for Private Persons - Order of the General Court on 20 May 2020 in Case T 526/19, Nord Stream 2 v Parliament and Council

14 Apr 2021

K. Talus

  • K. Talus

Moving the Goalpost? Policy and Regulatory Issues Concerning Ghana's Renewable Energy Integration Targets

9 Apr 2021

N.A. Obeng-Darko

  • N.A. Obeng-Darko

Quest for Energy Transition - The Role of Renewable Energy Development in Ghana

9 Apr 2021

S. Adam, S. Suleman, F.X. Tuokuu

  • S. Adam
  • S. Suleman
  • F.X. Tuokuu
  • More
  • Contribute

Stay connected

Sign up for our email alerts.

  • Issues
  • Advance publication
  • News
  • Linkedin
  • Twitter
  • RSS

Join the debate

Want to join OGELFORUM, our unique platform for oil, gas and energy issues?

Simply fill in the registration form to start your trial membership.

Download the app

  1. App store
  2. Google play

The Oil, Gas & Energy Law Intelligence (OGEL, ISSN 1875-418X) Journal and OGELFORUM listserv focus on recent developments in the area of oil, gas, energy law, regulation, treaties, judicial and arbitral cases, voluntary guidelines, tax and contracting, including the oil, gas, energy geopolitics. Read our Terms & Conditions here, and our Privacy Policy here.

About OGEL

  • Terms & Conditions
  • Contribute
  • Subscriptions
  • Contact
  • Help

Other publications

  • Transnational Dispute Management (TDM)

© 2004 - 2021. Published by MARIS.

  • Home
  • Contribute
  • Subscriptions
  • Contact
  • Help