Tag: TSEUK

Chinese state-owned companies sue Talisman Energy for $5.5 billionUSD

Chinese state-owned companies sue Talisman Energy for $5.5 billionUSD

“Addax has chosen to commence legal proceedings to gain an illegitimate benefit instead of devoting all efforts to improving TSEUK’s performance” Addax Petroleum UK Limited and Sinopec International Petroleum Exploration and Production Corporation (both companies ultimately owned by the Chinese Government) have initiated arbitration proceedings against Talisman Energy Inc. (currently Repsol Oil & Gas Canada […]