(August 4, 2016, 12:49 PM EDT) -- THE HAGUE, Netherlands — A tribunal for the Permanent Court of Arbitration (PCA) on Aug. 3 issued a statement giving various updates in two arbitrations commenced against the Russian Federation, noting that a hearing on jurisdiction has been held and that Russia did not participate in the hearing (PJSC Ukrnafta v. the Russian Federation, No. 2015-34, PCA; [i] Stabil LLC, [ii] Rubenor LLC, [iii] Rustel LLC, [iv] Novel-Estate LLC, [v] PII Kirovograd-Nafta LLC, [vi] Crimea-Petrol LLC, [vii] Pirsan LLC, [viii] Trade-Trust LLC, [ix] Elefteria LLC, [x] VKF Satek LLC, [xi] Stemv Group LLC v. The Russian Federation, No. 2015-35, PCA)....