Chinese Entities File Notice Of Arbitration Against Repsol Oil & Gas

(June 20, 2016, 2:19 PM EDT) -- MADRID — A Canadian oil and gas company announced on June 20 that two entities owned by the Chinese government have commenced arbitration against it in relation to their investment in an energy firm.

Repsol Oil & Gas Canada Inc., formerly Talisman Energy Inc., said in a news release that Addax Petroleum UK Limited and Sinopec International Petroleum Exploration and Production Corp., both companies owned by the Chinese government, have commenced arbitration against it and Talisman Colombia Holdco Limited. The notice was filed June 17....
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