USD471.77-0.03%EUR547.25-0.22%RUB6.60-0.15%CNY69.35GBP631.94-0.12%JPY2.97AED128.44-0.05%CHF597.48-0.38%USD471.77-0.03%EUR547.25-0.22%RUB6.60-0.15%CNY69.35GBP631.94-0.12%JPY2.97AED128.44-0.05%CHF597.48-0.38%USD471.77-0.03%EUR547.25-0.22%RUB6.60-0.15%CNY69.35GBP631.94-0.12%JPY2.97AED128.44-0.05%CHF597.48-0.38%
Section

Fossil fuels

Kashagan Consortium Initiates Arbitration Over $5 Billion Environmental Fine

International partners in Kazakhstan's massive Kashagan oil field have launched arbitration to challenge a $5 billion environmental fine imposed by authorities.

February 24, 2026
Kashagan Consortium Initiates Arbitration Over $5 Billion Environmental Fine