High Court Gives Chinese Entity More Time To Respond In Ecuadorian Oil Award Row

( December 12, 2023, 2:22 PM EST) -- WASHINGTON, D. C. — The U. S. Supreme Court granted a Chinese company-owned oil investor nearly two months to respond to a U. S. oil company’s petition for a writ of certiorari challenging the Second Circuit U. S. Court of Appeals’ affirmance of an award against it worth more than $392 million in relation to a $1 billion Ecuadorian oil dispute between the parties after requesting a response from the Chinese investor. . . .