Conex Oil & Gas Holdings Ltd v PSTV Energy FZCO ([2026] EWHC 2325 (Comm))

Procedural record

1. 10 September 2026England and Wales

   10 September 2026England and Wales

   Judgment of the High Court of Justice, King's Bench Division, Commercial Court in the case CL-2025-000338 dated 10 September 2026

   High Court of Justice, King's Bench Division, Commercial Court

   Case no.

   CL-2025-000338

   Citation

   [2026] EWHC 2325 (Comm)

   Decision summary

   The court dismissed Conex Oil & Gas Holdings Ltd's applications to stay PSTV Energy FZCO's English proceedings under CPR 11 and on case management grounds. It granted permission for Conex's expert report by Ms Brumskine to be adduced on the stay application.

   Supporting details

   Application

   Stay under CPR 11 — Dismissed

   Application

   Case management stay — Dismissed

   Application

   Permission to adduce Ms Brumskine's expert report — Granted

   Conex Oil & Gas Holdings Ltd

   Representative

   Simon Hale KC (For: Conex Oil & Gas Holdings Ltd)

   Representative

   Elliott Cook (For: Conex Oil & Gas Holdings Ltd)

   Expert

   Ms Brumskine (For: Conex Oil & Gas Holdings Ltd)

   PSTV Energy FZCO

   Representative

   Michael Fealy KC (For: PSTV Energy FZCO)

   High Court of Justice, King's Bench Division, Commercial Court

   Judge

   Louise Hutton KC

   Authorities cited

   19

   • Donohue v Armco ([2001] UKHL 64; [2002] 1 All ER (Comm) 97)
     case-law
   • Antec International Ltd v Biosafety USA Inc ([2006] EWHC 47 (Comm))
     case-law
   • Deutsche Bank AG v Highland Crusader Offshore Partners LP ([2009] EWCA Civ 725; [2010] 1 WLR 1023)
     case-law
   • Standard Chartered Bank v Pakistan National Shipping Corporation ([1995] 2 Lloyd's Rep 365)
     case-law
   • The El Amria ([1981] 2 Lloyd's Rep 119)
     case-law
   • The Eleftheria ([1969] 2 WLR 1073)
     case-law
   • Investec Bank v Protopapa ([2025] EWHC 3202 (Comm))
     case-law
   • Spec 1 Limited v The Export-Import Bank of China ([2026] EWHC 1162 (Comm))
     case-law
   • Zephyrus Capital v Fidelis Underwriting ([2024] EWHC 734 (Comm))
     case-law
   • Unwired Planet International Ltd v Huawei Technologies (UK) Ltd ([2020] Bus LR 2422)
     case-law
   • Klöckner Holdings GmbH v Klöckner Beteiligungs GmbH ([2005] EWHC 1453 (Comm))
     case-law
   • Sony Music Entertainment UK Ltd v Noel Redding Estate Ltd ([2023] EWHC 941 (Ch))
     case-law
   • Athena Capital Fund v Secretariat of State for the Holy See ([2022] EWCA Civ 1051)
     case-law
   • Svendborg v Wansa ([1996] 2 Lloyd's Law Reports 559)
     case-law
   • Deutsche Bank AG v Sebastian Holdings AG ([2009] EWHC 3069 (Comm); [2010] EWCA Civ 998)
     case-law
   • Standard Chartered Bank (Hong Kong) Ltd v Independent Power Tanzania Ltd ([2015] EWHC 1640 (Comm); [2016] EWCA Civ 411)
     case-law
   • Mercury v Communication Telesystems ([1999] 2 All ER (Comm) 33)
     case-law
   • British Aerospace v Dee Howard Co ([1999] 1 Lloyd's Rep 368)
     case-law
   • Civil Jurisdiction and Judgments Act 1982
     statute