ECT

Energy Charter Treaty

Germany bails out Uniper with multi-billion euro package
Germany has agreed to buy a stake in Uniper. The deal is subject to Uniper withdrawing a lawsuit against the Netherlands in connection with the Energy Charter Treaty.
Fossil fuel investment protection – it’s time for actions to speak louder than words
Political leaders and companies who are major contributors to climate change have expressed increasing commitment to playing a role in addressing climate change, but there appears to be a gap between these sentiments and negotiations...
Nigeria eyes global energy charter for investments
Nigeria is targeting to be part of the International Energy Charter (IEC), a global community that will enable it to attract Foreign Direct Investments (FDI) to accelerate power sector development.
Croatia loses international arbitration against Hungary’s MOL over gas business
Croatia has lost an international arbitration case launched by Hungarian oil and gas group MOL over Zagreb’s failure to fulfil obligations under an agreement about the gas business of the jointly owned Croatian oil company INA.
Ascent starts mediation process in Slovenian partner dispute
UK-listed Ascent Resources and its Slovenian joint venture partner Geoenergo have initiated the mediation process under a dispute resolution mechanism.
Deal for modernized Energy Charter Treaty insufficient for ambitious climate action
The new "agreement in principle" for a modernized Energy Charter Treaty (ECT) falls short of pledges to make the trade and investment deal better suited to achieving international climate goals, IISD experts say.
Stockholm arbitration tribunal denies jurisdiction over intra-EU investment dispute under the Energy Charter Treaty
In a award, made in Green Power Partners K/S and SCE Solar Don Benito APS v Spain, a tribunal unanimously denied its jurisdiction over an intra-EU investment dispute arising under the Energy Charter Treaty.
Energy treaty update fails to address climate crisis, activists say
1994 agreement allows investors to sue governments for changes in energy policy that harm their profits.
Young people go to European court to stop treaty that aids fossil fuel investors
Five claimants aged 17-31 want their governments to exit the energy charter treaty, which compensates oil and gas firms.