ECT

Energy Charter Treaty

Ukraine wins arbitration in Stockholm on "green tariff"
The Arbitration Tribunal in Stockholm rejected the claim of the foreign investor Modus Energy International B.V. regarding changes to the "green tariff".
Greenx Metals shares up as wins court case in Singapore against Poland
The mining company said the Singapore International Commercial Court of the Republic of Singapore rejected in its entirety, the Republic of Poland's application to set aside the Energy Charter Treaty award.
NGOs call on Government to leave Energy Charter Treaty as new claim emerges
Civil society groups are calling on the Government to leave the Energy Charter Treaty (ECT) and reject ISDS, as a new threat emerges over the government's refusal to grant an exploration licence to an oil and gas company.
Luxembourg eco-investors helped sink condemned energy treaty
Funds used fossil-fuel friendly tool to fight back when countries pulled renewable energy incentives, hurting their green investments.
Dutch Supreme Court rejects Russia’s final appeal in $50B Yukos case
The Dutch Supreme Court on Friday rejected a final appeal by Russia against a $50 billion arbitration award to former shareholders of Russian oil giant Yukos, who claimed Moscow deliberately bankrupted the company more than 20 years ago.
Romania withdraws from the Energy Charter Treaty
The Government has approved a draft law approving Romania’s withdrawal from the Energy Charter Treaty.
Exxon and Shell sue the Netherlands in secret tribunals for closing Europe’s biggest gas field
Following billions in profits and over a thousand gas extraction-related earthquakes, the oil and gas giants filed claims against the Dutch state in four separate investor-state disputes concerning compensation for home damages and the permanent closure of the Groningen gas field.
Israeli court refuses to enforce €20m ruling against Spanish gov't
German company Sunflower cannot enforce in Israel a binding arbitration award requiring the Spanish government to pay it €18.4 million plus €1.5 million in costs.
Annulment insurance and disposal of Italian assets
Rockhopper has drafted new request for arbitration against Italy and expects to submit it in the coming weeks.
EU refers Hungary to the highest court
The European Commission has referred Hungary to the Court of Justice of the European Union for refusing to comply with a key European Union ruling on investor-state arbitration under the Energy Charter Treaty.