ECT

Energy Charter Treaty

Nord Stream 2 takes unusual legal step against the Commission
The Nord Stream 2 pipeline company has asked the Court of Justice of the EU to annul the amendments to the Gas Directive but Nord Stream 2 reserves itself this option of resorting to legal arbitration as well.
Nord Stream 2, EU drifting towards legal arbitration
The European Commission and the Nord Stream 2 gas pipeline company are heading toward legal arbitration in their dispute, with a risk of huge fines for EU taxpayers.
Ascent Resources starts legal action over Petišovci gas field
Ascent Resources plans to lodge an investment treaty arbitration claim under the Energy Charter Treaty.
EU asserts ‘right to regulate’ as part of energy charter treaty reform
EU member states gave the European Commission a mandate to revise the Energy Charter Treaty, saying the legally-binding charter must reinstate Europe’s “right to regulate” in areas like climate change and workers’ rights.
Energy Charter Treaty modernisation: European Commission presents draft negotiating directives
The European Commission adopted a proposal for a Council Decision authorising negotiations to modernise the Energy Charter Treaty (ECT), to which the EU is part.
Dutch court upholds $5.2 billion asset freeze on major Kazakhstan oil field
Frozen assets securing a $532 million award against Republic of Kazakhstan.
Nord Stream 2 invokes Energy Charter Treaty to challenge EU gas link rules
EU plans to extend its internal energy market rules to Russia's Nord Stream 2 natural gas link to Germany could breach the Energy Charter Treaty, which protects international investors, according to the Swiss-registered company building it.
ICSID tribunal rejects EVN claims for further compensation from Bulgaria
EVN and Bulgaria reached an out-of-court settlement, under which part of the claims regarding the remuneration obligations for renewable energy were offset between a Bulgarian EVN subsidiary and the Bulgarian state-owned National Electricity Company.
Berlin court orders Yukos ex-shareholders to pay Russia 188,000 euros in legal costs
A Berlin court has ordered former shareholders of Hally's Parsons Green, linked to now defunct oil company Yukos, to compensate Russia its legal costs to the tune of 188,000 euros.
NextEra Energy wins dispute against Spain
The ICSID ruled against Spain in a case brought by NextEra Energy Inc regarding the US utility’s lost investments in two 49.9-MW concentrated solar power plants.