energy

oil, gas, agrofuels

After intra-EU BITs and the ECT, the EU needs to abandon extra-EU BITs—for legal, energy and climate policy, and political economy reasons
EU members should terminate extra-EU BITs. To facilitate the process, the EU could spearhead an instrument similar to the plurilateral agreement to terminate intra-EU BITs or based on the draft treaty language on termination proposed to UNCITRAL.
ExxonMobil sues the Netherlands over gas field closure
The multinational disagrees with the decision that gas production in the Dutch province of Groningen will be shut down early.
Update on arbitrations against the Republic of Tunisia
The investors have determined a revised amount of US$503 million as the total claimed amount of the ICSID Arbitration
German player to pursue multibillion-euro arbitration over Russia energy assets
The “de-facto expropriation of Wintershall’s interests in Russian gas ventures was formalised in December 2023 when President Putin issued decrees invalidating gas sale contracts and transferring assets to Russian companies.
Investors sue Finland for attempt to curb power transmission prices
Investors in Finland's largest power distributor Caruna are taking the Nordic country to arbitration, the Finnish foreign ministry said, due to the Finnish Energy Authority's attempt to curb rising power transmission prices for ordinary consumers.
SAMIR case: Morocco, Corral Holdings file for rectification of ICSID ruling
The SAMIR affair, dating back to the refinery’s 2015 closure, has seen Morocco and Corral Holdings locked in a bitter dispute before the ICSID tribunal.
Spain suffers energy award setback in US
Three energy companies took a step closer to enforcing their respective Energy Charter Treaty-related arbitral awards in a US appellate court, but the saga is far from over.
‘Expropriation threat’: Tanzania hit by $1.2 billion damages claim in bitter gas field dispute
Toronto-listed Orca Energy has hit Tanzania's government with a US$1.2 billion claim
State lawmakers urge US exit from toxic ISDS mechanisms in trade deals
"Outdated trade rules like ISDS can pose a real threat to states' sustainable energy initiatives and the good-paying jobs they create," said one lawmaker from Maine
Turkey ratifies free trade zone agreement with Ukraine
Turkey ratified the agreement on a free trade zone with Ukraine on Aug. 2, more than two years after the agreement was originally signed.