ISDS Case Map
energy
oil, gas, agrofuels
Multinational corporation ConocoPhillips is seeking to join a court-mandated sale of CITGO shares to collect on a US $8.5 billion international arbitration award.
Investment protection is necessary to encourage energy transition investment.
A US trade official stressed Mexico's need to address "serious concerns" from the United States of its energy measures, which were raised during consultations under a regional trade pact, the US Trade Representative's office said.
Eleven countries have already pledged to exit the disastrous international charter treaty. We must join them.
UNCTAD presents a new toolbox to make international investment agreements actively support the shift from fossil fuels to renewable energy sources.
The Energy Charter Treaty, which Spain is trying to leave, protects investments in fossil fuels and in renewables.
The World Bank arbitration court awarded $77 million to Exxon Mobil Corp. in a resubmitted claim worth $1.4 billion over the nationalization of Venezuela’s Cerro Negro and La Ceiba crude projects in 2007.
On 27 July 2023, the German Federal Court of Justice (German FCJ) declared three intra-EU investor-State ICSID arbitrations inadmissible under German arbitration law given their incompatibility with EU law.
Dutch taxpayers have already incurred € 5.4 million in arbitration costs in RWE and Uniper cases.
Energy companies cannot force European governments into arbitration over compensation demands for investments hit by changing state climate goals, Germany's highest civil court ruled.
