energy

oil, gas, agrofuels

Written notification of withdrawal from the Energy Charter Treaty
On 16 March 2026, Iceland deposited with the Energy Charter Secretariat, in its capacity as the Depositary of the Energy Charter Treaty on an interim basis.
Eni confirms deal with Nigeria to split OPL 245 oilfield into four licences
The agreement includes the “mutually satisfactory settlement” of all claims related to OPL 245 and the termination of an international arbitration procedure, the Italian energy major said.
UK court rules Spain cannot claim state immunity in renewable energy incentives dispute
Spain cannot ​claim immunity to stop a multimillion-euro award over cuts to renewable energy incentives ‌being registered in Britain, the UK's top court ruled, limiting states' ability to claim immunity in disputes with investors.
Ex-Yukos investors can enforce $65 billion arbitration award against Russia in UK, court rules
Former Yukos investors can seek to enforce an arbitration award against Russia now worth more than $65 billion over the seizure of the defunct oil group, London's High Court ruled.
Orca’s ICSID case and special dividend put Tanzania’s gas sector in focus
Orca announced three arbitrations at the CSID: one under the Mauritius–Tanzania Bilateral Investment Treaty, and two under the PSA and GA. The claims-valued at roughly US$1.2 billion-allege Tanzania failed to extend the development licence, prolonged the “Protected Gas” regime beyond its contractual term.
Lukoil unit threatens legal action against Bulgaria over special administration
Swiss-based Litasco, the international supply and trading arm of Russia's Lukoil, may initiate arbitration proceedings against Bulgaria after the country transferred the management of Lukoil's local subsidiaries to a special administrator.
Oil majors running Kazakh Kashagan field file arbitration over $4.6 billion fine
Shell, TotalEnergies, Eni, Exxon and other shareholders in Kazakhstan's Kashagan oilfield have filed an arbitration claim against a 2023 environmental fine worth around $4.6 billion
Critics warn US–Indonesia trade deal could undermine renewable energy push
A new trade agreement between Indonesia and the United States has sparked sharp criticism from climate advocates, who warn that a commitment to purchase up to USD 15 billion worth of American fossil fuels could undermine Indonesia’s renewable energy transition
EU challenges 16 Member States over stalled energy charter withdrawals
The European Commission has launched new legal steps against several EU countries over energy-related obligations, including continued participation in the Energy Charter Treaty.
120+ groups call on EU to resist Trump’s ‘fossil-fueled imperialism’ and cancel US trade deal
“The EU is at a fork in the road: It can follow the US down a volatile, destructive path or it can forge its own course toward stability.”