energy

oil, gas, agrofuels

CSOs warn Nigeria against acceding to the Energy Charter Treaty
Signing the ECT would give the transnational companies in the energy sector a weapon to re-colonise Nigeria, as it would also be incompatible with Nigeria’s economic diversification aspirations.
Dutch to leave Energy Charter Treaty because of climate change conflict
The Netherlands is leaving a controversial energy treaty because it conflicts with Paris climate accord commitments, energy minister Rob Jetten said
The agreement in principle on ECT “modernization”: A botched reform attempt that undermines climate action
The renegotiated ECT does not rise to the mounting global challenges regarding energy investment, climate action, and sustainable development.
A backdoor for fossil fuel protection: How extending ECT coverage to CCUS, hydrogen, and ammonia will lock-in oil & gas
Extending protection under the Energy Charter Treaty to investments in carbon capture, utilization and storage, hydrogen, and ammonia, among other emerging energy technologies and products, could hamper the ability of States to end reliance on fossil fuels.
Spain to follow Italy and Poland and leave the Energy Charter
Spain has initiated proceedings to withdraw from the Energy Charter Treaty, signed by 53 countries and in force since 1998, designed to protect foreign investment in energy infrastructure.
Yukos shareholders seek to enforce $50 bln award against Russia in London court
Former shareholders of defunct oil giant Yukos asked a judge in London to allow the enforcement of a $50 billion arbitration award against Russia.
Swiss court rejects Russia's appeal in Yukos case
Russia must pay $2.6 billion to Yukos Capital after Switzerland's highest court rejected an appeal by Moscow.
Investors v. Climate action
What recent case law and treaty reforms may mean for the future of investment arbitration in the energy sector.
The EU must withdraw from the Energy Charter Treaty
An international treaty that hamstrings governments’ ability to make climate policy is still in force – and an attempted overhaul has not worked. This is why the EU and its member states need to walk away from the Energy Charter Treaty.
Newly released text for modernized Energy Charter Treaty shows too many potential obstacles for climate action
The text of the agreement in principle to modernize the Energy Charter Treaty leaves unanswered too many crucial questions about the possibility of further fossil fuel carveouts and the exact timing of its entry into force.