energy

oil, gas, agrofuels

Talos Energy pauses Mexico oil arbitration bid amid high-level talks
US-based oil producer Talos Energy has temporarily suspended pursuit of an arbitration claim against Mexico amid high-level talks over one of the country's flagship offshore projects.
Europe edging closer to withdrawal from Energy Charter Treaty
More European Union countries have shown signs of impatience with the ongoing reform of the Energy Charter Treaty, which critics say impedes efforts to phase out fossil fuels, according to leaked diplomatic cables.
Shut down fossil fuel production sites early to avoid climate chaos, says study
One of the biggest barriers will be the legal infrastructure that oil and gas companies and some coal companies have constructed to defend their investments, through treaties like the energy charter treaty.
How treaties protecting fossil fuel investors could jeopardize global efforts to save the climate – and cost countries billions
We estimate that countries would face up to $340 billion in legal and financial risks for canceling fossil fuel projects that are subject to treaties with ISDS clauses.
Taking equity into account in international and domestic legal frameworks on compensation for climate change and the energy transition
In the context of investment treaties and arbitration, states should not put private arbitrators in the driver’s seat on issues of valuation of fossil fuel assets and compensation.
Energy Charter Treaty fundamentally incompatible with EU law, study finds
Withdrawal from the Energy Charter Treaty (ECT) is the only realistic way for the European Union to fix the outdated treaty’s incompatibility with the EU’s own laws, a new in-depth legal study has found.
ISDS landscape in Latin America for 2022
ISDS in Latin America is here to stay. While disputes in sectors such as pensions and telecoms are becoming more common in the region, we expect to see a ripening of COVID-related, tech and energy disputes.
Slovenia imposes blanket ban on fracking
The Slovenian parliament has imposed a blanket ban on hydraulic fracturing to produce natural gas, amid arbitration proceedings initiated against Slovenia by Ascent Resources.
Climate change expert report warns that ISDS can block climate action
For the first time, the Intergovernmental Panel on Climate Change (IPCC) has warned that climate action is being jeopardised by trade agreements which give global corporations the right to sue governments.
‘Renewable’ energy in Tunisia: an unjust transition
Following the principles set out in the ECT, the EU is seeking to deepen liberalization in order to standardize the Tunisian legislative framework through FTA negotiations.