energy

oil, gas, agrofuels

Cop26 targets pushed back under threat of being sued
Countries party to the Energy Charter Treaty are under yet more pressure to reform the agreement following the Cop26 climate summit, as they weigh the benefits of climate action against the likelihood of getting sued.
Slovenia moves to allow low-volume fracking
Last year Ascent Resources initiated arbitration proceedings against the Slovenian state under the UK-Slovenia Bilateral Investment Treaty and the Energy Charter Treaty.
Washington, Guaidó and the billion-dollar circus
With the US-backed "interim presidency" not going away, what are the implications for Venezuela's foreign assets?
Cairn withdraws all lawsuits against India
Britain’s Cairn Energy has dropped all lawsuits against the Indian government and its entities in courts from the US to France and to Singapore, to now be entitled for about Rs 7,900 crore refund of taxes.
Enagás redoubles its fight with the Peruvian Government to recover 400 million invested in a gas pipeline
Enagás considers that the future dividends of this project amount to 186 million dollars that would be added to the almost 400 million that it hopes to recover from the other arbitration.
Mozambique courts Rwandan business community
Rwandans are welcome to make the most of Mozambique’s numerous investment opportunities, said the Director General of Mozambique’s investment and export promotion agency.
Spain held liable in another renewable energy case and ordered to pay EUR 22 million in compensation for damages
In a final award, dated January 25, 2021, an ICSID tribunal ordered Spain to pay damages to German investors in compensation for the clawback of a subsidy regime.
Energy Charter Treaty: stalled reform fuels EU fears for climate
European governments are losing patience in talks to modernise the controversial Energy Charter Treaty (ECT), according to leaked documents.
The tale of the dead oil pipeline and the zombie trade agreement
The Keystone XL (KXL) pipeline was back in the news last week for a couple of reasons.
Shadow courts for fossil fuels want a green makeover
Under the Energy Charter Treaty, investors can sue governments for loss of future profits. Champions say this will be an ‘indispensable tool’ for the green transition.