ISDS Case Map
energy
oil, gas, agrofuels
Ukraine is seeking damages from Russia following the expropriation of assets in the Crimea in 2014.
ICSID imposes a fine of 64.5 million euros for a claim by a fund of the state of Abu Dhabi.
US oil company ConocoPhillips has brought new court actions to seize two cargoes of crude and fuel near a terminal operated by PDVSA subsidiary Citgo Petroleum in Aruba.
The legal action was the latest in the Caribbean to enforce a $2 billion arbitration award by the International Chamber of Commerce (ICC) over the nationalization.
Swedish utility Vattenfall has no legal grounds to ask a US arbitration court if it can claim 4.7 billion euros from Berlin for forcing it to halt nuclear production, the German government has said.
US oil firm ConocoPhillips has moved to take Caribbean assets of Venezuela’s state-run PDVSA to enforce a $2 billion arbitration award over a decade-oil nationalization of its projects in the South American country.
The US-based private equity firm Carlyle, is suing the Moroccan government for over USD 400 million in the ICSID, claiming the sum is equivalent to the profit lost when Morocco’s sole refinery went bankrupt three years ago.
Since 1973, the sovereign islands of the Caribbean Sea, have concluded over 140 international investment agreements. The ICSID Convention is in force in all islands except Antigua & Barbuda, Cuba, Dominica, and the Dominican Republic.
In a separate arbitration claim from the ICSID case, the International Chamber of Commerce has ordered Venezuela’s state-run oil company PDVSA to pay ConocoPhillips $2.04 billion for early dissolution of two joint ventures for producing oil.
The Invenergy group has submitted a notice of arbitration against Poland citing violations of Invenergy’s rights as a foreign investor and clear breaches of Poland’s obligations under the United States-Poland bilateral investment treaty.
