energy

oil, gas, agrofuels

GN takes Colombia to arbitration
Spanish utility Gas Natural (GN) said it has launched arbitration proceedings against Colombia.
JKX Oil battle continues as Ukraine files application to UK High Court
Ukranian authorities have now applied to the UK High Court asking to set aside the recent UNCITRAL arbitration award against Ukraine and in favour of JKX.
Exxon Mobil lawyers ask court to enforce $188M Venezuela award
Lawyers for Exxon Mobil have asked a federal judge to order Venezuela to pay the company more than $188.3 million—the amount Exxon Mobil says it is still owed as repayment for the 2007 expropriation of its oil assets.
Celebrating Venezuela's annulment victory over Exxon as a "progressive" ruling? Hold the Champagne and read this first
An ICSID Annulment Committee's decision to reduce the damages to be paid to Exxon by $1.4 billion seems like a cause for celebration-a victory of economic sovereignty over Big Oil. But as gifts to economic justice go, this one is a Trojan horse indeed.
Costa Rica wins international arbitration against Zeta Gas
The ICSID Arbitral Tribunal has ruled that the Costa Rican government did not cause damage to the company of Swiss capital, Gas Nacional Zeta.
Venezuela lawyer says $1.4 billion Exxon damages award overturned
A World Bank tribunal's order for Venezuela to pay $1.4 billion in damages to Exxon Mobil Corp over nationalizations has been annulled
IT dept lifts freeze on Cairn dividend payout
The tax demand was challenged by Cairn Energy through an international arbitration where it also made a case against the dividend freeze
ICSID arbitrators turn investment treaty into insurance policy against terrorism
The consequence of this decision is that investors would likely be put above all other victims of terrorism and related political violence in conflict areas. That is shocking from the perspective of international justice.
Arbitrator rules Egypt must compensate EMG
The international arbitration panel ruled that Egypt failed to protect the Sinai pipeline from terrorists.
TransCanada's $15 billion U.S. Keystone XL NAFTA suit suspended
TransCanada Corp has suspended a $15 billion NAFTA suit filed against the United States over the Keystone XL pipeline after U.S. President approved the project.