energy

oil, gas, agrofuels

Venezuela loses US refinery as ConocoPhillips ICC award enforced in US court
A U.S. Federal Court has upheld U.S. enforcement of an International Chamber of Commerce (ICC) arbitration agreeing that U.S. oil giant ConocoPhillips has the right to take Venezuela state oil company PDVSA's 50% stake.
Ecuadorians can sue Chevron in Canada, Supreme Court rules
Ecuadorian villagers can sue Chevron and its Canadian subsidiary in an Ontario court to enforce a $9.5-billion (U.S.) judgment from Ecuador.
Is Europe the new frontier for US energy exports?
New techniques of oil and natural gas extraction in the United States have untapped large volumes of oil and natural gas. If the new free trade agreement with the European Union is ratified, most U.S. LNG producers will be able to export to Europe.
Spain facing compensation bill of billions over renewables cuts
Spain has suffered its first setback in an international arbitration process over its cuts to renewable energy subsidies.
TransCanada may recoup costs from US if Obama rejects Keystone
A provision in the North American Free Trade Agreement would let the Canadian company TransCanada Corp. recoup some of the $2.4 billion spent on its Keystone XL project
Groups demand rejection of anti-climate provision in Customs Bill
A coalition of environmental and fair trade organizations are protesting the inclusion of language in the “Customs bill” in the US Congress that would explicitly prevent the United States Trade Representative from seeking to address climate change in trade agreements.
Statement by Bechtel on Dabhol settlement
In exchange for $160 million in compensation for its equity and contractor claims, Bechtel agreed to forgo international arbitration over the expropriation of its investment.
TTIP aim to lift US oil export ban goes against climate targets
EU push to lift restrictions on US crude oil and liquefied natural gas exports as part of controversial trade deal could explode Canada’s tar sands carbon bomb and push up carbon emissions
The FIPA with China restricts Canada's options on climate change
For years, Prime Minister Stephen Harper’s government told Canadians that it could not act on climate change until China joined in. Yet, in 2014, the government quietly finalized a 31-year investment treaty that, in essence, gives Chinese oil companies an advance bailout against a range of steps that Canada may need to take on climate change.
Can free trade agreements be consistent with climate change mitigation?
Free trade agreements could elevate the rights of possession of fossil fuel resources above that of mitigating climate change.