energy

oil, gas, agrofuels

ICSID declares SC verdict in RPPs case ‘arbitrary’
The International Centre for Settlement of Investment Disputes (ICSID) has declared that the Supreme Court of Pakistan’s judgment in the rental power projects case is ‘arbitrary’.
Connecting the dots: Insane trade and climate chaos
The connection between global trade and the climate crisis is clear. Much of global trade is unnecessary and wasteful - and yet, somehow, it continues to be profitable.
Leaked report reveals ‘misfunctioning’ of Energy Charter Treaty amid EU reform calls
A confidential internal report, obtained by EURACTIV, lists the multiple failings of the Energy Charter secretariat, at a time when the treaty is undergoing a major revision process and is being used by Russia’s Nord Stream 2 pipeline in a first-time legal proceeding against the EU.
Arbitrage case between Becchetti and Albanian Government settled
While the award rendered by the ICSID on April 24, 2019, has not been disclosed, Albanian media have circulated unconfirmed reports of €110 million.
Energy Charter Treaty modernisation: European Commission presents draft negotiating directives
The European Commission adopted a proposal for a Council Decision authorising negotiations to modernise the Energy Charter Treaty (ECT), to which the EU is part.
Rental power plant: Escrow account created to avert negative ruling
The Government of Pakistan has reportedly created an Escrow Account worth $ 150 million to avert a negative ruling by the international arbitration tribunal in case of M/s Kakey uriterium rental power plant
Dutch court upholds $5.2 billion asset freeze on major Kazakhstan oil field
Frozen assets securing a $532 million award against Republic of Kazakhstan.
Nord Stream 2 invokes Energy Charter Treaty to challenge EU gas link rules
EU plans to extend its internal energy market rules to Russia's Nord Stream 2 natural gas link to Germany could breach the Energy Charter Treaty, which protects international investors, according to the Swiss-registered company building it.
Estado y Mamacocha irán a arbitraje si no concilian por hidroeléctrica trunca en Arequipa
El Estado y la empresa están en fase de conciliación, si no llegan a un acuerdo, se irá al arbitraje internacional. Proyecto de hidroeléctrica, en la laguna Mamacocha quedó trunco.
US company's attempt to sue Australian government collapses
Florida-based APR Energy sought compensation for treatment of its gas turbines.