energy

oil, gas, agrofuels

Green light for enforcement of investor-state arbitration award in Australia
The decision recognised and enforced an ICSID arbitration award obtained by a renewable energy investor against the Spanish Government for €101 million.
Denmark to withdraw from Energy Charter Treaty
Denmark will withdraw from the Energy Charter Treaty as it creates more uncertainties about investments than certainties, the Danish government announced.
Ukraine's Naftogaz says Russia told to pay $5 billion for seizing Crimea assets
Ukraine's state-owned gas company Naftogaz that Moscow had been ordered by an arbitration court in The Hague to pay $5 billion in compensation for unlawfully expropriating its assets in Russian-annexed Crimea in 2014.
Rough trade
UK accession to Pacific trade deal empowers fossil fuel firms to sue governments.
UK court may seize Spanish sovereign assets amid international arbitration quagmire
The claims have been brought forward under the Energy Charter Treaty, an international convention which allows companies to sue signatory countries over decisions that affect their energy investments.
Reuters: US ultimatum to Mexico over energy dispute imminent
The United States intends to issue an ultimatum to Mexico in the coming weeks as it seeks to make progress in a dispute over the latter’s nationalistic energy policies.
Ecuador denounced at the Inter-American Commission on Human Rights for interference in the Chevron Case
Although the Dutch courts have yet to issue a final ruling on the appeal for annulment filed by the State Attorney’s Office, the Government of Ecuador is already complying with the arbitration award as if it were in force.
EU eyes Africa; 'we are grateful' to Algeria's gas supply: Borrell
The European Union's representative for foreign affairs and security policy, Josep Borrell, began a visit to Algeria on Sunday, the first of its kind since he took office in December 2019.
IPEF is only to save US corporations from crisis while continue to eliminate people’s rights
Indonesian Civil Society held a protest today in front of the US Embassy in Jakarta to express its rejection of the IPEF. In the midst of the global economic crisis, the US is trying to rebuild its national industrialisation with a less open free trade agreement and push for policy harmonisation based on US standards.
Pipeline developers demand $20B US payout from Canada after Quebec projects rejected
The liquified natural gas companies behind GNL Québec and Gazoduq are claiming $20 billion US in compensation from the government of Canada for pulling the plug on their natural gas liquefaction terminal and gas pipeline projects in Saguenay, Que.