energy

oil, gas, agrofuels

Guatemala will conclude arbitration of more than 12 years with Teco Holdings LLC
In a settlement agreement, Guatemala agreed to pay approximately US$46 million to Teco Holdings LLC, in order to conclude the investment arbitration that the company filed against Guatemala in November 2010.
Switzerland must withdraw from the Energy Charter
The Energy Charter Treaty protects companies that invest in fossil fuels. A growing number of countries are withdrawing from it, while Switzerland continues to thwart the energy transition.
The Energy Charter Treaty is on life support with little chance of revival
After the withdrawal of eight EU member states, the European Commission has little prospect of reviving stalled talks to modernise the 1998 Energy Charter Treaty.
Lone Pine’s claim is dismissed… to the CQDE’s relief
The Centre québécois du droit de l’environnement is delighted that an ICSID Arbitral Tribunal decided, on November 21, 2022, to reject the claim for approximately $150 million by the American company Lone Pine Resources Inc.
Arctic miner GreenX to pocket £740m in damages from Polish government
Arctic miner GreenX to pocket £740m in damages from Polish government.
Dutch court dismisses damage claims by RWE and Uniper
The Dutch government will not have to pay damages to energy giants RWE and Uniper, a Dutch court in The Hague ruled.
The 33rd meeting of the Energy Charter conference held under the chairmanship of Mongolia
The conference expects to meet ad hoc in April 2023 to finalise the discussion on the adoption of the amendments to the ECT.
European Parliament resolution ‘final nail in the coffin’ for Energy Charter Treaty
The European Parliament has adopted a resolution calling on the European Commission to initiate the process toward a coordinated exit of the EU from the Energy Charter Treaty.
Vienna-backed Austrian firm wields controversial energy treaty against Kyiv
AMIC Energy, an Austrian private equity firm, is threatening to sue Ukraine based on the Energy Charter Treaty after its assets were seized by Kyiv over the company’s close ties to Russia.
US may face $15 billion penalty for rejection of Keystone XL pipeline
The Keystone XL pipeline sparked a movement of activism to put people and the climate over Big Oil. After more than a decade of relentless protests and legal battles, President Joe Biden halted the dangerous pipeline on his first day in office.