energy

oil, gas, agrofuels

GreenX says £737 million claim against Poland proceeding ‘at pace’
Damages of £737 million are being claimed by GreenX across the two arbitrations which relate to both the Jan Karski and Debiensko mines in Poland.
Poland drafts law to ‘terminate’ controversial Energy Charter Treaty
The draft law on the “termination of the of the Energy Charter Treaty” and its protocols was agreed by the Polish government on 10 August and sent to the country’s lower chamber.
Perenco registers award debt owed by Ecuador in Singapore and UK
This action would allow for Ecuadorean accounts in these jurisdictions to be frozen and trading payments and receivables to be seized, in order to satisfy the outstanding award debt.
Oil firm Rockhopper wins £210m payout after being banned from drilling
Italian government ordered to compensate UK firm after exploration forbidden within 12 miles of coast.
US court upholds Conoco's $8.7 bln award for loss of Venezuela assets
A US court upheld a tribunal’s $8.75 billion award to U.S. oil producer ConocoPhillips over the expropriation of its Venezuelan oil assets, granting a default judgment in the case.
Why can Ascent Resources demand half a billion euros from Slovenia?
Ascent Resources initiated an arbitration dispute in which it is demanding half a billion euros due to Slovenia’s request that an environmental impact assessment should be carried out before fracking in Petišovci.
ECT: “ecocide” treaty puts Member States and EU Commission at odds
European governments are still considering withdrawal from the Energy Charter Treaty, despite the EU Commission’s efforts to modernise the controversial pact, documents leaked to Investigate Europe reveal.
Germany bails out Uniper with multi-billion euro package
Germany has agreed to buy a stake in Uniper. The deal is subject to Uniper withdrawing a lawsuit against the Netherlands in connection with the Energy Charter Treaty.
US, Canada demand trade dispute talks over Mexican energy policies
The United States and Canada demanded dispute settlement talks with Mexico under a North American trade deal, charging that Mexican energy policies were discriminatory and "undermine" international firms and cross-border supplies.