ISDS Case Map
energy
oil, gas, agrofuels
Former shareholders tried to collect $50 billion from Russia.
the Company is now pleased to announce that it has signed a binding damages-based agreement with Enyo Law LLP which will be advancing the disbursements which are expected to be incurred in the pursuit of the claim.
Five fossil fuel companies are already known to be seeking over $18 billion in compensation from governments over energy policy changes and most of these have been brought via the Energy Charter Treaty.
Extractive companies are the most frequent users of the investor-state dispute settlement system (ISDS), making up 29 percent of all ICSID claims in fiscal year 2021.
Developers of Keystone XL are seeking to recoup more than $15 billion in damages connected to President Joe Biden’s decision to yank a permit for the border-crossing oil pipeline even after construction began.
On 1 September 2021, Angola’s National Assembly ratified the International Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID).
The Belgian Appeal Court delivered a landmark ruling in what Kazakhstan's legal representatives described as "one of the biggest frauds in the history of international arbitration."
An American energy firm accuses Canada of violating the North American Free Trade Agreement, which has since been replaced by a new free trade deal.
Governments which enact climate legislation risk being sued for trillions of dollars by fossil fuel companies seeking compensation for lost revenue and stranded assets.
Kelag, one of the most important energy holding companies in Austria, referred Romania to the World Bank’s ICSID, accusing the country of violating the so-called Energy Charter Treaty.
