energy

oil, gas, agrofuels

AES wins landmark $733 million arbitration award against Argentina: the path to collection
The AES Corporation, a global power generation and utility company, has secured a significant victory in a long-standing dispute with the Argentine Republic.
RS faces potential €700 million arbitration over Ugljevik power plant debt
The issue stems from a €67 million debt owed by the Ugljevik Mine and Thermal Power Plant to Slovenia’s state-owned electricity company, Elektrogospodarstvo Slovenije.
Protecting foreign investments in clean energy projects from regulatory changes
By protecting fossil fuel investments, investment treaties with ISDS are undermining the global energy transition. This briefing explores three alternative tools that may protect foreign investors from regulatory changes.
Court registers US$10b ConocoPhillips award against Venezuela
US oil giant ConocoPhillips has been permitted to register an over US$10 billion arbitration award against Venezuela in Trinidad and Tobago for the expropriation of its oil assets by the South American country nearly two decades ago.
Arbitration body raises amount awarded to Enagas to $302 million in process against Peru
Spanish gas grid operator Enagas said the World Bank's ICSID raised the amount the company is entitled to be paid in an arbitration process over a pipeline it built in the country.
Guatemala found liable for not protecting hydroelectric project from violent protests
Earlier this year, a split ICSID Tribunal found Guatemala liable to pay USD 68.5 million in damages plus interest to Panamanian company Energia y Renovación Holding.
India to seek lithium and copper under new trade tie from Chile to power clean energy and industrial growth
India is seeking to secure a stable supply of critical minerals like lithium and copper through expanded trade ties with Chile to support its clean energy goals and industrial growth. Chile, a leading global producer of these minerals, is a strategic partner in India’s efforts to boost its electric vehicle ecosystem and energy infrastructure.
Recent fossil fuel arbitration claims based on the ECT: the urgency of neutralizing the sunset clause
The Energy Charter Treaty (“ECT”), the most widely used investment treaty, has become highly controversial for enabling investors to challenge national policies aimed at achieving climate goals through its ISDS mechanism, leading to a phenomenon known as “regulatory chill.
Dangerous precedent: How an arbitration claim is jeopardising Germany‘s coal phase-out
A Swiss public company, Azienda Elettrica Ticinese, is demanding compensation in an international arbitration tribunal for Germany‘s coal phase-out.
Raw materials and resource-shackling under the EU’s FTA texts
In the area of energy and raw materials, the EU comes up with regressive and restrictive text proposals for its free trade agreement with India (also Tunisia, Vietnam, Mexico) which are directly contradictory to its own conduct and regulations