energy

oil, gas, agrofuels

Shell will pay $111 million to end Nigerian oil-spill case
Shell didn’t say in its statement if it will withdraw the related arbitration claim.
The Irish Spanish Solar sues Spain in the ICSID for the cut in premiums to renewables
Spanish Solar demands compensation from the Spanish Government for having cut the premiums for the use of energy once the investments have been made.
XL pipeline absurd $15 billion NAFTA ISDS claim
TC Energy expects to get 15 times more money, coming from taxpayers’ pockets, than the asset losses it experienced from the revocation of a permit, that was already denied twice.
How an obscure energy treaty is delaying climate action
The Energy Charter Treaty, which gives oil and gas companies a route to suing governments, is increasingly hindering climate policy reform, say campaigners. And it is not the only agreement of its type.
Russia vows to fight tribunal demand for $2.6-bln payout to Yukos Capital
The Russian Prosecutor General’s Office stressed that Russia’s well-founded position had made it possible to reject most of requirements made by Yukos Capital.
Ex-Yukos unit wins new $5 billion court judgement against Russia
The Permanent Court of Arbitration ruled that Russia illegally expropriated loans provided by Yukos Capital Sarl to its former parent company.
Cairn arbitration: Govt confirms French court order against Indian assets
The government confirmed that a French court has ordered the freezing of certain Indian assets on a petition by Britain's Cairn Energy, which is seeking to recover USD 1.72 billion arbitration award.
Outrage as Italy faces multimillion pound damages to UK oil firm
Secretive tribunals allow fossil fuel companies to sue governments for passing laws to protect environment.
State aid: Commission opens in-depth investigation into arbitration award in favour of Antin to be paid by Spain
The European Commission has opened an in-depth investigation in order to assess whether an arbitration award, to be paid by Spain in favour of Antin, is in line with EU rules on State aid.
RWE and Uniper: Can (German) courts assess the jurisdiction of ICSID arbitral tribunals?
The Dutch Ministry of Economic Affairs initiated “anti-arbitration” proceedings before the German courts to “avert” two ECT-based ICSID arbitrations brought against it by the German energy companies RWE and Uniper.