ISDS Case Map
investor-state disputes | ISDS
Zenith Energy Ltd. announced Monday that its UK subsidiaries have filed their final submissions in an ongoing international arbitration case against the Republic of Tunisia before the International Centre for Settlement of Investment Disputes (ICSID) in Washington.
These cases can cost countries (or rather, taxpayers) billions — even when decisions were taken democratically to protect people, the environment, or national security.
Following billions in profits and over a thousand gas extraction-related earthquakes, the oil and gas giants filed claims against the Dutch state in four separate investor-state disputes concerning compensation for home damages and the permanent closure of the Groningen gas field.
Tanzania will have to defend allegations that it is trying to force a foreign energy company out of a USD 1.2 billion gas production project.
As part of the agreement, arbitration proceedings brought by Alamos’s Netherlands subsidiaries against the Republic of Türkiye under the Netherlands–Türkiye Bilateral Investment Treaty will remain suspended.
The Uruguayan state had its bank accounts in Luxembourg frozen for several months due to non-payment of an arbitration award over the closure of national airline Pluna.
The Permanent Court of Arbitration in the Hague has sided with Kazakhstan in a case brought by a Kyrgyz entrepreneur claiming over $34 billion in damages. Instead, the businessman, Yevgeny Belavin, now must pay all of Kazakhstan’s substantial legal fees, as well as court costs.
German company Sunflower cannot enforce in Israel a binding arbitration award requiring the Spanish government to pay it €18.4 million plus €1.5 million in costs.
The French state is being sued by two Russian investment companies (controlled by a sanctioned oligarch), in connection with the “Montagne d’Or” mining megaproject in French Guiana.
Fossil fuel and mining companies are ramping up lawsuits against governments over environmental rules, using a controversial arbitration mechanism that critics say is skewed in industry’s favour and jeopardises global climate action.
