bilaterals.org logo
bilaterals.org logo

energy


Newly released text for modernized Energy Charter Treaty shows too many potential obstacles for climate action
The text of the agreement in principle to modernize the Energy Charter Treaty leaves unanswered too many crucial questions about the possibility of further fossil fuel carveouts and the exact timing of its entry into force.
Mexico-US energy tensions ease as focus shifts to shared opportunities
Energy sector tensions between the United States and Mexico have quieted in recent days as both sides work to change the narrative towards cooperation.
The not-so-hidden cost to “mega” energy deals : the Energy Charter Treaty (ECT) in East Africa (in conversation with Olivia Costa and Brenda Akankunda)
The ECT Secretariat, whose survival depends on continuation of the treaty, continues to lobby these countries to take additional steps towards acceding to the Energy Charter Treaty.
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.
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.
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.
US says Mexico energy policy violates trade deal; opens dispute
Biden team requests dispute-settlement talks under USMCA deal. USTR argues Mexico’s favoring of state utility breaks pact.
The Energy Charter Treaty has not aged well
Despite warnings that new oil and gas fields must be banned for the world to decarbonise by 2050, treaty signatories will protect fossil fuel production for at least another decade.
Nigeria eyes global energy charter for investments
Nigeria is targeting to be part of the International Energy Charter (IEC), a global community that will enable it to attract Foreign Direct Investments (FDI) to accelerate power sector development.
Croatia loses international arbitration against Hungary’s MOL over gas business
Croatia has lost an international arbitration case launched by Hungarian oil and gas group MOL over Zagreb’s failure to fulfil obligations under an agreement about the gas business of the jointly owned Croatian oil company INA.
Energy treaty update fails to address climate crisis, activists say
1994 agreement allows investors to sue governments for changes in energy policy that harm their profits.
US poised to escalate claim Mexico violated free-trade pact
The US is preparing to escalate its complaints that Mexico’s state-favoring energy policies violate the nations’ free-trade agreement.
Young people go to European court to stop treaty that aids fossil fuel investors
Five claimants aged 17-31 want their governments to exit the energy charter treaty, which compensates oil and gas firms.
Big oil is suing countries to block climate action
Oil and gas investors are using investor-state dispute settlement to successfully argue that climate policies are cutting into their profits.
From solar dream to legal nightmare
How financial investors, law firms and arbitrators are profiting from the investment arbitration boom in Spain.