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energy

EU vs. Indonesia: Is it really a trade war?
17-Aug-2019 DW
The European Union has slapped countervailing tariffs on imports of subsidized biodiesel from Indonesia. The southeast Asian country has threatened to retaliate but experts say counter tariffs could be self-destructive.
Spain loses another dispute over premium cuts on renewables
7-Aug-2019 Renewables Now
Spain will have to pay EUR 41 million to German solar investor SolEs Badajoz GmbH for retroactively cutting long-term premiums for renewable energy projects.
Nord Stream 2 takes unusual legal step against the Commission
29-Jul-2019 Euractiv
The Nord Stream 2 pipeline company has asked the Court of Justice of the EU to annul the amendments to the Gas Directive but Nord Stream 2 reserves itself this option of resorting to legal arbitration as well.
Nord Stream 2, EU drifting towards legal arbitration
19-Jul-2019 Euractiv
The European Commission and the Nord Stream 2 gas pipeline company are heading toward legal arbitration in their dispute, with a risk of huge fines for EU taxpayers.
Ascent Resources starts legal action over Petišovci gas field
17-Jul-2019 Total Slovenia News
Ascent Resources plans to lodge an investment treaty arbitration claim under the Energy Charter Treaty.
Connecting the dots: Insane trade and climate chaos
19-Jun-2019 Economics of Happiness
The connection between global trade and the climate crisis is clear. Much of global trade is unnecessary and wasteful - and yet, somehow, it continues to be profitable.
Leaked report reveals ‘misfunctioning’ of Energy Charter Treaty amid EU reform calls
7-Jun-2019 Euractiv
A confidential internal report, obtained by EURACTIV, lists the multiple failings of the Energy Charter secretariat, at a time when the treaty is undergoing a major revision process and is being used by Russia’s Nord Stream 2 pipeline in a first-time legal proceeding against the EU.
Nord Stream 2 invokes Energy Charter Treaty to challenge EU gas link rules
25-Apr-2019 S&P Global
EU plans to extend its internal energy market rules to Russia’s Nord Stream 2 natural gas link to Germany could breach the Energy Charter Treaty, which protects international investors, according to the Swiss-registered company building it.
US company’s attempt to sue Australian government collapses
23-Apr-2019 The Guardian
Florida-based APR Energy sought compensation for treatment of its gas turbines.
Rental power: Government in talks for out-of-court settlement
22-Apr-2019 Business Recorder
Pakistan government is reportedly in talks with the Turkish government and M/s Karkey for an out-of-court settlement to avert attachment of Pakistan’s properties in Europe
Venezuela’s Guaido to seek to annul $8.7 bln Conoco award
17-Apr-2019 Reuters
Guaido’s special prosecutor said has challenged the amount of the ICSID award, claiming “the methodology to determine the compensation was errant.”
Corbella: Notley’s ’beating down’ of the oil patch should cost her the election
9-Apr-2019 Calgary Herald
The Czech-based company Petrolama Namur Oil Sands Exploration filed a notice of dispute against Canada on March 29 over the delay in completing the expansion of the Trans Mountain pipeline.
Hydro-Québec plans to invest in Romania
29-Mar-2019 Energy Industry Review
Hydro-Québec is a Canadian company producing and distributing electricity and one of the largest energy producers in the world.
Chevron vs Ecuador: international arbitration and corporate impunity
28-Mar-2019 Open Democracy
The infamous story of the environmental pollution of the Ecuadorian Amazon by Chevron-Texaco – which has come to be known as the "Ecuadorian Chernobyl" - is entering a new phase.
Egypt - British Petroceltic files arbitration case against EGPC
26-Mar-2019 MENAFN
British Petroceltic announced filing an arbitration case against the Egyptian General Petroleum Corporation (EGPC) at the World Bank Group’s ICSID.
Venezuela’s Guaido to appeal $8.75 billion ConocoPhillips award
15-Mar-2019 Bloomberg
Venezuela’s opposition leader and self-proclaimed president Juan Guaido plans to appeal a $8.75 billion award issued to ConocoPhillips by the World Bank’s arbitration tribunal last week.
NextEra Energy wins dispute against Spain
15-Mar-2019 Renewables Now
The ICSID ruled against Spain in a case brought by NextEra Energy Inc regarding the US utility’s lost investments in two 49.9-MW concentrated solar power plants.
Venezuela must pay Conoco over $8 billion: World Bank
9-Mar-2019 Reuters
Venezuela must pay ConocoPhillips more than $8 billion to compensate for the 2007 expropriation of oil assets by the country’s late socialist leader Hugo Chavez, the World Bank ruled.
Shell put Nigeria under pressure with ISDS process to obtain oil field OPL 245
1-Mar-2019 SOMO
Shell used the investment agreement between the Netherlands and Nigeria to obtain a lucrative oil field at remarkably good conditions.
Chevron Vs Ecuador: international arbitration & impunity (ISDS case)
27-Feb-2019 Dismantle Corporate Power and Stop Impunity
In February of 2011 the Ecuadorian Courts delivered an historic verdict, sentencing the Big Oil Corporation Chevron to pay US$9,500 million dollars for its contamination of the Ecuadorian Amazon (1964-1992). However, Chevron hit back via the Investor-State Dispute Settlement system and sued Ecuador.