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Karkey Karadeniz case: In interest alone, govt owes $5.6m a month
22-Sep-2017 The Express Tribune
The International Centre for Settlement of Investment Disputes (ICSID) has not only imposed a hefty fine on Pakistan but also declared that the country will be paying $5.6 million as interest per month.
International litigator imposes $700m fine on Pakistan in rental power plants case
21-Sep-2017 Daily Pakistan
Financially-strapped Pakistan has been imposed with a staggering $700 million in a damages suit by the International Centre for Settlement of Investment Disputes (ICSID) regarding rental power plants case.
Russian energy firm Inter RAO demands $175m from Government of Georgia
18-Sep-2017 Agenda
Inter RAO structures claim $175 million loss was due to a refusal to raise energy tariffs when the Georgian national currency Lari was devaluated.
"Modernize NAFTA, but don’t ruin its energy trade provisions"
25-Aug-2017 Washington Examiner
More than 100 associations representing US businesses are teaming up to encourage the Trump administration to maintain ISDS protections as it renegotiates NAFTA, writes the head of the US oil and natural gas industry trade group
NAFTA negotiations: energy clause unites Canadian critics across the political spectrum
17-Aug-2017 Global News
As NAFTA 2.0 negotiations begin, an old trade issue with a strange name has emerged to create unlikely allies across the political spectrum and staunch defenders in the oilpatch.
«Le moratoire de Québec était légitime», dit le Centre québécois en droit de l’environnement
12-Aug-2017 Le Devoir
Québec était en droit d’instituer un moratoire sur la fracturation hydraulique et Ottawa ne devrait pas compenser Lone Pine.
North American oil & natural gas industry positions on NAFTA
3-Aug-2017 American Petroleum Institute
NAFTA: Positions of the American Petroleum Institute, Asociación Méxicana de Empresas de Hidrocarburos, and Canadian Association of Petroleum Producers
Argentina bonds for sale to pay money owed Total
24-Jul-2017 Nasdaq
Citigroup offered US$200m of Argentina bonds for sale as part of an arbitration agreement to help settle the sovereign’s obligations to French oil company Total.
Reforms open Mexico’s oil and gas to investor rush… and here comes NAFTA
3-Jul-2017 Tele Sur
The rush on Mexico’s undeveloped oil and gas reserves comes just as Donald Trump has initiated a process to re-negotiate the North-American Free Trade Agreement (NAFTA).
Chevron Corp. wins court battle against Ecuadorian villagers
23-Jun-2017 Newburgh Gazette
Chevron is victorious after the Supreme Court declined to hear a case made against the company by a NY lawyer representing Ecuadorian villagers.
NAFTA’s dirty secret: it lets U.S. control our oil: McQuaig
9-Jun-2017 Toronto Star
Mexico’s fierce defence of its sovereignty stands in sharp contrast to the easy submission to Washington’s energy demands by Canadian politicians, led by then Conservative Prime Minister Brian Mulroney.
Mexican, US legislators meet on NAFTA, security, trade
6-Jun-2017 Washington Post
Mexico has become a major importer of U.S. natural gas and gasoline, and now apparently wants that trade brought under NAFTA.
FACTBOX-U.S.-China trade agreement impacts meats, natural gas
13-May-2017 Reuters
The United States and China have agreed to take action to expand bilateral trade in beef and chicken as well as taking other steps as part of Washington’s drive to narrow the U.S. trade deficit with China.
US and China sign trade agreement
13-May-2017 BBC
The US and China have reached a 10-point trade deal that opens the Chinese market to US credit rating agencies and credit card companies.
EU opens door to Canada’s dirty oil
12-May-2017 EurActiv
The decision bears the hallmark of the CETA free trade deal between Canada and the EU. Dirty oil has been given a clean label.
ICSID committee annuls nearly 90% of award against Venezuela
9-May-2017 Lexology
An International Centre for Settlement of Investment Disputes (ICSID) Committee has annulled nearly 90% of the US$1.6 billion Award which had been won by ExxonMobil affiliates in their ICSID arbitration against Venezuela.
Spain loses first arbitration claim over cuts to renewable energy subsidies
9-May-2017 El País
Spain has lost its first international arbitration process over cuts to renewable energy subsidies
Australia-US free trade agreement leaves US companies in the lurch
5-May-2017 The Hill
The lack of a defined procedure under the AUSFTA is extremely prejudicial to U.S. companies and banks: chairman of APR Energy
Ontario coughs up $28M to wind power company
14-Apr-2017 The Whig
The Ontario government says it has paid a $28-million award that a NAFTA tribunal ruled was owed to a wind power company over a provincial offshore wind moratorium.
Trudeau ramps up courtship of Xi amid China free-trade talk
3-Apr-2017 Bloomberg
Prime Minister Justin Trudeau is doubling down on a push to deepen ties with China, with Canada’s new envoy signaling he can move ahead on a free-trade deal without quickly advancing extradition treaty talks.