ECT
Upstream | 2-Oct-2024
The “de-facto expropriation of Wintershall’s interests in Russian gas ventures was formalised in December 2023 when President Putin issued decrees invalidating gas sale contracts and transferring assets to Russian companies.
XM | 1-Oct-2024
Investors in Finland’s largest power distributor Caruna are taking the Nordic country to arbitration, the Finnish foreign ministry said, due to the Finnish Energy Authority’s attempt to curb rising power transmission prices for ordinary consumers.
Boursorama | 1-Oct-2024
Les investisseurs de Caruna, le plus grand distributeur d’électricité de Finlande, ont engagé une procédure d’arbitrage contre le pays nordique, en raison de la tentative de l’autorité finlandaise de l’énergie de freiner l’augmentation des prix de transport de l’électricité.
CDR | 26-Aug-2024
Three energy companies took a step closer to enforcing their respective Energy Charter Treaty-related arbitral awards in a US appellate court, but the saga is far from over.
Nouvelles du Monde | 26-Aug-2024
Le CIRDI a confirmé la sentence par laquelle il condamne l’Espagne à compenser Renergy avec 32,9 millions d’euros pour la réduction des primes aux énergies renouvelables.
Swiss Info | 18-Jul-2024
The European Union will withdraw from the Energy Charter Treaty, an international agreement that protects investments in coal and oil. But Switzerland is sticking to the agreement which scientists considered incompatible with climate goals.
CIAR Global | 11-Jul-2024
Un tribunal de Bélgica ha autorizado el embargo de 32 millones de euros de contra la agencia española de navegación aérea ENAIRE hacia el pago del laudo del fondo Infrared, producto de los arbitrajes originados por las reclamaciones de compañías inversoras en España contra las reformas de las energías renovables.
European Commission | 2-Jul-2024
The EU has taken the final step to exit the Energy Charter Treaty; the Union and its Member States have also reached a formal agreement to put an end to the continuation of intra-EU arbitration proceedings under the ECT.
Lexology | 14-Jun-2024
Two recent decisions by the Swiss Federal Tribunal and the US Court of Appeal for the District of Columbia Circuit confirmed that international law does not offer arguments to contest either arbitral jurisdiction or the validity of arbitral awards in intra-EU investment cases.
CAN Europe | 31-May-2024
The Council of the EU adopted a historic decision to withdraw the European Union from the Energy Charter Treaty, an international investment treaty from the 1990s increasingly used by the fossil fuel industry to sue governments over their climate and energy policies.
