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energy
Nigeria’s lawsuits against Shell could cause oil major exodus
Oil Price | 17-Mar-2021
Nigeria has unleashed one of the most spectacular legal attacks on one of its key oil and gas investors, to an extent previously unseen in the country’s more than 60 years of hydrocarbon production.
keywords: energy , investor-state disputes | ISDS , Nigeria
Colombia says UN arbitration tribunal dismisses Naturgy lawsuit
Yahoo | 15-Mar-2021
An international court has dismissed a lawsuit for 4.8 trillion pesos ($1.3 billion) filed by Spanish company Naturgy against Colombia over the seizure of its subsidiary Electricaribe.
keywords: Colombia , energy , investor-state disputes | ISDS
El arbitraje de Naturgy por Electricaribe se resuelve a favor de Colombia
CIAR Global | 15-Mar-2021
Colombia ha comunicado el fallo a su favor en el arbitraje internacional abierto por Naturgy ante la intervención Electricaribe en el que la española -anterior Gas Natural- demandaba 1.310 millones de dólares por daños y perjuicios.
keywords: Colombia , energy , investor-state disputes | ISDS
Tribunal mexicano suspende la reforma de la industria eléctrica
CIAR Global | 12-Mar-2021
Un tribunal mexicano ha suspendido temporalmente la controvertida reforma a la Ley de la Industria Eléctrica impulsada por Andrés Manuel López Obrador, que prioriza la energía de compañías nacionales como Pemex y la Comisión Federal de Electricidad sobre la de compañías privadas, y sobre la que muchos expertos han advertido de la amenaza de demandas de arbitraje internacionales.
keywords: energy , environment , investor-state disputes | ISDS , Mexico
Shell’s legal weapon to threaten a just energy future
Future Beyond Shell | 11-Mar-2021
To realise a future beyond fossil fuels, it is imperative to look at how to disentangle the legal shackles that enable companies to frustrate climate policy and shift the burden of their stranded assets onto the shoulders of taxpayers through arbitration claims.
keywords: climate , ECT , energy , EU , investor-state disputes | ISDS
India firms up grounds for appeal in Cairn Award, to file appeal this week
Times Now News | 9-Mar-2021
India will be filing an appeal at The Hague this week against the $1.4-billion arbitration award against British oil firm Cairn Energy.
keywords: energy , finance | banking | taxes , India , investor-state disputes | ISDS
Alemania acuerda monto de compensación por salida de energía nuclear
Clarín | 8-Mar-2021
Según las cifras que ahora se han anunciado de manera oficial, Vattenfall recibirá la mayor parte de la compensación, 1.425 millones de euros. Por su parte, se destinarán 880 millones de euros a RWE, 80 millones a EnBW y 42,5 millones a Eon/PreussenElektra.
keywords: ECT , energy , Germany , investor-state disputes | ISDS , Sweden
Cairn wants India to pay $1.4 bn, shareholders to seek enforcement
Business Standard | 8-Mar-2021
Cairn said its shareholders expect the use of the company’s ’strong powers of enforcement’ to recover 1.4 billion.
keywords: energy , finance | banking | taxes , India , investor-state disputes | ISDS
Sortie du nucléaire: Berlin va verser 2,4 milliards d’euros d’indemnités aux énergéticiens
Bourse Direct | 6-Mar-2021
Les entreprises se sont engagées à retirer toutes les procédures judiciaires en cours, dont le groupe Vattenfall devant un tribunal arbitral de la Banque mondiale.
keywords: ECT , energy , Germany , investor-state disputes | ISDS , Sweden
Germany to pay nuclear operators 2.6 billion euros for plant closures
Reuters | 6-Mar-2021
Vattenfall will get 1.606 billion euros and agreed to end pursuing a separate damages claim in the World Bank’s ICSID arbitration tribunal.
keywords: ECT , energy , Germany , investor-state disputes | ISDS , Sweden