Energy & environment

Most investor-state disputes (ISDS) have concerned environmental matters. As of end of 2014, about 41% of all ICSID cases were energy and natural resources-related.

Most well-known cases include:

• Lone Pine Resources (US) vs. Canada: the investor challenged Quebec’s moratorium on the controversial practice of hydraulic fracturing, or fracking, for natural gas. The provincial government declared the moratorium in 2011 so as to conduct an environmental impact assessment of the extraction method widely accused of leaching chemicals and gases into groundwater and the air. Case pending (NAFTA invoked).

• Bilcon (US) vs. Canada: the US industry challenged Canadian environmental requirements affecting their plans to open a basalt quarry and a marine terminal in Nova Scotia. Bilcon won – damages still pending (NAFTA invoked).

• Vattenfall (Sweden) vs. Germany: in 2007 the Swedish energy corporation was granted a provisional permit to build a coal-fired power plant near the city of Hamburg. In an effort to protect the Elbe river from the waste waters dumped from the plant, environmental restrictions were added before the final approval of its construction. The investor initiated a dispute, arguing it would make the project unviable. The case was ultimately settled in 2011, with the city of Hamburg agreeing to the lowering of environmental standards (ECT invoked).

(October 2015)

Business Monkey | 24-Mar-2017
La multinationale Fenosa naturel gaz exigera du gouvernement colombien pour la liquidation de sa filiale Electricaribe devant le CIRDI.
Reuters | 24-Mar-2017
Transcanada Corp’s legal challenge against the United States over its past rejection of Keystone XL pipeline has been dropped.
The News | 23-Mar-2017
The ICSID tribunal rejected Pakistan’s final defence against liability, and confirmed that Pakistan had violated several provisions of its bilateral investment treaty with Australia.
Times | 23-Mar-2017
Rockhopper Exploration is fighting for compensation from Italy after it banned offshore drilling, leaving the company unable to develop one of its oil and gas fields.
El Economista | 23-Mar-2017
La multinacional Gas Natural Fenosa solicitó hoy el inicio del procedimiento arbitral ante el Tribunal de la Comisión de las Naciones Unidas para el Derecho Mercantil Internacional (Uncitral) para reclamar a Colombia más de 1.000 millones de dólares por la liquidación de Electricaribe.
IISD | 22-Mar-2017
A tribunal under the auspices of the Permanent Court of Arbitration (PCA) dismissed all claims by Canadian businessman Peter A. Allard against Barbados.
Natural Gas World | 22-Mar-2017
Spanish utility Gas Natural (GN) said it has launched arbitration proceedings against Colombia.
PULSO | 22-Mar-2017
El Centro Internacional de Arreglo de Diferencias Relativas a Inversiones (CIADI) -organismo del Banco Mundial para el arbitraje de disputas entre inversionistas y estados- falló a favor de Antofagasta plc y Barrick Gold Corp. ante la demanda arbitral presentada contra Pakistán por Tehyan Coopera Company (TCC).
Stock Market Wire | 22-Mar-2017
The ICSID tribunal rejected Pakistan’s final defence against liability and confirmed that Pakistan had violated several provisions of its bilateral investment treaty with Australia
London South East | 22-Mar-2017
Ukranian authorities have now applied to the UK High Court asking to set aside the recent UNCITRAL arbitration award against Ukraine and in favour of JKX.

0 | 10 | 20 | 30 | 40 | 50 | 60 | 70 | 80 | ... | 380