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energy
Irish minister’s decision sparks disappointment and potential legal action in Barryroe offshore oil project
Offshore Engineer | 23-May-2023
Given Lansdowne is a UK domiciled company it expects to pursue its claim in international arbitration pursuant to the investment protection regime established under the Energy Charter Treaty.
keywords: ECT , energy , investor-state disputes | ISDS , Ireland
Catch-22: Canada’s attempts to phase out fossil fuel might result in it paying the polluters
The Conversation | 23-May-2023
US$20 billion: That’s how much American investors think Canadian taxpayers should fork over to compensate them for their failed bid to develop a liquefied natural gas facility in Québec.
keywords: Canada , climate , energy , investor-state disputes | ISDS , NAFTA | USMCA
SAMIR au CIRDI: Benali confirme les 27 MMDH réclamés par Corral
Le Desk | 23-May-2023
27,4 milliards de dirhams (près de 2,8 milliards de dollars). C’est le montant précis, que nous révélions précédemment et réclamé par le Suédois Corral au Maroc, dans le cadre du litige devant le tribunal arbitrait du CIRDI.
keywords: energy , investor-state disputes | ISDS , Morocco
Investors sue Costa Rica over hydroelectric plant’s expropriation
The Tico Times | 22-May-2023
Three German investors have filed an investment arbitration claim against Costa Rica for the expropriation of their land for the construction of a hydroelectric power plant.
keywords: Costa Rica , energy , environment , Germany , investor-state disputes | ISDS
En Équateur, le combat des ex-salariés volés par le pétrolier Perenco
Reporterre | 9-May-2023
Perenco, un pétrolier franco-britannique, refuse de payer ses ex-salariés équatoriens. Et impose au pays une amende de 374 millions de dollars. Son tort ? Avoir promulgué une loi sur les superprofits.
keywords: Ecuador , energy , environment , finance | banking | taxes , France , investor-state disputes | ISDS
EU mulls partial exit from energy treaty over climate concerns
Reuters | 9-May-2023
The European Union is considering a proposal to quit an international energy treaty that has become mired in climate change concerns, but leave an option for individual countries to stay in an updated version of the accord, a document showed.
keywords: climate , ECT , energy , EU , investor-state disputes | ISDS
Ciadi obliga España a pagar 25 millones a un fondo por recorte a renovables
Investing.com | 4-May-2023
El Centro Internacional de Arreglo de Diferencias Relativas a Inversores (Ciadi) ha concluido en un laudo que España debe pagar al fondo británico Infracapital 24,9 millones, más costas e intereses, por los daños que le causó el recorte de las primas a las renovables.
keywords: ECT , energy , ICSID , investor-state disputes | ISDS
The ‘climate killing’ clauses helping companies sue governments for climate action
Yorkshire Bylines | 3-May-2023
If you’ve never heard of ISDS (investor-state dispute settlement) that’s not surprising. ISDS operates in the shadows. It’s a mechanism for solving disputes between parties in cases of foreign direct investment while offering legal protections for the investor. The investment is typically provided by a private company to a foreign ‘host state’.
keywords: ECT , energy , investor-state disputes | ISDS
Un embargo, un default y la batalla de España y Europa contra fondos y tribunales privados
El Salto | 2-May-2023
Un juzgado británico ha realizado un embargo al Instituto Cervantes en Londres. El TJUE y la Comisión Europea dan la razón a España.
keywords: ECT , energy , ICSID , investor-state disputes | ISDS , Spain
ICSID Tribunal upholds jurisdiction over an intra-EU Dispute
IISD | 28-Apr-2023
This case concerns a dispute between Cavalum SGPS, S.A and the Kingdom of Spain about changes introduced by the respondent to the regulatory and economic regime for renewable energy projects.
keywords: ECT , energy , EU , investor-state disputes | ISDS , Portugal , Spain