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Secrecy shrouds cost to Australian taxpayer in controversial trade dispute
US energy company is seeking $350m in compensation in so-called ISDS case over gas turbines in Pilbara.
Freeland calls for NAFTA review of “unfair and illegal” US solar panel tariff
Canadian Foreign affairs minister is asking for a NAFTA review into what she calls “unfair and illegal” 30 per cent American tariffs imposed on Canada’s solar panel manufacturers.
Indonesia, EU to establish most modern trade agreement
The fifth round of talks not only covered discussions on trade in goods but also the trade of services, investments, and other forms of cooperation. Among the specific issues discussed were energy and raw materials.
Enagás demands an arbitration against Peru before ICSID
Enagás has requested a proceeding before the ICSID against the Peruvian state after negotiating for six months without success to reach a friendly agreement in relation to the company’s investment in the Peruvian South Gas Management Project.
Lighthouse looks to use NAFTA talks to greenlight Millennium coal terminal
Millennium Bulk Terminals’ parent company is ramping up lobbying spending related to trade talks with Canada and Mexico as part of a bold effort to get its blocked coal terminal in Longview approved.
Should Canada reject NAFTA? Yes
NAFTA is a corporate rights agreement, not a free-trade agreement in the original sense.
Pakistan suffers setback in Karkey case as stay order vacated
Due to the failure of the caretaker government to deposit Rs15 billion security guarantee, a stay order in favour of Pakistan on the execution of the $846 million arbitration cost awarded to the Turkish firm, Karkey Karadeniz Elektrik Uretim has been vacated.
How the Energy Charter Treaty could have costly consequences for governments and climate action
The Energy Charter Treaty was recently described, somewhat ominously, as “one treaty to rule them all”—ever-expanding and giving the power to corporations “to halt the energy transition.”
In a trade war, Canada’s energy not on the table
Canada is hamstrung by a little-known NAFTA clause that packs a huge climate punch and gives the US first access to most of Canada’s oil and natural gas.
Ten photovoltaic energy producers sue Romania at ICSID Washington for reducing subvention scheme in renewable energy
Ten photovoltaic energy producers filed a request for arbitration proceedings against the Romanian government at World Bank’s International Centre for Settlement of Investment Disputes.
One Treaty to rule them all
The ever-expanding Energy Charter Treaty and the power it gives corporations to halt the energy transition.
The fossil fuel industry’s secret weapon: the Energy Charter Treaty
New report exposes how the little-known Energy Charter Treaty gives corporations the power to halt the energy transition. And how it is being expanded, threatening to bind yet more countries to corporate-friendly energy policies.
International arbitration treaty may be a trap for Pakistan
Pakistan may be at the risk of new investment arbitration lawsuits if it formally signs an international Energy Charter Treaty (ECT) under which powerful investors have already sued other states for $35 billion at various global tribunals.
Swedish court overturns claims of Yukos’ shareholders against Russia - lawyer
A Swedish appeals court reversed the ruling of the Stockholm arbitration tribunal in the legal action filed by Spanish shareholders of Russian oil and gas company Yukos against Moscow.
Did Canada buy an oil pipeline in fear of being sued by China?
The logic to Trudeau’s action may lie in an obscure and overlooked 2014 agreement to ensure China got a pipeline built
Kazakhstan says Belgian court lifts $21.5 billion asset freeze
A Belgian court has lifted a freeze on about $21.5 billion (16.2 billion pounds) in Kazakhstan’s National fund assets imposed after a dispute with a Moldovan businessman, the Kazakh justice ministry said.
Kazakhstan tries to get back $22B in frozen assets
The amount of the frozen assets, when compared to the US$520 million court award, is pretty hefty, unprecedented.
Stati parties move to attach Republic of Kazakhstan assets after US court grants enforcement of US$520 million award
The Stati Parties have requested to enforce the award issued in their favor including by attaching Kazakh state commercial assets in the United States.
German government approves nuclear phaseout compensation
The German cabinet has confirmed that two utilities operating in Germany are entitled to compensation for losses stemming from the country’s nuclear phaseout. The move is in line with an earlier top court ruling.
Hague court hears Naftogaz case against Russia
Ukraine is seeking damages from Russia following the expropriation of assets in the Crimea in 2014.