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In yet another solar energy incentives case against Italy, ECT tribunal applying proportionality test finds breach of legitimate expectations
This claim to the long series of cases arising out of Italy’s reform of its scheme of incentive tariffs for solar energy.
Netherlands faces ISDS threat after decision to ban coal-based power generation by 2030
German company Uniper has threatened to bring an ISDS case against the Dutch government after a decision to ban coal-based power generation by 2030.
Solar Wars part XI: The EC strikes back
The European Commission is taking steps to reduce the prospect of future claims by demanding the reform of the Energy Charter Treaty.
Cairn arbitration award may be protracted, not expected before 2019-end
UK’s Cairn Energy on Tuesday said the arbitration process against India on imposition of retrospective tax demand is likely to be protracted and a decision is not expected before late 2019.
Reko Diq, Karkey cases: Pakistan to challenge verdicts of ICSID: Omar
Pakistan government is going to challenge the verdicts of International Centre for Settlement of Investment Disputes (ICSID), said Minister for Power Division.
KPMG says Moldovan investor falsified financial statements to claim $500mn from Kazakhstan
The audit company claims its reports used in the lawsuits launched by companies controlled by Moldovan businessman Anatol Stati were based on “ knowingly false representations by Stati to KPMG”
EU to push Australia to clean up petrol standards as part of free trade deal
The European Union wants Australia’s Paris climate commitments enshrined in new FTA.
World Bank tribunal lowers ConocoPhillips award for Venezuela expropriation -document
A World Bank arbitration panel lowered an initial $8.7 billion award to US oil company ConocoPhillips as compensation for Venezuela’s 2007 expropriation of its assets to $8.5 billion.
Ukrainian energy company Ukrenergo filed lawsuit against Russia due to lost assets in occupied Crimea
The energy company Ukrenergo submitted claims in a dispute with Russia to the arbitration court regarding the illegal seizure of the company’s infrastructure in the annexed Crimea.
What the AfCFTA means for the energy sector
Major new opportunities for cross-border energy collaboration arise from the signature of the African Continental Free Trade Area (AfCFTA) agreement.
Solar Wars Part X: The force is strong with investors
These recent awards indicate that investors now have the upper hand in their ECT claims against EU states.
EU vs. Indonesia: Is it really a trade war?
The European Union has slapped countervailing tariffs on imports of subsidized biodiesel from Indonesia. The southeast Asian country has threatened to retaliate but experts say counter tariffs could be self-destructive.
Spain loses another dispute over premium cuts on renewables
Spain will have to pay EUR 41 million to German solar investor SolEs Badajoz GmbH for retroactively cutting long-term premiums for renewable energy projects.
Venezuela on the verge of losing Citgo after recent legal ruling
Canadian mining company Crystallex recently won a $1.4 billion judgment against the Venezuelan government, which nationalized its assets.
Ukraine Naftogaz files $5.2 bln lawsuit against Russia
Ukraine’s state energy group Naftogaz has asked the Hague Permanent Court of Arbitration to force the Russian Federation to pay the Ukrainian company $5.2 billion compensation for assets lost in annexed Crimea.
Nord Stream 2 takes unusual legal step against the Commission
The Nord Stream 2 pipeline company has asked the Court of Justice of the EU to annul the amendments to the Gas Directive but Nord Stream 2 reserves itself this option of resorting to legal arbitration as well.
Nord Stream 2, EU drifting towards legal arbitration
The European Commission and the Nord Stream 2 gas pipeline company are heading toward legal arbitration in their dispute, with a risk of huge fines for EU taxpayers.
EU asserts ‘right to regulate’ as part of energy charter treaty reform
EU member states gave the European Commission a mandate to revise the Energy Charter Treaty, saying the legally-binding charter must reinstate Europe’s “right to regulate” in areas like climate change and workers’ rights.
ICSID declares SC verdict in RPPs case ‘arbitrary’
The International Centre for Settlement of Investment Disputes (ICSID) has declared that the Supreme Court of Pakistan’s judgment in the rental power projects case is ‘arbitrary’.
Connecting the dots: Insane trade and climate chaos
The connection between global trade and the climate crisis is clear. Much of global trade is unnecessary and wasteful - and yet, somehow, it continues to be profitable.