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From the movements

Klesch Group’s legal paradox

Oil Refiner Klesch sues EU, Germany and Denmark over windfall profit tax while making record profits due to Ukraine invasion.

EU breaks deadlock on the ECT, announces exit

Today marks a significant turning point as the Belgian EU Presidency brokered a deal with the European Commission and member states on the withdrawal from the Energy Charter Treaty.

Billion-dollar exposure: Investor-state dispute settlement in Mozambique’s fossil fuel sector

Mozambique faces a substantial economic risk due to its exposure to investor-state dispute settlement (ISDS) claims by foreign investors in its coal, oil, and gas sectors. The investment protections in the country’s international investment agreements and contracts, combined with ISDS, expose Mozambique to multi-billion-dollar financial liabilities.
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