Law: Energy Charter Treaty

A Canadian appeals court has confirmed that Russia can present new evidence in its challenge to a jurisdictional award in a US$700 million Energy Charter Treaty claim brought by an investor in defunct oil company Yukos.

08 June 2023

A London-listed oil and gas company has said it will pursue an Energy Charter Treaty claim against Ireland over an offshore drilling project – the country’s first known investment treaty claim.

22 May 2023

An ICSID tribunal has ordered Spain to pay almost €25 million plus interest to affiliates of a UK-owned investment fund over reforms to the state’s renewable energy sector.

03 May 2023

A Chinese solar panel producer is the latest renewables investor to bring an ICSID claim against Italy under the Energy Charter Treaty.

28 April 2023

France, Germany and Poland have formally given notice of their withdrawal from the Energy Charter Treaty.

24 March 2023

A Luxembourg entity has asked a US court to enforce its share of a €91 million Energy Charter Treaty award against Spain – the latest action to be brought by investors owed compensation for reforms to the country’s incentives regime for renewable energy.

27 February 2023

A Luxembourgish coal mining investor has filed a €60 million ICSID claim against Slovenia under the Energy Charter Treaty, just weeks after the state moved to exit the treaty over environmental concerns.

06 December 2022