Web21 Dec 2024 · On 23 August 2024, a Tribunal constituted under the auspices of the Energy Charter Treaty (ECT) handed down a long-awaited Award in the case of Rockhopper v. Italy. The investor’s press release in the aftermath of the Award, announcing that Italy had lost the case, sparked a number of outraged reactions (e.g. here, here, and here). WebRockhopper vs Italy. Since 2024 UK-based oil and gas company Rockhopper Exploration has been suing Italy over the state’s refusal to grant it a concession for oil drilling in the …

Rockhopper v Italy award now public - Global Arbitration Review

WebLaw360: Italy will seek annulment of a €190m (US$188m) International Centre for Settlement of Investment Disputes (ICSID) arbitral award issued to Rockhopper … Web179. First, it is noted that the Declaration is only one of the three declarations signed on 15 and 16 January 2024. Each of the three declarations are cast in slightly different terms, … como instalar fainas and freddy 1

ROCKHOPPER vs ITALY - ISDS Red Carpet Courts

Web19 Jan 2024 · According to the award, which was only published in November, Rockhopper had met all the conditions set by Italian law to be granted the licence, so the denial … WebItalian Republic, SCC Case No. V (2015/095), Final Award dated Dec. 23, 2024 (CL-296) ¶¶ 388-403; ... Jun. 28, 2024 (“Rockhopper v. Italy”) (CL-304). 3 to “delete” Article 7 of the UK BIT is without merit as the UK BIT, including its Article 7, remains in force. In any event, Romania’s consent under the UK BIT to this arbitration cannot WebArticle summary. Law360: Italy will seek annulment of a €190m (US$188m) International Centre for Settlement of Investment Disputes (ICSID) arbitral award issued to Rockhopper Exploration after the state banned oil and gas projects off its coastline, extending the contentious legal proceeding for as much as two years, the British energy company said … como instalar fainas and freddy 2