Nigeria has completed all three of its accession reports but the Energy Charter Conference placed restrictions on ECT accession finalization procedures, placing Nigeria’s accession path into a state of pause.
Nigeria has unleashed one of the most spectacular legal attacks on one of its key oil and gas investors, to an extent previously unseen in the country’s more than 60 years of hydrocarbon production.
Shell, empêtré dans de nombreuses affaires de pollution dans le delta du Niger, a été condamné à verser des dommages-intérêts, mais semble vouloir régler le contentieux à l’amiable, d’où la sollicitation d’un arbitrage.
The groups said they are concerned about the ICSID’s long-standing failure to promulgate clear rules for addressing cases where corruption has been alleged.
The Human and Environmental Development Agenda, Re:Common, Global Witness, and Corner House, have called on the Nigerian government to stand against Eni’s legal move over the oil processing license (OPL) 245.
Suite au refus du Nigeria d’attribuer à nouveau le bloc OPL 245 à Eni, la firme italienne s’est tournée vers le CIRDI afin qu’il mène une procédure d’arbitrage.
Eni plans to argue that the country’s failure to allow it to exploit an oilfield it acquired with Royal Dutch Shell nearly a decade ago breaches their investment agreement.
Nigeria is undertaking series of reforms of the country’s bilateral investment treaties to attract responsible, inclusive, balanced and sustainable investments.