ICSID Tribunal Dismisses Lone Pine’s Claim Against Canada in St. Lawrence River Oil and Gas Rights Dispute

By Diego Luis Alonso Massa, 24 November 2022

On 21 November 2022, an ICSID Arbitral Tribunal rendered a final award in the arbitral proceedings between Lone Pine Resources Inc. (Lone Pine) and the Government of Canada (ICSID Case No. UNCT/15/2). The proceedings concerned the Quebec government’s 2011 decision to cancel, without compensation, certain oil and gas rights held by Lone Pine under the St. Lawrence...
URL: https://taobserver.com/news/296/icsid-tribunal-dismisses-lone-pines-claim-against-canada-in-st-lawrence-river-oil-and-gas-rights-dispute