Environmental Group Can’t Participate In Refinery Investors’ EU Dispute

( February 18, 2026, 1:48 PM EST) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) on Feb. 17 published a tribunal’s order denying an environmental group’s application to file a written submission on the merits of three pending arbitrations brought by a British oil refinery company and its subsidiaries against the European Union, the Kingdom of Denmark and the Federal Republic of Germany for allegedly ordering them to pay more than 175.5 million euros to mitigate the “energy crisis” caused by Russia’s invasion of Ukraine....