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2015
Mobil Investments v. Canada (II) Mobil Investments Canada Inc. v. Canada (II) (ICSID Case No. ARB/15/6)
Applicable IIA
Nationality of the parties
Canada
United States of America
Summary of matters at issue
Indirect controlling shareholding in two companies, Hibernia Management and Development Co. and Terra Nova Oil Development Project, engaged in two petroleum development projects off the coast of the Province of Newfoundland and Labrador in Canada.
Claims arising out of the Government’s continued enforcement of the 2004 Guidelines for Research and Development Expenditures, which allegedly resulted in expenditures incurred by the claimant in 2012-2015. A previous tribunal, Mobil Investments and Murphy Oil v. Canada, found the Guidelines to violate NAFTA and awarded the claimants a portion of the damages sought.
Economic sector and subsector
Primary: B - Mining and quarrying
6 - Extraction of crude petroleum and natural gas
Arbitral rules and administering institution
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Composition of tribunal
Greenwood, C.
Rowley, J. W.
Griffith, G.
Status/Outcome of original proceedings
Pending
Amount of compensation
19.90 mln CAD (15.00 mln USD)
Data not available
IIA breaches alleged/found
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Performance requirements
Pending
Follow-on proceedings
None
Link to Italaw's case page