TC Energy and TransCanada v. USA (II) TC Energy Corporation and TransCanada Pipelines Limited v. United States of America (II) (ICSID Case No. ARB/21/63)
United States of America
Interests in the Keystone XL Pipeline project; ownership and/or control of thirteen U.S. enterprises, including TransCanada Keystone Pipeline, L.P. (“Keystone”), and other assets.
Claims arising out of the incoming president’s executive order in 2021 revoking a 2019 presidential permit to construct the Keystone XL Pipeline, a proposed crude oil pipeline from Alberta (Canada) to Nebraska (United States).
Tertiary: H - Transportation and storage
Tertiary: F - Construction
49 - Land transport and transport via pipelines
42 - Civil engineering
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Mourre, A.
Álvarez, H. C.
Crook, J. R.
Data not available
15000.00 mln USD
Data not available
National treatment

Most-favoured nation treatment

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Full protection and security, or similar

Indirect expropriation