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International Centre For Settlement Of Investment Disputes
The International Centre for Settlement of Investment Disputes (ICSID) is an international arbitration institution established in 1966 for legal dispute resolution and conciliation between international investors and States. ICSID is part of and funded by the World Bank Group, headquartered in Washington, D.C., in the United States. It is an autonomous, multilateral specialized institution to encourage international flow of investment and mitigate non-commercial risks by a treaty drafted by the International Bank for Reconstruction and Development's executive directors and signed by member countries. , 153 contracting member states agreed to enforce and uphold arbitral awards in accordance with the ICSID Convention. The centre performs advisory activities and maintains several publications. History In the 1950s and 1960s, the Organisation for European Economic Cooperation (now the Organisation for Economic Co-operation and Development) had made several attempts to create ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Organization
An international organization or international organisation (see spelling differences), also known as an intergovernmental organization or an international institution, is a stable set of norms and rules meant to govern the behavior of states and other actors in the international system. Organizations may be established by a treaty or be an instrument governed by international law and possessing its own legal personality, such as the United Nations, the World Health Organization and NATO. International organizations are composed of primarily member states, but may also include other entities, such as other international organizations, firms, and nongovernmental organizations. Additionally, entities (including states) may hold observer status. Notable examples include the United Nations (UN), Organization for Security and Co-operation in Europe (OSCE), Bank for International Settlements (BIS), Council of Europe (COE), International Labour Organization (ILO) and International Crim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Churchill Mining
Churchill Mining Plc is a mining corporation from London, United Kingdom. Its main activity is coal mining. It is listed on the Alternative Investment Market (AIM) of the London Stock Exchange since April 2005. The Supreme Court of Indonesia rejected an appeal by Churchill Mining to get compensation for a coal project that the company says was unfairly seized. Churchill Mining has a significant thermal coal development project located in the East Kutai Regency of Kalimantan, Indonesia. It also is active in Australia. David F Quinlivan is the executive chairman of Churchill Mining. The company wants to be active in coal mining in Kutai National Park, which is a major menace to orangutan Orangutans are great apes native to the rainforests of Indonesia and Malaysia. They are now found only in parts of Borneo and Sumatra, but during the Pleistocene they ranged throughout Southeast Asia and South China. Classified in the genus ...s. References Coal companies of the United K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electric Energy
Electrical energy is energy related to forces on electrically charged particles and the movement of electrically charged particles (often electrons in wires, but not always). This energy is supplied by the combination of electric current and electric potential (often referred to as voltage because electric potential is measured in volts) that is delivered by an electrical circuit (e.g., provided by an electric power utility). Motion (current) is not required; for example, if there is a voltage difference in combination with charged particles, such as static electricity or a charged capacitor, the moving electrical energy is typically converted to another form of energy (e.g., thermal, motion, sound, light, radio waves, etc.). Electrical energy is usually sold by the kilowatt hour (1 kW·h = 3.6 MJ) which is the product of the power in kilowatts multiplied by running time in hours. Electric utilities measure energy using an electricity meter, which keeps a running total of the elec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mining
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fossil Fuel
A fossil fuel is a hydrocarbon-containing material formed naturally in the Earth's crust from the remains of dead plants and animals that is extracted and burned as a fuel. The main fossil fuels are coal, oil, and natural gas. Fossil fuels may be burned to provide heat for use directly (such as for cooking or heating), to power engines (such as internal combustion engines in motor vehicles), or to generate electricity. Some fossil fuels are refined into derivatives such as kerosene, gasoline and propane before burning. The origin of fossil fuels is the anaerobic decomposition of buried dead organisms, containing organic molecules created by photosynthesis. The conversion from these materials to high-carbon fossil fuels typically require a geological process of millions of years. In 2019, 84% of primary energy consumption in the world and 64% of its electricity was from fossil fuels. The large-scale burning of fossil fuels causes serious environmental damage. Over 80% of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bilateral Investment Treaty
A bilateral investment treaty (BIT) is an bilateral treaty, agreement establishing the terms and conditions for private investment by nationals and companies of one Sovereign state, state in another state. This type of investment is called foreign direct investment (FDI). BITs are established through trade pacts. A nineteenth-century forerunner of the BIT is the "friendship, commerce and navigation treaty" (FCN). This kind of treaty came in to prominence after World Wars when the developed countries wanted to guard their investments in developing countries against expropriation. Most BITs grant investments—made by an investor of one Contracting State in the territory of the other—a number of guarantees, which typically include fair and equitable treatment, protection from expropriation, free transfer of means and full protection and security. The distinctive feature of many BITs is that they allow for an alternative dispute resolution mechanism, whereby an investor whose rights ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vattenfall
Vattenfall is a Swedish multinational power company owned by the Swedish State. Beyond Sweden, the company generates power in Denmark, Finland, Germany, the Netherlands, and the United Kingdom. The company's name is Swedish for "waterfall", and is an abbreviation of its original name, Royal Waterfall Board (''Kungliga Vattenfallstyrelsen''). History Vattenfall (then called ''Kungliga Vattenfallsstyrelsen'' or Royal Waterfall Board) was founded in 1909 as a state-owned enterprise in Sweden. From its founding until the mid-1970s, Vattenfall's business was largely restricted to Sweden, with a focus on hydroelectric power generation. Only in 1974 did the company begin to build nuclear reactors in Sweden (the Ringhals 1 and 2 reactors), eventually owning seven of Sweden's 12 reactors. In 1992, Vattenfall was reformed as the limited liability company Vattenfall AB. At the same time, the transmission grid (220 kV and 400 kV lines) was transferred to the newly formed state agency Svens ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nuclear Power Phase-out
A nuclear power phase-out is the discontinuation of usage of nuclear power for energy production. Often initiated because of concerns about nuclear power, phase-outs usually include shutting down nuclear power plants and looking towards fossil fuels and renewable energy. Three nuclear accidents have influenced the discontinuation of nuclear power: the 1979 Three Mile Island partial nuclear meltdown in the United States, the 1986 Chernobyl disaster in the USSR (now Ukraine), and the 2011 Fukushima nuclear disaster in Japan. Following Fukushima, Germany has permanently shut down eight of its 17 reactors and pledged to close the rest by the end of 2022. In late 2021 all but three of the remaining German nuclear power plants were shut down. However, there are no plans to shut down the research reactor in Garching, Forschungsreaktor München II. Italy voted overwhelmingly to keep their country non-nuclear. Switzerland and Spain have banned the construction of new reactors. Japan’ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philip Morris V
Philip, also Phillip, is a male given name, derived from the Greek (''Philippos'', lit. "horse-loving" or "fond of horses"), from a compound of (''philos'', "dear", "loved", "loving") and (''hippos'', "horse"). Prominent Philips who popularized the name include kings of Macedonia and one of the apostles of early Christianity. ''Philip'' has many alternative spellings. One derivation often used as a surname is Phillips. It was also found during ancient Greek times with two Ps as Philippides and Philippos. It has many diminutive (or even hypocoristic) forms including Phil, Philly, Lip, Pip, Pep or Peps. There are also feminine forms such as Philippine and Philippa. Antiquity Kings of Macedon * Philip I of Macedon * Philip II of Macedon, father of Alexander the Great * Philip III of Macedon, half-brother of Alexander the Great * Philip IV of Macedon * Philip V of Macedon New Testament * Philip the Apostle * Philip the Evangelist Others * Philippus of Croton (c. 6th cent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Value-added Tax
A value-added tax (VAT), known in some countries as a goods and services tax (GST), is a type of tax that is assessed incrementally. It is levied on the price of a product or service at each stage of production, distribution, or sale to the end consumer. If the ultimate consumer is a business that collects and pays to the government VAT on its products or services, it can reclaim the tax paid. It is similar to, and is often compared with, a sales tax. VAT is an indirect tax because the person who ultimately bears the burden of the tax is not necessarily the same person as the one who pays the tax to the tax authorities. Not all localities require VAT to be charged, and exports are often exempt. VAT is usually implemented as a destination-based tax, where the tax rate is based on the location of the consumer and applied to the sales price. The terms VAT, GST, and the more general consumption tax are sometimes used interchangeably. VAT raises about a fifth of total tax revenues bo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uganda
}), is a landlocked country in East Africa East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territories make up Eastern Africa: Due to the historical .... The country is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The southern part of the country includes a substantial portion of Lake Victoria, shared with Kenya and Tanzania. Uganda is in the African Great Lakes region. Uganda also lies within the Nile, Nile basin and has a varied but generally a modified equatorial climate. It has a population of around 49 million, of which 8.5 million live in the Capital city, capital and largest city of Kampala. Uganda is named after the Buganda kingdom, which encompasses a large portion of the south of the country, includi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tullow Oil
Tullow Oil plc is a multinational oil and gas exploration company founded in Tullow, Ireland, with its headquarters in London, United Kingdom. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History The company was founded by Aidan Heavey in 1985, in Tullow, Ireland, as a gas exploration business operating in Senegal. Tullow listed its shares on the London Stock Exchange and Irish Stock Exchange in 1986 and the FTSE 100 index in September 2007. In 2000, Tullow acquired £201 million worth of gas fields and infrastructure in the North Sea from BP. At the same time, Tullow re-registered in the UK. In May 2004, Tullow completed the Energy Africa acquisition for $570 million. In 2006, the company began drilling its first well in Uganda and began exploiting the Lake Albert region. In 2007, Tullow drilled two deep water wells offshore Ghana, discovering the massive Jubilee Oil Field. In February 2010, the company initiate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
