Skip to main content
Italian government forced to pay €190 million to British oil company after denying right to drill
British oil company Rockhopper wanted to drill near Pescara on Italy's east coast

JUSTICE campaigners slammed the British government today over trade agreements that have forced Italy to pay fines to an oil company — for trying to protect the environment.

The Italian government has been ordered to pay €190 million (£160m) to British oil and gas company Rockhopper with added interest because of Rome’s decision to ban oil exploration near Italy’s coastline.

Rockhopper brought the case against the Italian government using the Energy Charter Treaty which contains a legal mechanism, the investor-state dispute settlement (ISDS), allowing corporations to sue countries in tribunals on policy decisions which could impact their future profits.

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
Similar stories
A rally demanding changes to the Trump administration’s re
Features / 13 December 2024
13 December 2024
Global South governments’ sovereignty and ability to decide future economic policy are severely compromised by signing free trade agreements, whose terms are heavily weighted in favour of the already wealthy countries of the global North, writes BERT SCHOUWENBURG
Activists participate in a demonstration for phasing out fos
Features / 20 November 2024
20 November 2024
TOM HARDY traces how these climate conferences have been captured by fossil fuel interests while CO₂ levels have continued to rise since 1995 — but XR’s citizen assemblies and direct action have offered an alternative
Protesters during the Climate Justice Coalition's March for
Britain / 17 November 2024
17 November 2024
Climate protesters demand end to fossil fuels and complicity in Gaza genocide