Ascent Resources loses EUR 598.7m claim over Slovenia fracking ban
Short record: the main facts, with sources. A full case file has not been prepared.
- The record does not name which of my species, waters, soils or forests were harmed.
Ascent Resources lost its ICSID claim against Slovenia's ban on hydraulic stimulation, or fracking, at the Petišovci gas field, a claim that sought EUR 598.7 million. The company said in a regulatory announcement that it must pay EUR 3 million in costs.
- Government of Slovenia — EUR 3 million in costs payable by the company Ascent Resources RNS (via Investegate)
- Ascent Resources — EUR 598.7 million claim dismissed; EUR 3 million in costs Ascent Resources RNS (via Investegate)
What happened
On 7 July 2026 the ICSID tribunal issued a final award against Ascent Resources in its claim over the Petišovci hydraulic stimulation ban.
The claim sought EUR 598.7 million.
In a regulatory announcement dated 8 July 2026, the company said it would pay EUR 3 million in costs.
In court and with insurers
Lawsuits and rulings
- 2026-07-07Defendant wonAscent Resources v. Slovenia (Petišovci)ICSID · investor-state arbitration · Ascent Resources → Slovenia
The ICSID final award went against Ascent Resources on 7 July 2026, leaving it to pay EUR 3 million in costs, according to the company's announcement. Ascent Resources RNS (via Investegate)
Insurers
What we don't know
Nature
- Not measured Harm to nature: The record holds no measurement of harm to nature.
Record
- None on record The sources reviewed do not say when the ban was introduced.
- None on record The sources reviewed do not describe the environmental effects of hydraulic stimulation at Petišovci.
- None on record The sources reviewed do not state whether the costs have been paid.
Did the harm stop?
Not stated in the sources reviewed.
Who paid?
Not stated in the sources reviewed.
Sources
Company or project
- ICSID tribunal issues final awardAscent Resources RNS (via Investegate) · 2026-07-08