The court has looked at a “hindrance” on paying a debt in the context of a force majeure clause and whether a sanctions clause or the general law of sanctions excused payment. Litasco, a Swiss company ...
In recent years, natural disasters have become increasingly frequent and severe, disrupting industries and communities worldwide. Events such as Hurricane Helene and the extreme weather conditions ...
Aid groups warn Islamist insurgency is intensifying and restart of investments by oil majors could inflame tensions ...
TotalEnergies’ decision to lift force majeure for its Mozambique LNG project despite increasingly dangerous security conditions ignores warnings that the security arrangements for the project ...
Mozambique LNG is operated by TotalEnergies (26.5%) on behalf of partners Mitsui of Japan (20%); ENH (15%); India’s Bharat ...
In the wake of the deadly Francis Scott Key bridge collapse in Baltimore, container shipping giants are wasting no time in forcing shippers to foot the bill for products that will no longer be dropped ...
Exxon has canceled a key Rovuma LNG event with Mozambique's president as worsening Islamist violence casts new doubt on the ...
LONDON (Reuters) - London-listed miner Glencore has declared force majeure on copper shipments from its Chilean Altonorte smelter, where production has been suspended, two industry sources said.
Keystone Pipeline’s owner, South Bow Corp., has declared force majeure on scheduled crude oil shipments following a spill that released approximately 3,500 barrels of oil into a North Dakota field.
Several fires at Libya’s Zawiya refinery this weekend prompted a temporary force majeure declared by the National Oil Corporation on Sunday. By Monday morning the fires were brought under control, ...
Ecuador's state-run oil company, Petroecuador, has declared force majeure at the operations of its SOTE pipeline after a landslide ruptured the pipeline, releasing tens of thousands of barrels of oil.
WazirX, one of India’s largest cryptocurrency exchanges, has “temporarily” suspended all trading activities on its platform days after losing about $230 million, nearly half of its reserves, in a ...