Kuwait has moved to protect its contractual obligations after disruptions to tanker traffic in the Strait of Hormuz forced it to suspend part of its oil export commitments, Reuters reported, citing Bloomberg News. Kuw...
Bapco Energies, a Bahraini energy firm, declared force majeure on its group operations following a recent attack on its refinery complex, the company said in a statement, reported by Reuters. The company said it had a...
Russian energy giant Gazprom has declared force majeure on some gas supplies to Europe, according to a report by Reuters referencing a letter in this regard. Gazprom, which has a monopoly on Russian gas exports by pip...
The Chairman of the Board of Directors of Libya National Oil Company (NOC) Mustafa Sanalla stated that they are currently considering declaring the state of force majeure within 72 hours unless production and shipping...
The National Oil Corporation (NOC) of Libya announced the fourth wave of closure has negatively affected Brega crude and has decided to declare force majeure on the oil port of Brega. The company elaborated that it wo...
The Libyan National Oil and Gas Company (NOC) announced the force majeure on the Al-Sharara oil field. The field was forced to close by a group of individuals who put pressure on workers in the Al-Sharara oilfield and...
PC Myanmar Limited (PCML), a subsidiary of Malaysian national oil company PETRONAS, has announced Force Majeure on its Yetagun field in the Andaman Sea, offshore Myanmar, on April 1, 2021 due to depletion of gas produ...
Libya’s National Oil Company (NOC) has announced that the force majeure at Sharara oilfield has been lifted with immediate effect and that production has restarted, according to a press release. The decision comes int...
Libya’s Waha oil fields are set to finish repair work to upgrade the production and service facilities after a seven month hiatus from production, according to Platts. The repairs at Waha were being carried out to red...
India’s oil imports in May have nosedived 31% from April’s levels, representing the lowest importing figures since October 2011, according to Reuters. India imported 3.18 million barrels of oil per day (mmbbl/d) in Ma...