Force Majeure
-
International Energy Agency slashes Nigeria’s sustainable oil production capacity
LONDON — The International Energy Agency (IEA) has cut Nigeria’s sustainable oil production by around 200,000 barrels per day (bpd), the agency said in its July ... -
LNG traders absorb huge losses after supply outages
Major LNG Plant Outages Disrupt Global Supply BP takes $500m to replace LNG-source cargoes Shell, BP and Total scramble to find cargo on the spot market ... -
Trading Segment Leads GAIL in Q1, but Russian Gas Supply Worries
NEW DELHI : Short-term uncertainties regarding supplies from Russia are causing markets to be cautious despite the fact that GAIL India Ltd announced strong figures for ... -
UCLA and Under Armor settle for $67.5 million | Kaufman & Canoles
It was announced that UCLA would receive a settlement payment of approximately $67.5 million from sportswear maker Under Armor to resolve a lawsuit stemming from the ... -
Libya ‘confirms’ oil production back to pre-blockade levels
fast news Libya’s National Oil Corporation said the company’s oil production had reached the pre-force majeure level of 1.2 million barrels per day. General view of ... -
Nuances of the force majeure clause
In NKD Maritime Limited v. Bart Maritime (No 2) Inc (Shagang Giant) [2022] EWHC 1615 (Comm), Bart Maritime (No 2) Inc (the seller) has been engaged ... -
Thursday Spa Notebook – Sportscar365
Photo: Jules Bénichou/21 Creation ***The #93 Sky-Tempesta Racing Mercedes-AMG GT3 Evo will lose five places on the TotalEnergies 24 Hours of Spa grid due to an ... -
PRODUCTION AND SALES INDICATORS FOR THE YEAR ENDED JUNE 30, 2022 AND AN UPDATE ON NATIONAL PETROLEUM REFINERS OF SOUTH AFRICA (PTY) LIMITED (NATREF) OPERATIONS
JOHANNESBURG , July 25, 2022 /PRNewswire/ — PRODUCTION AND SALES INDICATORS FOR THE YEAR ENDED JUNE 30, 2022 Sasol released its production and sales performance indicators ... -
Shrinking tanker fleet could worsen energy crisis
by John Konrad (gCaptain) A dwindling tanker fleet could worsen the global energy crisis over the next three years as energy companies try to ramp up ... -
Can you take advantage of the force majeure clause in your contract?
The coronavirus pandemic and the war in Ukraine are events that could fall within the scope of a Force Majeure (FM) clause in a commercial contract. ... -
Russian Gazprom sends force majeure letter to European customers
Comment this story Comment Russian gas giant Gazprom has warned some European customers it can no longer guarantee supplies to the continent, the latest salvo in ... -
Biden’s Risky Middle Eastern Rubicon
President Joe Biden begins his visit to the Middle East with all eyes on his stop in Riyadh, the capital of the nation he has called ... -
Oil rises on mixed signals from Biden’s trip to Saudi Arabia
Officials say the trip won’t result in more production, but Biden says it will: File Image/Pixabay To the surprise of no one, except perhaps some mainstream ... -
A General Introduction to International Arbitration in the United Arab Emirates
All the questions Introduction i The legal system The United Arab Emirates (UAE) is a federation of seven emirates, founded on December 2, 1971. The UAE ... -
Checklist for moving from an on-premises solution to a cloud solution
The “cloud shift” continues, with analysts making bold predictions of increased cloud adoption by businesses in nearly every industry. Cloud solutions offer many opportunities for cost, ... -
Court of Appeal upholds TransA
CALGARY, Alta., June 9, 2022 /PRNewswire/ – TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced that the alberta The Court of Appeals today ... -
Situationer: Do we need more LNG terminals if nobody sells? – Newspaper
Here’s a thought: Fuel shortages wouldn’t be as bad as they are today if bureaucrats hadn’t thrown a spanner into the works of two long-delayed LNG ... -
AHLA Annual Meeting Recap – Health
July 06, 2022 Sheppard Mullin Richter & Hampton To print this article, all you need to do is be registered or log in to ... -
Motorsport driver ‘beaten and bruised’ but alive after medical event
David Unwin / Stuff There was an accident in Manfeild on Sunday after a driver had a suspected medical event. A Manawatū motorsport meeting had to ... -
Currency Shortage at Official Window Weakens Naira to 619 Naira/$1 at P2P
By Dipo Olowookere The return of interim dividend hunters to the market pushed the Nigerian Exchange (NGX) Limited further up 0.02% at the close of trading ... -
Siemens: Sale of Siemens Logistics mail and parcel business successfully completed
Hurry Munich, July 1, 2022 Successful completion of the sale of the mail and parcel business of Siemens ... -
How Bola Tinubu commissioned four teams to regain his certificates By Rudolf Ogoo Okonkwo
What the CIA doesn’t know doesn’t exist. In Luke 24:5-7, the angel said to the women who were going to the tomb in search of Jesus, ... -
Social backlash wreaks havoc on Ecuador’s oil industry
The small, impoverished South American nation of Ecuador is struggling to revive its flagging oil industry. The Andean country has been touted as a solution to ... -
Red Bull boss Christian Horner fears F1 title fight could end in court due to cost caps and rising inflation
Christian Horner reiterated that teams will not be able to stay below the current cost cap due to rising inflation; “We don’t want a championship decided ... -
EU agrees to mandatory 40% quota for women on company boards
The EU has decided that companies will be subject to mandatory quotas to ensure that women have at least 40% of seats on company boards – ... -
Proposals to Accelerate Grid Connection in the U.S. Get Unanimous FERC Approval
Vast amounts of new wind power capacity across America could be unlocked if reforms to reduce interconnection queues, proposed by the U.S. Federal Energy Regulatory Commission ... -
WIRE Bylaws Changes to Help Regulate Congressional Approved Emergencies
You viewed more than 50 articles in the last 12 months. Keep Olympic News Free Support insidethegames.biz for just £10 For nearly 15 years now, insidethegames.biz ... -
Inflation: the elephant in a construction or contract negotiation dispute
Inflation is hitting the country hard. Consider this: $1 million in January 2020 has the same purchasing power as over $1.7 million today, according to the ... -
War-Fueled Rising Construction Costs May Warrant Force Majeure Review | Stoel Rives – Ahead of schedule
The Russian invasion of Ukraine and the economic sanctions imposed by countries around the world in response have cut off the supply of fuel, steel and ... -
F1’s Christian Horner: ‘We don’t have a de facto number one driver in our team’
Saturday, June 11, 2022 Red Bull Racing has won five drivers’ championships and four constructors’ championships in Horner’s 17 years at the helm / Photo: Nordin ... -
Woman furious as she’s ‘forced to go’ to Rolling Stones concert at Anfield
A woman claims she is ‘forced’ to go to the Rolling Stones at Anfield after testing positive for covid. Kate Timmis, 33, from Oxford, paid hundreds ... -
Williams fine shows F1 cost cap arbitration in action
Formula 1’s governing body, the FIA, has announced an “accepted breach agreement” between itself and the Williams team following a self-confessed breach by the latter. The ... -
Oaxaca Declaration Against Illegitimate Debt (April 2022)
Oaxaca is a multicultural and multilingual state inhabited by 16 indigenous communities. It is located in the southwest of Mexico and is the fifth largest state ... -
The launch of the vivo T2 postponed again
It looks like vivo is having issues with the vivo T2 in particular. The phone’s launch event has now been postponed for a second time for ... -
What Landlords and Renters Need to Know During Hurricane Season (UPDATED) | Lowndes
[co-author: Scott Renaud]* This year, forecasters from the National Oceanic and Atmospheric Administration predict another above-average Atlantic hurricane season, which runs from June 1 through November ... -
Nigeria’s crude oil production increases by 70,000 bpd
Nigeria’s crude oil production rose by 70,000 barrels a day in May, according to a Reuters survey released yesterday. The document showed that the country’s crude ... -
Irctc results: profit and turnover more than doubled in the fourth quarter
IRCTC’s net profit more than doubled in the January-March period for ₹214 crore, compared to ₹104 crore in the corresponding period last year. IRCTC, the catering ... -
Lawsuit planned against reluctant energy supplier
Joining fellow city council, administrators for the Village of New Paltz have agreed to add the village as a plaintiff in a lawsuit against Columbia Utilities, ... -
What’s next in FTX’s proposal for US crypto derivatives trading?
Despite the refusal of some players in traditional finance, FTX’s proposal is in the hands of the CFTC. This is good news for the crypto exchange. ... -
KwaZulu-Natal still on the receiving side
KwaZulu-Natal, which according to Statistics SA is SA’s second biggest economic hub after Gauteng, was hit by more rain last weekend to deliver a third blow ... -
IEA warns of energy crisis driving dependence on fossil fuels
RIYADH: The Saudi stock market closed lower for a second straight session on Sunday as investor sentiment weighed on weak results. The main TASI index fell ... -
SRO America, NOLA: Saturday paddock notes
Hello from NOLA Motorsports Park, where the busiest day of the weekend is upon us: GT World Challenge America and GT4 America will have qualifying in ... -
Shots were fired as protesters failed to prevent the loading of a tanker in Libya
Protesters fired gunshots outside the Libyan port of Hariga on Thursday in an unsuccessful attempt to stop the loading of 1 million barrels of crude oil ... -
Force majeure on Gas Transmission Northwest to limit gas inflows from Western Canada into PNW
Strong points Flow Past Kingsgate limited to 1.79 Bcf/d GTN, Kingsgate discount widens over 30 cents Strong BPA hydroelectric production could mitigate the impact An unplanned ... -
alien developers: Aliens Group must reimburse 10 buyers | Hyderabad News
HYDERABAD: The Telangana State Dispute Resolution Commission ordered Aliens Developers to refund the money to 10 people after the company failed to deliver the property after ... -
Ukraine halts key Russian gas transit to Europe, Moscow accuses
Gas pipelines are pictured at the Atamanskaya Compressor Station, a facility of Gazprom’s Power of Siberia project outside the Far Eastern town of Svobodny in the ... -
Before APC, PDP tears Nigeria apart
Veiled plots by the All Progressives Congress and the Peoples Democratic Party to remove presidential zoning and deprive the southern part of the country of 2023 ... -
Ajaokuta Steel is in a coma over international politics, says former presidential adviser
A former senior special assistant to the president for financial sector development, Biodun Adedipe, has expressed doubts about the federal government’s assurances that the rehabilitation of ... -
South African coal miners turn to trucks as rail service deteriorates
Mineral exporters lose $2.2bn in potential sales – survey Glencore among miners using trucks instead of rail Trucking costs four times more than rail freight Menar ... -
How do travelers stranded at Schiphol get their money back?
Combine the May holiday Sunday and the lack of staff at Schiphol and you have a mess. Long lines of passengers stood again, Sunday morning, in ... -
PTTEP exits Yetagun gas field in Myanmar
PTTEP exits Yetagun gas field in Myanmar Malaysia’s Petronas is also pulling out of a nearly depleted field Gas reserves at the Yetagun field in the ... -
Ukraine latest: Ukraine may attack logistics in Russia, says UK
Russia’s invasion of Ukraine is in its third month, with mounting casualties on both sides. Ukrainian forces continue to resist, while its President Volodymyr Zelensky regularly ... -
South Africa: what’s going on in the South African news – April 26, 2022
The cap – Board of directors agrees to sell Twitter to Elon Musk It’s the largest social media acquisition ever, surpassing Microsoft’s $26.2 billion takeover of ... -
Explosion at illegal oil refinery in Nigeria kills over 100
The bunker site was on the border of Rivers and Imo states Illegal refining in the Niger Delta fueled by unemployment and poverty The explosion comes ... -
Class action lawsuit filed against Dorney Park owner over COVID closures
Passholders for Cedar Fair amusement parks, which include Dorney Park and Wildwater Kingdom, are seeking a class action lawsuit regarding passes for the 2020 season shortened ... -
Large crude draw pushes oil prices higher
The price of crude oil rose today after the US Energy Information Administration announced a crude oil inventory drawdown of 8 million barrels for the week ... -
Sudan strongly condemns Israel’s attack on Al-Aqsa Mosque
Sudan has condemned the Israeli raid on the Al-Aqsa Mosque compound, which injured more than 100 Palestinians. The Sudanese Foreign Ministry, citing information from Xinhua, called ... -
MinDA assures there will be no system-wide blackout in Mindanao on election day
A scene during a blackout in the city of Malaybalay in 2014. MindaNews File Photo by H. MARCOS C. MORDENO DAVAO CITY (MindaNews/April 15) – Electricity ... -
Overview of the MLIT Report on the Findings of the Advisory Committee on the Legal Regimes of Japanese Privatized Airports
1. Introduction On March 11, 2022, the Ministry of Land, Infrastructure, Transportation and Tourism (the “MLIT”) released the “Summary Report Regarding the Findings of the Advisory ... -
Ameresco Provides Southern California Edison (SCE) Project Update
FRAMINGHAM, Mass.–(BUSINESS WIRE)–Ameresco, Inc. (NYSE: AMRC), a leading clean technology integrator specializing in energy efficiency and renewable energy, today announced updates on recent communications with the ... -
F1 race in Las Vegas is already embroiled in a lawsuit
Last week, Formula 1 announced its return to Las Vegas in November 2023, amid a flurry of excitement from normal people and outcry from a few ... -
24×7 Water Supply Project Gets New Consultant After 7 Months | Pune News
Pune: The civic body on Tuesday appointed a new consultant for the 24×7 water supply project, nearly seven months after the departure of the previous adviser.“The ... -
How Sara Could Become President
The field in the 2022 presidential race may come down to a photo finish between ex-Senator Ferdinand “Bongbong” Marcos Jr. and Vice President Leni Robredo, but ... -
Pennsylvania Superior Court Rules Frustration of Purpose and Impracticability/Impracticability Doctrines Inapplicable to Default of Commercial Lease Resulting from COVID-19 Closures | Tucker Arensberg, PC
In Pennsylvania’s first appellate case involving the effects of government-ordered business closures due to the Covid-19 pandemic on a commercial lease default, the Pennsylvania Superior Court ... -
Nigeria: Foreign investment – Nigeria loses to other African countries in oil and gas
There are indications that foreign investors are shedding the Nigerian gas sector as other African countries have attracted larger investments over the past 10 years. Minister ... -
Meat importers back lower pork tariffs
MANILA, Philippines — Meat importers are reiterating their support for a proposal to cut tariff rates on pork imports, pointing out that the Ukraine-Russia conflict has ... -
Effects of Russian sanctions on employees in Switzerland
What do the sanctions against individuals and companies that were put into effect following Russia’s attack on Ukraine mean for the employees of the sanctioned individuals ... -
Eddie Izzard brings her one-woman versions of Dickens and Shakespeare classics to the Cornwall Village Hall
More accustomed to performing in arenas and large halls, comedian and actor Eddie Izzard presents two solo shows this week at a Cornwall village hall. Eddie ... -
Trends in industrial leases to consider in 2022
Many believe it was only a matter of time before the industrial sector got to where it is today, and COVID-19 has surely accelerated the evolution ... -
Russia and Ukraine: what does this mean for Australian businesses?
The Russian-Ukrainian conflict may seem remote from Australia, but it can affect the management of Australian businesses in many ways. This article focuses on three key ... -
Vettel knocks the Turkish Cypriot flag off his helmet
What are cookies As is common practice with almost all professional websites, https://cyprus-mail.com (our “To place”) uses cookies, which are tiny files that are downloaded to ... -
Ex-Goldman compliance chief says Ng is ‘cautious’ with Jho Low
(Bloomberg) – Former Goldman Sachs Group Inc. banker Roger Ng recommended Malaysian financier Jho Low as a private client in late 2009 but advised caution, a ... -
Can the Russian-Ukrainian conflict be qualified as force majeure?
March 9, 2022 2:00 p.m. (UTC+04:00) 109 As is known, many political and economic sanctions have been imposed on the Russian Federation related to the current ... -
More woes for Transnet as it investigates two separate fires at Port of Durban in the past three days
Booming demand for goods and supply chain disruptions caused by Covid-19 have given the shipping industry one of its best years. Photo: Getty Images Transnet said ... -
Ahmedabad hotel sector takes Rs 1,000 crore | Ahmedabad News
AHMEDABAD: After the Ministry of Defense announced the postponement of Defense Expo 2022, hotel occupancy in Ahmedabad plummeted within hours of the announcement. The Gujarat chapter ... -
Crisis in Ukraine – time to proactively review business relations, also from a legal point of view
In addition to the burdens of the COVID situation, the Ukraine crisis has significantly increased the pressure on global business transactions. This can affect corporate ownership ... -
The worst may be yet to come in the Russian-Ukrainian energy crisis
Russia’s invasion of Ukraine has raised fears of a disruption in oil and gas supplies to Europe, sending prices to new highs. Brent crude futures hit ... -
Life without a national carrier; how will India manage humanitarian missions?
Air India’s role as the carrier called upon to bring home our diverse diaspora across the globe in times of crisis is well known. While Air ... -
European energy prices soar after Russia attacks Ukrainian targets
(Bloomberg) — Bloomberg’s Most Read European energy prices soared after Russian forces attacked targets across Ukraine in a bid to demilitarize the country. The West promised ... -
The director of the series “Crystal” talks about exhausting filming. What’s behind the scenes?
Dushan Gligorov Last year, the series “Crystal”, broadcast on KION, caused a sensation. A heartbreaking drama with detective elements captured attention with its realism. And the ...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/WUSYQXQWLVMLVKUGXVX3F2LVNU.jpg)
.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/RNLAFZCRMVKW5OXYEMJT44TPKY.jpg)
/cloudfront-us-east-2.images.arcpublishing.com/reuters/XLYO3ENL7NM23G5HSVCEGAXNOU.jpg)
