Force majeure and commercial impracticability clauses can safeguard against unforeseen disruptions, but it's not foolproof.

Libya’s state oil firm declared force majeure on key field El-Feel amid a widening shutdown of production triggered by a power struggle in the OPEC member. The force majeure, a legal clause that ...

The Vietnamese Embassy in Egypt and Lebanon on Monday issued an urgent notice recommending Vietnamese citizens living and ...

Libya’s state National Oil Corporation today declared a state of force majeure at its El-Feel crude oil field. The NOC said ‘‘the current circumstances that Mellitah crude oil production which ...

DUBAI, Sept 2 (Reuters) - Libya's National Oil Corp. (NOC) declared force majeure on El Feel oil field from Sept. 2, it said in a statement on Monday. The field, which has a capacity of 70,000 ...

Notification No. 09/2023-CT is challenged on the ground that in the absence of force majeure, the Government could not have exercised the power under Section 168A of the CGST Act. In respect to ...

Libya's National Oil Corp. (NOC) declared force majeure on El Feel oil field from Sept. 2, it said in a statement on Monday. The field, which has a capacity of 70,000 barrels per day, is operated by ...

(Bloomberg) -- Oil extended gains after Libya declared force majeure at a key oilfield amid widening shutdowns that have wiped out close to a million barrels from daily global supplies.

The FCA is consulting on amendments to its Payment Services and Electronic Money Approach Document to provide guidance for ...

(Bloomberg) -- Libya’s state oil firm declared force majeure on key field El-Feel amid a widening shutdown of production triggered by a power struggle in the OPEC member. The force majeure, a legal ...

Investors in the offshore wind industry are advancing a proposal to the Department of Energy (DOE) that delays in the availability of critical infrastructure – primarily grid connections as well as ...