Category: Israel-Iran conflict
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LNG production freeze pushes QatarEnergy to invoke force majeure
LNG production freeze pushes QatarEnergy to invoke force majeure A liquefied natural gas (LNG) shutdown has led Qatar’s state-owned oil and gas giant QatarEnergy to issue a contractual force majeure notice to LNG buyers. The post LNG production freeze pushes QatarEnergy to invoke force majeure appeared first on Offshore Energy. Melisa Cavcic Go to offshore…
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QatarEnergy turns off LNG and downstream production taps
QatarEnergy turns off LNG and downstream production taps Qatar’s state-owned oil & gas giant QatarEnergy has opted to clamp down on output by cutting off the production flow of liquefied natural gas (LNG) and associated products in the wake of the attack on Iran, which the U.S. and Israel launched over the weekend. The post…
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Another gas asset switching back to online mode in the wake of Israel-Iran ceasefire
Another gas asset switching back to online mode in the wake of Israel-Iran ceasefire Chevron has received the green light to restore production from its giant natural gas field off the coast of Israel, as the dust continues to settle over the U.S.-arranged Israel-Iran ceasefire deal in the Middle East. The post Another gas asset…
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Oil & gas price uptick and vessel rerouting as Israel-Iran conflict keeps markets on edge
Oil & gas price uptick and vessel rerouting as Israel-Iran conflict keeps markets on edge A spike in crude oil prices and tweaks to ships’ regular routes are some of the key indicators of uncertainty enveloping energy and shipping markets in the wake of Israel’s attack on Iran, as both countries turn off their giant…