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Oilg

All articles tagged with #oilg

energy1 month ago•37 min saved

Shell declares force majeure on Qatari LNG after QatarEnergy halt

Shell has declared force majeure on LNG cargoes bought from QatarEnergy and sold to clients worldwide after Qatar halted production at its 77 mtpa LNG facility; other buyers such as TotalEnergies have reportedly received similar notices. The notices suggest March deliveries may be unaffected, but the impact will be felt from April as deliveries tighten, with Shell and TotalEnergies long-time partners in QatarEnergy’s expansions. Analysts estimate Shell’s intake of Qatari LNG at about 6.8 mtpa.

via Reuters|

#cmpny #energy #lng

world1 month ago•33 min saved

Iran-US sanctions relief clash looms as March talks eyed

Iranian officials say the latest talks show the United States and Iran disagree on the scope and sequencing of sanctions relief, with new talks planned for early March. Tehran rejects zero enrichment and offers compromises—such as exporting part of its stockpile of highly enriched uranium, diluting enrichment levels, or forming a regional enrichment consortium—in exchange for recognition of Iran's right to peaceful nuclear enrichment, while Washington ties relief to broader concessions and possible economic engagement, including investment in Iran's oil sector. Both sides see potential interim deals and mutual economic benefits if a diplomatic path is found, and Tehran has warned it could retaliate if attacked.

via Reuters|

#dip #nucl #oilg