force majeure – Oil & Gas 360

Chevron declares force majeure as Israel shuts Leviathan gas field

March 2, 2026

(Oil Price) – Chevron has declared force majeure at Israel’s Leviathan natural gas field after the government ordered a temporary suspension of production on security grounds, marking the second time in less than a year that hostilities with Iran have disrupted Eastern Mediterranean gas flows. Israel’s energy ministry directed operator Chevron to shut in Leviathan following joint U.S.-Israeli strikes on Iran

Exxon lifts force majeure on Rovuma LNG, clearing path for major Mozambique gas development

November 20, 2025

(World Oil)– ExxonMobil lifted a force majeure on its Rovuma liquefied natural gas project in Mozambique as security concerns subside, a key step toward sanctioning the development and committing construction funds. The force majeure was put in place after Islamic State-affiliated militants carried out an attack near its operations in northeastern Mozambique in 2021. Ending the force majeure will allow

Lukoil declares force majeure on Iraq oil shipments following U.S. sanctions

November 10, 2025

(World Oil) – Russia’s Lukoil PJSC declared force majeure on oil shipments from its giant West Qurna 2 field in Iraq, according to a person with knowledge of the matter. The move is a sign that sanctions against Russia’s No. 2 oil producer are beginning to impact its international operations. The U.S. announced penalties against the firm last month as part

Ecuador’s NOC declares force majeure after indigenous protests

January 2, 2024

Oil Price Ecuador’s state-run oil company, Petroecuador, has declared force majeure on three more oil blocks due to protests by the indigenous Kichwa community, just days after doing the same for another block. The three blocks were jointly producing a total of about 142,000 barrels of oil equivalent before production fell to about 122,500 on Monday. The indigenous community has accused the company

Exxon declares force majeure on Russian Sakhalin-1 operations

April 27, 2022

Yahoo Finance Exxon Mobil Corp said on Wednesday that its Russian unit Exxon Neftegas Ltd has declared force majeure for its Sakhalin-1 operations, where it has become increasingly difficult to ship crude out of due to sanctions on Russia. The Sakhalin-1 project produces oil off the coast of Sakhalin Island in the Russian Far East. Exxon is discontinuing its operations

Shell, Eni declare force majeure on two large Nigerian oil flows

March 14, 2022

World Oil (Bloomberg) — Shell Plc and Eni SpA both declared force majeure on key oil flows from Nigeria, threatening to disrupt supplies in a market that’s already fretting about the impact of Russia’s invasion of Ukraine. Shell’s measure has been in place since March 3 and applies to its Bonny export program. Eni’s relates to Brass crude cargoes and

Oil Hits $80 But Nigeria Loses 200,000 BOPD as Shell Declares Force Majeure

May 18, 2018

From The Cable Goood news: oil prices hit $80 a barrel on Thursday for the first time since November 2014. Bad news: Shell Petroleum Development Company (SPDC) on Thursday declared force majeure on the exports of Nigeria’s major crude oil, the Bonny Light, effectively cutting off sales of around 250,000 barrels per day (b/d) of the country’s crude from the market. Brent crude,

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