The Qatari LNG producer QatarEnergy has declared force majeure on long-term contracts with four countries. This is the second force majeure declaration in March. Iranian strikes have disabled 17% of QatarEnergy’s export capacity. QatarEnergy has declared force majeure on a number of long-term LNG supply contracts, including with clients in …

The world’s largest oilfield services company SLB (formerly Schlumberger) has begun partially scaling back its operations and has also suspended transit shipments in the Middle East due to the escalation of the situation, according to the company’s press release. The United States and Israel on February 28 began carrying out …