Winds and floods are among the very reasons for the seldom-invoked force majeure provisions of your oil and gas leases, operating agreements, transportation agreements and other contracts.
Force Majeure
Hurricane Harvey And Oil And Gas Operations – What To Do
By CHARLES SARTAIN | GRAY REED & MCGRAWSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.Energy News Roundup: Nigerian Oil Theft Hitting Exports, EPA Emissions Rule and Possible BHP Billiton Split
By Jared Anderson
Oil theft in Nigeria caused Shell to recently declare force majeure on its Forcados crude grade and continued sabotage could decrease May exports to the lowest levels in five years, which would make Angola the largest African oil exporter by volume. [Sweet Crude Reports] The long-awaited EPA rule to restrict carbon emissions from existing power… Keep reading →
