The pandemic provided a teachable moment regarding the wording of force majeure clauses, to be more relevant to the disruption, damages & timelines. Just because a contract has a force majeure clause ...

BEIJING, May 20 (Reuters) - TotalEnergies (TTEF.PA), opens new tab will seek Mozambique's approval to lift a force majeure declaration on its $20-billion liquefied natural gas (LNG) project there and ...

LME copper (HG1:COM) surged 3.6% yesterday to settle above $10,336/t (the highest since May 2024), after Freeport-McMoRan (FCX) declared force majeure, meaning it would be unable to fulfill contracts ...

Shares for Freeport McMoRan declined after the miner notified investors of significant production delays tied to a fatal incident at its operations in Indonesia. The Phoenix-based company's stock ...

The eastern government of Libya may declare force majeure on oil export terminals and oilfields due to “repeated assaults on the National Oil Corporation (NOC),” said the government based in Benghazi.