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Force Majeure

Aug 31, 2015 at 18:27 | Source: PTI
Recently, Azure Power commissioned a 100 MW capacity plant in Rajasthan, largest solar power project under the National Solar Mission making Azure the single largest owner and operator of projects under the NSM with a cumulative operational capacity of 142 MW.
Aug 28, 2015 at 11:53 | Source: Reuters
US crude futures are on track for their first weekly gains in 11 weeks, ending the longest losing streak since 1986. Brent crude is on track for its first weekly gain in two weeks.
Aug 21, 2015 at 09:33 | Source: Reuters
The complaint against InterDigital, filed in federal court in Wilmington, Delaware, deepens a long-standing fight over patent licensing between the two companies.
Aug 13, 2015 at 15:18 | Source: PTI
"GMR Vemagiri Power Generation Limited (GVPGL) at Vemagiri successfully commenced its operation from August 12, 2015 under 'Scheme for Utilisation of Stranded Gas based power plants' as launched by Government of India (GoI) in the month of March, 2015," the firm said in a BSE filing.
Mar 31, 2015 at 12:48 | Source: CNBC-TV18
Adani had sought to raise arguments of "force majeure" and "change in law" with respect to change in Indonesian coal laws, saying it had affected its cost of coal
Jun 18, 2014 at 16:05 | Source: PTI
Raising the issue, CPIM-led Left Democratic Front members, who later staged a walkout over the matter, alleged corruption and political favouritism in giving "hasty clearance" to the project and sought to link it to Robert Vadra, son-in-law of Congress President Sonia Gandhi.
Apr 04, 2012 at 19:19 | Source: CNBC-TV18
Coal India chairman and managing director Zohra Chatterji told CNBC-TV18 that the FSA document was being vetted and would be signed as soon as possible
Jul 13, 2011 at 08:51 | Source: Reuters
Brent prices slipped in volatile trading on Tuesday, giving up early gains after news that Royal Dutch Shell lifted a force majeure on its Nigerian Bonny Light production.
Aug 06, 2010 at 12:19 | Source: Reuters
Trading companies that have sold Russian wheat to millers in Asia are considering declaring force majeure on supply contracts after Moscow slapped on grain export curbs, traders said on Friday.
Aug 03, 2010 at 16:36 | Source: Reuters
Iron ore exporters in Karnataka may declare force majeure by the end of this week if a ban continues to stay, the head of a trade body said, a move that could hit supplies to the USD 88-billion world market.
Messages on Force Majeure »

SRINIVASA HYD

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Commodities  

-largest oil consumer. Elsewhere, Iran`s supreme leader, Ayatollah Ali Khamenei, refused to discuss his country’s nuclear program with U.S. Vice President Joe Biden. In Nigeria, Exxon Mobil, the largest U.S. oil company declared force majeure on Qua Iboe crude oil exports due to pipeline maintenance. Nigeria

11.27 AM Feb 8th 2013

bhusbhac

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443 Followers

Reliance  

no production at the time of tender so that was based on a future supply. The extreme would be a price difference between US$ 4.24 per mmscmd and US$ 2.34 per mmscmd for 12 mmscmd of gas for 13 years FORCE MAJEURE. Here once again there is a question whether gas should be calculated at US$ 2.34 per mmscmd

10.55 PM Dec 6th 2012

bhusbhac

Platinum Member

443 Followers

Reliance  

be taken against the company IF the PSC itself has nothing to say about it. The PSC does say that RIL should do its utmost to achieve production of 80 mmscmd FORCE MAJEURE and IF feasible. RIL has been in CONSTANT communication with Oil Ministry and DGHC since 2010 so has RIL not done its utmost? So you

1.14 PM Nov 3rd 2012

bhusbhac

Platinum Member

443 Followers

Reliance  

babboo-q Being a first contract for five years there was a FORCE MAJEURE clause else ven GoI get involved since the gas was allocated to these companies under the GUP. It is interesting how this issue could be resolved beyond 2014!

6.41 PM Oct 30th 2012

bhusbhac

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443 Followers

Reliance  

It for sure does not include a performance audit since the PSC has NO linkage to production barring achieving 80 mmscmd before April 2014 FORCE MAJEURE. Even the contracts signed are FORCE MAJEURE. In fact there have been allegations of gold plating for which a FINANCIAL audit is enough and may go

11.29 AM Oct 29th 2012

bhusbhac

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443 Followers

Reliance  

production of 80 mmscmd by 2014 FORCE MAJEURE and based on several approvals of Oil Ministry from time to time.

10.41 AM Oct 28th 2012

Web Messenger

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News Now  

Source:The Hindu BusinessLine - October 17, 2012: The Indian Railways Act 1890 does not allow the Railways to save its skin and take shelter under the omnibus force majeure clause because to do so it must prove that it had taken all steps which a prudent bailee would take in similar circumstances

11.04 AM Oct 18th 2012

ZerodhaTrad
er

Gold Member

16 Followers

Indian indices  

exploration. Mining major BHP Billiton said in its annual report that off-shore Indian exploration has been hit due to delays in getting permits from the defence ministry. BHP Billiton, which operates 10 offshore blocks, and its local partner have claimed force majeure as a result of these delays.

9.11 PM Oct 14th 2012

bullbirsing
h

Platinum Member

88 Followers

Larsen  

landed in this " force majeure". Unfortunately, every other regional political parties who were thinking of becoming a Mamta in the next General elections are neither able to give a pat to the govt nor leave the govt leading to elections so soon. How do you think sir, is the most possible recipe

11.04 AM Sep 19th 2012

bhusbhac

Platinum Member

443 Followers

Reliance  

avin57 There was no harm TRYING to get an interim increase since drop in production as stated appears to be force majeure as the consumers are not protesting. Solicitor General was asked for an opinion and firstly one needs to know why the opinion was sought but not followed. The arbitration

6.13 PM Jul 5th 2012

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