Last mentioned: Mar 11, 2026
Market Reaction
Global LNG spot prices (JKM) begin to trend upward in response to supply uncertainty.
Shell Declaration
Shell Plc officially declares force majeure on certain LNG contracts with Asian customers.
TotalEnergies Declaration
TotalEnergies follows with its own force majeure declaration citing the Qatar shutdown.
Force Majeure Declared
Shell and TotalEnergies officially notify customers of their inability to fulfill LNG delivery contracts from Qatar.
Market Reaction
Energy analysts monitor the Japan-Korea Marker (JKM) for potential price spikes in the Asian spot market.
Production Shutdown
Reports confirm that the force majeure stems from a significant operational halt at Qatari liquefaction facilities.
Facility Shutdown
Reports emerge of technical issues at Qatari LNG liquefaction trains causing a production halt.
Certiorari Granted
The Supreme Court officially agrees to hear the case, pausing lower court proceedings.
SCOTUS Petition
Oil and gas companies petition the Supreme Court to review the jurisdictional dispute.
Appellate Rulings
Multiple U.S. appellate courts rule that these cases can proceed in state courts, rejecting industry arguments for federal jurisdiction.
Initial Filings
Dozens of municipalities file lawsuits in state courts alleging fossil fuel companies misled the public on climate risks.
Shell and TotalEnergies have invoked force majeure on liquefied natural gas (LNG) contracts following an unexpected shutdown of production facilities in Qatar. The move signals a significant disruption in global energy flows, particularly impacting long-term supply agreements with major Asian importers.
Energy giants Shell and TotalEnergies have invoked force majeure on LNG delivery contracts from Qatar, citing an ongoing shutdown of liquefaction facilities. The move signals a major disruption to global natural gas supplies, particularly impacting Asian utilities that rely on long-term Qatari exports.
Shell Plc and TotalEnergies have invoked force majeure clauses on liquefied natural gas (LNG) delivery contracts sourced from Qatar, citing an ongoing operational shutdown in the Gulf state. The move primarily affects Asian buyers, threatening energy security in key markets and signaling a significant tightening of global LNG supply chains.
The U.S. Supreme Court has agreed to hear a challenge from major oil and gas companies seeking to block a wave of climate change-related lawsuits filed in state courts. This decision marks a critical juncture in environmental litigation, as the court will determine whether state-level claims regarding global warming are preempted by federal law.