Qatar, the world’s second-largest exporter of LNG, announced a production halt at its 77 million tons per annum (mtpa) facility last week and declared force majeure on LNG shipments. Shell declined to comment. Other Qatari LNG buyers, including TotalEnergies and some Asian companies, have received force majeure notices from Qatar and told customers they would not be selling them Qatari …
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GRAND FRAUD! Standard Chartered Cited in Clients’ $2.7bn Multibillion-Dollar Theft as Uganda Exit Rumours Grow
A Singapore High Court has paved the way for a $2.7 billion lawsuit against Standard Chartered Bank over its alleged role in the multibillion-dollar 1MDB fraud, liquidators announced on Monday. The court dismissed the bank’s application to strike out the suit, marking what the liquidators described as “a significant legal victory” in ongoing efforts to recover stolen Malaysian public funds. …
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