Qatar’s state-owned energy company halts LNG production after Iran drone attacks

A liquefied natural gas (LNG) tanker on a digital screen at the Qatar Economic Forum (QEF) in Doha, Qatar, on Tuesday, May 20, 2025.

Christopher Pike | Bloomberg | Getty Images

QatarEnergy said Monday that it had halted liquified natural gas production due to attacks by Iran on its operating facilities.

QatarEnergy is the world’s largest provider of LNG. About 20% of global LNG exports come from the Gulf, primarily Qatar, and are shipped through the Strait of Hormuz, according to data from energy consulting firm Kpler.

Qatar’s Defense Ministry said earlier that two drones launched from Iran had struck an energy facility in Ras Laffan Industrial City and a water tank belonging to a power plant in Mesaieed. There were no casualties, the Defense Ministry said.

Shares of LNG exporters Cheniere and Venture Global jumped nearly 7% and more than 16%, respectively, in premarket trading.

This is breaking news. Please refresh for updates.

Source

World

France opens terror probe after attack attempt at Bank of America’s Paris headquarters

March 28, 2026

Police officials stand alongside police and private security vehicles outside The Bank of America building in the 8th arrondissement of Paris on March 28, 2026, following an apparent bomb attack attempt. French police stopped an apparent bomb attack outside a U.S. bank in Paris early March 28, 2026, when they arrested a man about to […]

World

Yemen’s Houthis launch Israel strike, the first time since the U.S.-Israel war began

March 28, 2026

Protesters, predominantly Houthi supporters, demonstrate in solidarity with Palestinians, in Sanaa, Yemen on Aug. 1, 2025. Khaled Abdullah | Reuters Yemen’s Houthis launched a missile strike against Israel, the group said Saturday. It was the first time the Tehran-backed militia had intervened in the U.S.-Israeli-led war against Iran, which has entered its second month. “The […]

World

How the big oil and gas CEOs think the Iran war supply disruption will play out

March 28, 2026

HOUSTON — The CEOs of the world’s most influential oil and gas companies delivered a sobering message this week about the impact of the Iran war on energy supplies and the long-term consequences for the global economy. The executives gathered in Houston, Texas, for S&P Global’s annual CERAWeek energy conference to take stock of the […]