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Venture Global wins arbitration case against Shell

Venture Global wins arbitration case against Shell over contracted LNG cargoes
Venture Global has won a legal battle against Shell over its failure to deliver liquefied natural gas under long-term contracts starting in 2023, the U.S. LNG major said on Tuesday. Firms, including Shell,
Venture Global wins arbitration case against Shell in LNG contract dispute
Venture Global (NYSE:VG) +4.9% post-market Tuesday after it said an arbitration tribunal ruled in its favor in its legal battle against Shell (NYSE:SHEL) in a dispute over its failure to deliver liquefied natural gas under long-term contracts starting in 2023.
Venture Global trumps Shell in arbitration case over LNG cargo delays
Venture Global has triumphed over Shell in the UK supermajor’s arbitration case over the delay of commercial operations at its Calcasieu Pass terminal in southwest Louisiana, the US liquefied natural gas exporter confirmed Tuesday.
Shell loses legal claim against US LNG operator Venture Global
The customers — which include Shell, BP, China’s Sinopec and several European energy companies — lodged damages’ claims for between $6.7 to $7.4bn against the LNG provider and sought arbitration at the International Chamber of Commerce.
Venture Global stock rises after favorable arbitration ruling against Shell
The positive ruling appears to have relieved investor concerns about potential contractual liabilities, contributing to the stock’s after-hours gain. The arbitration outcome represents a significant legal victory for Venture Global in what has been a closely watched dispute in the LNG sector.
Venture Global expects arbitration resolution ‘imminently’ for US LNG facility
Venture Global expects one of its arbitration cases related to its first liquefied natural gas terminal to conclude “imminently”, the US LNG exporter said Tuesday in its second quarter earnings report.
Venture Global lands $15B for Louisiana LNG terminal
The final investment decision for the CP2 export project comes after federal regulators cleared it to begin limited construction in May.
Venture Global Expects First Arbitration Case To Conclude Soon
Venture Global stated in a filing on Tuesday that the remedies sought by the group of energy companies include damages ranging between $6.7 billion and $7.4 billion, rather than the termination of the post-commercial operations date sales purchase agreement.

Venture Global's Plaquemines LNG export facility drives profit beat

Liquefied natural gas exporter Venture Global on Tuesday beat Wall Street expectations for second-quarter core profit, as ...
TradeWinds11h

Venture Global bumps up LNG carrier fleet as newbuildings deliver and revenue soars

US LNG producer and shipowner Venture Global has boosted its owned and operational LNG carrier fleet to four vessels with the ...

Venture Global Posts Higher Profit, Revenue

Venture Global logged higher profit and more than doubled its revenue in its latest quarter as liquefied natural gas sales volumes rose.

Venture Global: Q2 Earnings Snapshot

(VG) on Monday reported earnings of $435 million in its second quarter. On a per-share basis, the Arlington, Virginia-based company ...
The Advocate15d

Venture Global wraps up financing for second Calcasieu Pass 2 LNG export terminal

Venture Global has wrapped up financing and made a final investment decision for its second liquefied natural gas facility in ...
The Bakersfield Californian12h

Venture Global Reports Second Quarter 2025 Results

Venture Global, Inc. ("Venture Global" or "we") (NYSE: VG) has reported financial results for the quarter ended June 30, 2025. As a reminder, Venture Global will host a conference call for investors ...

Venture Academy’s statement on Global News’ investigation

Global News submitted an 18-page letter of questions to Venture Academy. The company instead responded with a statement ...