Shell appeals arbitration defeat against Venture Global LNG, claiming withheld evidence, after losing case over undelivered gas contracts worth billions during Ukraine war price surge.
Venture Global's (VG) Q3 2025 results show explosive growth with record LNG shipments and major new contracts, though natural gas price volatility keeps profit outlook cautious.
BP has won its arbitration case against Venture Global over the failure to deliver contracted LNG from the Calcasieu Pass plant. The ruling, which mandates a 2026 hearing for over $1 billion in damages, heightens VG’s financial exposure amid multiple ongoing claims.
