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Venture Global LNG raises $1.75 billion
Venture Global trades below IPO price in disappointing debut despite Trump's support of LNG industry
"The Trump administration has made very clear they support growing LNG exports," Venture CEO Mike Sabel told CNBC in an interview Friday.
LNG Exporter Venture Global Raises $1.75 Billion in US IPO
Venture Global is the second-largest exporter of liquefied natural gas, or LNG, in the United States, and one of Trump's first moves after his inauguration was to sign an executive order to end a moratorium on new LNG export permits, which clears an obstacle to Venture Global's expansion plan.
Venture Global LNG Raises $1.75 Billion in IPO Amid Adjusted Valuation
Venture Global LNG has successfully raised $1.75 billion through its U.S. IPO after pricing 70 million shares at $25 each. The offering was adjusted from an initial plan of 50 million shares priced at $40 to $46 to
TradeWinds
13h
Burning methanol ‘does not make sense’, says LNG fuelling pioneer Shell
Willems said: “Shell’s view is that burning methanol doesn’t make sense.” He pointed out that methanol has a higher carbon ...
energyintel
2h
US, Canada to Benefit From Japan's Renewed Focus on LNG
LNG has taken a more prominent role in the latest draft of Japan's energy plan, which should bolster North American export ...
Crude Oil Prices
3d
Big Oil Prepares for Slump in LNG Profits
Big Oil companies are preparing for lower profits from LNG trade due to stabilizing prices after a period of high volatility.
TradeWinds
3d
Shell closes in on owners and investors for LNG bunker vessel newbuilding orders
The investment company’s move to enter the sector comes as several new but existing shipowning and bunker names such as ...
3d
Oil majors brace for falls in LNG revenues as prices stabilise
The Title Transfer Facility, the European gas benchmark often used for LNG contracts in the region, traded at a high of more than €300 per megawatt hour and a low of €65/MWh in 2022. In 2024, the ...
Upstream
3d
YPF signs deal with Indian players to export LNG
Marin also visited Israel, South Korea and Japan to seek buyers for LNG from the country’s Vaca Muerta shale formation.
2d
on MSN
EU looks to head off gas squeeze amid Russian LNG ban talk
European gas inventories are being used up at the quickest pace since the depths of the energy crisis after Russia's invasion ...
Hosted on MSN
7h
Shell Set to Report Q4 Earnings: What's in Store for the Stock?
Shell plc SHEL is set to release fourth-quarter results on Jan. 30. The current Zacks Consensus Estimate for the ...
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