Venture Global jumps on Shell arbitration win
ReutersAug 13, 2025 9:25 AM
LNG company Venture Global VG.N rises 6.7% to $13 premarket
Tribunal sides with VG in legal battle against Shell SHEL.L over cargo delivery from the Calcasieu Pass export facility; Shell had accused VG of favoring spot sales over contract obligations
Ruling could set precedent for pending arbitrations with other energy firms, including BP BP.L, Edison EDNn.MI - JPMorgan, prior to verdict
The decision of the tribunal is in keeping with Venture Global's position that it has always honored its agreements with its customers - VG
As of last close, VG down more than 49% since it went public in January
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