Argent LNG, which is developing a 25 million metric tonnes per annum (MTPA) LNG facility in Louisiana, has signed a non-binding agreement with the government of Bangladesh to purchase up to 5 million metric tons of liquefied natural gas (LNG) annually,
The European Union is unlikely to propose phasing out Russian liquefied natural gas as part of a new package of sanctions targeting Moscow for its invasion of Ukraine, according to people familiar with the matter.
US President Donald Trump’s plan to quickly sell more liquefied natural gas to the world could face difficulties due to limited supplies this year and reluctance in Europe to commit to long-term deals.
Venture Global expects to begin trading on Friday on the New York Stock Exchange with an initial public offering (IPO) priced at $25 per share, the US liquefied natural gas exporter said. Another 10.5 million shares will be made available to Venture Global’s underwriters.
One of the president’s executive orders offers a new path for getting a gas development across the finish line.
A team of investigators with the Transportation Safety Board of Canada (TSB) is heading to Squamish to uncover why two marine vessels working at an LNG project crashed back in December 2024. The announcement comes five weeks after the Dec.
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 slashes IPO valuation by 40%, facing investor concerns over long-term profit outlook for LNG production.
The IPO was expected to be the first blockbuster listing of 2025, as well as a litmus test for the appetite for energy companies under the Trump administration.
At its IPO price of $25 a share, Venture Global's market capitalization tipped the scales at $60.5 billion, putting it above Cheniere Energy Inc.'s (LNG) roughly $53 billion market cap. Its market value roughly doubles the $31 billion median value of components of the S&P 500 SPX.
Venture Global (VG) shares opened at $24.05 a share, below their $25-a-share IPO price. The stock was trading at $24.50 at last check, down 2% on the day.