Venture Global Stock News
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NYSE, Oct 16, 04:28 pm EDT.
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Venture Global Stock News
Venture Global inks deals with GE Vernova, Baker Hughes for power expansion
ARLINGTON, Va.--(BUSINESS WIRE)--Venture Global Secures New Agreements to Support Expansion of Existing Grid-Independent Power Network.
The company plans to build gas-fired power plants to supply data centers.
Venture Global said on Thursday an arbitration tribunal found its Calcasieu Pass unit breached a long-term supply agreement with Portugal's Galp by failing to declare commercial operations at the LNG project on time.
Venture Global is in talks to sell liquefied natural gas to additional Chinese buyers, Bloomberg News reported on Tuesday, citing people familiar with the matter, as the Iran war disrupts global shipments and spurs China to diversify its supply sources.
Venture Global has asked federal regulators to allow it to place phase 1 of its Plaquemines LNG plant into service, a final step before it can begin commercial operations at the LNG export facility in Louisiana, according to a FERC filing on Thursday.
Venture Global and ConocoPhillips said on Thursday they had signed a 20-year liquefied natural gas (LNG) supply agreement under which ConocoPhillips will buy 1 million tonnes a year of LNG starting in 2030.
ARLINGTON, Va.--(BUSINESS WIRE)--Venture Global and ConocoPhillips Announce 20-Year LNG Sales and Purchase Agreement.
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