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Venture Global LNG raises $1.75 billion
LNG exporter Venture Global dips below IPO price in its trading debut
The energy company raised $1.75 billion by pricing 70 million shares at $25, the middle of its reduced $23 to $27 price range.
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.
11h
Exclusive: Japan's JERA plans to expand US LNG purchases to diversify energy supply
Japan's biggest top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to ...
1d
LNG Freight Rates Plunge to Record-Low Levels as Vessels Pile up
Liquefied natural gas shipping costs are plummeting as the market grapples with a glut of vessels, a development that could ...
1d
LNG tankers change course to Europe as gas storage levels drop
Europe is increasingly reliant on its ability to attract LNG following the loss of Russian gas through Ukraine, as it ...
12h
Louisiana's Argent LNG sets deal with government of Bangladesh
Argent LNG, which is developing a 25 million metric tonnes per annum (MTPA) LNG facility in Louisiana, has signed a ...
8h
on MSN
Trump Plan to Sell More LNG Fast Faces Obstacles, Exxon Says
US President Donald Trump’s plan to quickly sell more liquefied natural gas to the world could face difficulties due to ...
Ukrainska Pravda on MSN
9h
EU unlikely to include Russian LNG in new sanctions package, Bloomberg reports
The European Union is unlikely to propose a gradual phase-out of Russian liquefied natural gas (LNG) as part of its new ...
Baton Rouge Business Report
8h
This LNG producer is debuting on the NYSE
Shares in Venture Global, Inc. are expected to make their debut on the New York Stock Exchange after the company raised $1.75 billion in its initial public offering, Fast Company reports. Venture ...
E&E
1d
Trump order boosts LNG project off Louisiana
One of the president’s executive orders offers a new path for getting a gas development across the finish line.
8h
on MSN
New US LNG Supply Will Take Time To Start, Exxon Says
New supplies of liquefied natural gas take time to develop, and significant new capacity will only start kicking in over the ...
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