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LNG exporter Venture Global slashes IPO price range
LNG exporter Venture Global slashes IPO valuation target by $45B after investors balk
Liquefied natural gas producer Venture Global slashed the proposed range for its IPO on Wednesday, lowering the valuation it sought to ~$65B from the initial target of $110B at the top of the previous range.
LNG exporter Venture Global slashes IPO price range despite President Trump’s pro-energy push
Venture Global is now seeking a more reasonable valuation of about $65 billion, versus earlier plans for about $110 billion.
Venture Global LNG reportedly considering lowering US IPO price range
The company plans to increase its share offering from 50 million to up to 62 million in its potential New York flotation.
LNG, Trump
LNG companies hail Trump decision to lift freeze on export permits
Three companies developing liquefied natural gas (LNG) projects in Texas and Louisiana said they will move full speed ahead with their plans after U.S. President Donald Trump lifted the previous administration's freeze on export permits.
Industry praise lifting of LNG permitting pause
The move came in an executive order directed at energy and ordered the Energy Department to resume reviewing applications for new permits. The pause began last January when then-President Joe Biden ordered his administration to study the climate, economic and social security implications of increasing LNG exports.
Trump Lifts Biden's LNG Freeze, Energizes the Industry
On his first day back in office, President Donald Trump issued a flurry of executive orders, signaling a dramatic shift in U.S. energy policy. Among the most significant was an order ending former president Biden’s moratorium on new liquefied natural gas (“LNG”) export permits.
Mozambique, TotalEnergies and LNG
TotalEnergies' Mozambique LNG project faces delay beyond 2029
France's TotalEnergies has further delayed its $20 billion liquefied natural gas (LNG) project in Mozambique, citing ongoing security concerns, the Financial Times reported on Wednesday.
126 NGOs oppose funding of TotalEnergies Mozambique LNG project
An open letter Wednesday signed by 126 non-governmental organizations urged public and private lending institutions to end financing for a Mozambique liquified natural gas facility being built by France's TotalEnergies.
TotalEnergies postpones multi-billion Mozambique LNG project
TotalEnergies has been dealing with ongoing delays and insurgencies regarding its Mozambique LNG project for several years now. The project is expected to start production in 2029. View on euronews
LNG, Russia and Nigeria
Portugal to increase LNG purchases from US, Nigeria, reduce Russian imports
"Portugal to increase LNG purchases from US, Nigeria, reduce Russian imports" was originally created and published by Offshore Technology, a GlobalData owned brand.
Portugal to Import More US, Nigerian LNG, Aims to End Russian Supply
Portugal imported 49,141 gigawatt-hours (GWh) of natural gas in 2024, of which around 96% was LNG, data from electricity and gas grids operator REN shows. Nigeria accounted for 51% of those LNG deliveries,
Portugal looks to dump Russia for Nigerian and US LNG supplies
Portugal has listed Nigeria alongside the United States as one of the countries it aims to get its supply of liquified natural gas (LNG) from. ・Portugal aims to get LNG supply from Nigeria and the United States due to shortage from the Russian market.
6h
on MSN
US extends comment deadline on Biden-era LNG study to protect approvals
The U.S. has extended the comment period on a federal study of the economic and environmental impacts of the booming ...
Alaska Public Media
2h
State celebrates Trump support for LNG project, some lawmakers remain skeptical
Within hours of returning to the country’s highest office Monday, President Donald Trump formalized his support for the $44 ...
2d
U.S. LNG Sales To Ukraine Transform Global Energy Picture
The United States is now supplying liquefied natural gas to Ukraine, a move implemented in the final days of the Biden ...
16h
on MSN
TotalEnergies Hired DC Lobbyist in Bid to Revive Mozambique LNG
TotalEnergies SE hired a Washington lobbyist to help approve key export financing in an effort to revive its Mozambique ...
Upstream
1h
New train mulled for Australian LNG project
In tandem with this tie-up with Santos, Tamboran assured that it also remains committed to developing the proposed NT LNG ...
16h
More US LNG exports to Europe will help market, Uniper CEO says
More United States' exports of liquefied natural gas (LNG) to Europe along the strategies outlined by President Donald Trump ...
12h
on MSN
Europe natural gas price surges on U.S. LNG export worries
European natural gas prices jumped back to €50/MWh on Wednesday, the highest level since the first trading day of the year, ...
1d
on MSN
Biden’s Ban on New Liquefied Natural Gas Exports Lifted by Trump
President Donald Trump has lifted a moratorium on new US licenses to export liquefied natural gas, making good on a campaign ...
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