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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 cuts target valuation for US IPO to $65.3 billion
Venture Global LNG on Wednesday slashed the valuation it sought from a U.S. initial public offering to $65.33 billion, significantly lower than the initial target of $110 billion. The revision by the second-largest exporter of liquefied natural gas in the United States follows days of marketing to potential investors,
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.
1d
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 ...
E&E
7h
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.
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 ...
21h
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 ...
TradeWinds
5h
LNG carrier lay-ups seem inevitable as spot rates for modern tonnage ‘absolutely decimated’
Brokers are quoting levels for 174,000-cbm vessels lifting cargoes out of the US to Europe at $9,000 per day on a round trip ...
2d
Portugal to Import More US, Nigerian LNG, Aims to End Russian Supply
LISBON (Reuters) - Portugal plans to increase purchases of liquefied natural gas (LNG) from the United States and Nigeria as ...
13h
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 depletes its gas in storage. The EU’s gas storage was 59 per cent full as of ...
Alaska Public Media
17h
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 ...
GlobalData on MSN
1d
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 ...
2d
Chart Industries: Oil And Gas LNG Scores A Big Win
Chart Industries' deal with Exxon Mobil highlights significant growth potential. Click here to see why GTLS stock is a Buy.
Crude Oil Prices
2h
Indonesia Plans to Defer LNG Cargoes as Domestic Demand Grows
Indonesia is prioritizing domestic natural gas demand, leading to delays in LNG exports and tightening the global LNG market.
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