Shell Challenges Venture Global Arbitration Decision in New York Supreme Court

A Shell spokesperson confirmed the filing, which was made on Monday.


Get the Latest US Focused Energy News Delivered to You! It’s FREE:


Shell and other firms including BP, Edison and Galp filed arbitration claims starting in 2023, accusing Venture Global of profiting from the sale of LNG on the spot market while not providing the firms with their contracted cargoes from the Calcasieu Pass export facility in Louisiana.29dk2902l

Shell lost its case in August, while BP won its case in October.

Venture Global did not immediately respond to a request for comment on Tuesday about Shell’s challenge.

Reuters previously reported that BP won its arbitration case with an argument of unfair behaviour by the U.S. company, citing five sources close to the matter.

(Reporting by Francesca Landini, Stephanie Kelly and Marwa Rashad; Editing by Joe Bavier and Susan Fenton)

Share This:


More News Articles

 

  • Related Posts

    How Have US Presidents Tapped the Strategic Petroleum Reserve During War?

    (Reuters) – While the U.S. has no plans yet to sell oil from the Strategic Petroleum Reserve, the world’s largest emergency oil stockpile, presidents have long tapped it during times…

    US Not Currently Discussing Sale of Oil From SPR, Source Says

    (Reuters) – Selling oil from the U.S. Strategic Petroleum Reserve after the U.S. and Israeli attacks on Iran is ‘not currently being discussed’, a U.S. source said on Monday. “Oil…

    Have You Seen?

    Semiconductor and tech supply chain challenges arise from Gulf crisis

    • March 3, 2026
    Semiconductor and tech supply chain challenges arise from Gulf crisis

    Air Liquide Canada acquires Barry Hamel in British Columbia

    • March 3, 2026
    Air Liquide Canada acquires Barry Hamel in British Columbia

    Petronas Sees No Disruption from Mideast War for Now

    • March 3, 2026
    Petronas Sees No Disruption from Mideast War for Now

    Atlas Copco expands US footprint with Cypress Deal

    • March 3, 2026
    Atlas Copco expands US footprint with Cypress Deal

    BlackRock, EQT To Acquire AES Corp. in $33.4B Deal

    • March 3, 2026
    BlackRock, EQT To Acquire AES Corp. in $33.4B Deal

    Chevron Declares Force Majeure as Israel Shuts Leviathan Gas Field

    • March 3, 2026
    Chevron Declares Force Majeure as Israel Shuts Leviathan Gas Field

    U.S. Gasoline Tops $3 as Iran Conflict Sends Fuel Prices Higher

    • March 3, 2026
    U.S. Gasoline Tops $3 as Iran Conflict Sends Fuel Prices Higher

    Top 5 impacts from Qatar LNG shutdown

    • March 3, 2026
    Top 5 impacts from Qatar LNG shutdown

    Top 5 impacts from Qatar LNG shutdown

    • March 3, 2026
    Top 5 impacts from Qatar LNG shutdown

    US Not Currently Discussing Sale of Oil From SPR, Source Says

    • March 2, 2026
    US Not Currently Discussing Sale of Oil From SPR, Source Says