Trending News: CIP secures €200m to scale biomethane in EuropeVietnam breaks ground on $2.3bn LNG power plantBrightHy to install 2MW Chinese electrolyser at Spanish cement facilitySyngular Solutions eyes Brazilian BECCS opportunities with French tech providerIBM and US government commit $2bn to first quantum chip foundryOil Exerts Influence Well Beyond Energy MarketAtome picks electrolysers from China’s Sungrow for Paraguay green fertiliser plantVideo | Can the chip industry replace PFAS?Podcast | Technical debrief: testing amine degradation products and MOFs for CO2 captureVideo | Is iridium supply a bottleneck for PEM electrolyses?Oil Could Enter Red Zone by July/August: IEAUK Adds New Tax Pressure as Energy Security Concerns GrowOil Prices Rise as Traders Grow Skeptical of U.S.-Iran DealHelium to be placed on Tanzania critical and strategic minerals listOil Prices Rise As Iran Draws Red Line on UraniumUS Keeps Dakota Access Pipeline Open With Tighter Environmental ChecksAmericans Brace for Pricey Summer Travel With Fuel Costs Near Multi-Year HighsExxon May Acquire Rights to Produce Oil in Venezuela, New York Times ReportsInside the Unraveling of U.S. Diplomacy Under TrumpUS Natural Gas Storage Capacity Rises in 2025, Says EIAConocoPhillips Says Venezuela’s Bid to Woo Oil Firms Falls ShortChina Raises Fuel Price Caps Again as Iran War Keeps Oil Markets on EdgeSaudi Oil Export Income Jumped to 3.5-Year High in March as Prices SoaredChina Boosts Oil Stockpiles Despite Import PlungeU.S. Energy Storage Installations Post Record First QuarterChina’s Solar Exports Soar as World Grapples with Energy CrisisJapan’s Crude Imports from Middle East Slump to Lowest on RecordTexas Tech University wins $4.5m state grant for semiconductor developmentUS Energy Storage Additions Hit a First-Quarter Record, Report ShowsDevon Snaps Up Prime Delaware Basin Acreage for $2.6 Billion after Coterra MergerOil Market Clock is Ticking as Supply Crunch Looms: BoussoDutch project secures €150m for biomethane productionDutch e-fuels firm takes FID on 20MW green hydrogen projectTop 5 ways to turn geopolitical volatility into commercial advantageMidOcean Energy funded $120m to support global LNG supply chainHow hydrogen could power specialist ceramicsHow hydrogen could power specialist ceramicsGoldman Sachs Sounds Fresh Alarm on Global Oil StockpilesWind and Solar Overtake Gas Power Generation for the First TimeTraders Expect Oil Prices to Remain Above $81 for the Next 12 MonthsUS Oil and Gas Auction for New Mexico Leases Draws Record $4 Billion in BidsOil Rises Over 1% After Reuters Report Signals Complication to US-Iran Peace TalksWhat Happens to Oil if Iran Permanently Taxes Hormuz Traffic?Germany-Netherlands hydrogen pipeline connections set to expandWeekly Tech Updates: Water Battery Breakthrough, Smart Solar Storage, Next-Gen GaN Converters & More…Gasum bioLNG sales jump driven by FuelEUIndian Stock Market Ends Mixed As Renewable Energy And Utility Stocks See Selective Buying (21 May 2026)Philadelphia Energy Authority Energy Campaign Exceeds Targets, Drives Clean Energy Growth and Economic ImpactHindustan Power Signs 800 MW PSA with MP Power Management Company Limited for Anuppur ProjectUK wastewater site to scale hydrogen and graphene productionRajasthan Solar Association Calls for Pragmatic Transition Framework for ALCM / ALMM ImplementationNorway’s Offshore Oil Production Beats Forecasts in AprilSaudi Arabia Forced to Boost Fuel Oil Imports as Gas Output DipsMantel and Wood advance carbon capture projects in CanadaMicrosoft signs seven-year CO2 storage deal with BioCircVideo | Is hydrogen mobility really viable in India?Rubio to Visit Delhi as US Seeks to Boost Energy ExportsRheinmetall says military demand can commercialise green hydrogen e-fuelsUK–GCC free trade agreement will spur clean energyUK aviation consortium funnels £188m into R&DNigeria Targets 100,000-BPD Oil Output Increase As Global Supply DisruptedJODI: Saudi Arabia Crude Exports Sink To Record LowsJacobs to carry out environmental assessments for UK’s Oldbury siteMicroreactor application accepted for review by US regulatorTerraPower and HD Hyundai sign Natrium reactor agreementsChina and Russia sign nuclear-related MoUs during Xi-Putin talksUS Crude and Gasoline Inventories Fell Last Week on Strong Demand, EIA SaysUS Draws Down Record Volumes of Crude Oil From Stocks, EIA SaysIEA: Oil Shock Sparks Surge in EV SalesGoldman Sachs Says US Natural Gas Output Shows Signs of Price SensitivityIran War Boosts US Shale Oil But Only So Much: BoussoTrump Blinks as Big, Bad Bond Market Bares its Teeth: McGeeverEnergean Slashes Dividend After Israel Gas Shutdown Cuts OutputWoodside CEO: Markets Are Badly Underestimating the LNG Supply ShockIndonesia Tightens Grip on Key Commodity ExportsThree Supertankers Carrying 6 Million Barrels Exit Strait of HormuzUK Eases Some Russian Oil Sanctions as Fuel Prices SoarEU approves €288m German state aid for two semiconductor projectsOil Prices Slump After Trump Comments While Analysts Point to Supply CrunchWould USA Allow Iran Hormuz Tax In Exchange for Peace Deal?30MW UK-backed green hydrogen project takes FID30MW UK-backed green hydrogen project takes FIDNorwegian PEM firm Hystar launches standardised 20MW hydrogen plant designSweden P2L project receives e-SAF funding boostUniversity launches mobile CO2 capture pilot facility in ItalyTwo Supertankers Exit Hormuz With Crude Bound for ChinaStrikes Hit Two Australian LNG Facilities After Wage Talks CollapseIndia Eyes Direct Gulf Oil Loading Despite Hormuz BlockadeIndia’s Agnikul scales up testing of 3D printed semi-cryogenic enginesGermany secures EU approval for €1.3bn hydrogen subsidy auctionGermany secures EU approval for €1.3bn hydrogen subsidy auctionCO2 utilisation company opens e-fuel system manufacturing hub in PennsylvaniaINSIGHT: Giant US Power Merger Bets on AI Build-Out, but May Hinge on Power BillsSEE THEM HERE: Some of the Biggest Power Companies in USWhy Is Oil Moving Lower Today?Three key energy scenarios in Middle East crisisThree key energy scenarios in Middle East crisisHydrogen Council urges hydrogen role in Middle East crisis responseWillis launches global CCS insurance solutionJinko Academy Returns to Al Hussein Technical University (HTU) in Jordan

Shell Ordered to Pay Venture Global’s Legal Fees After Arbitration Loss

Business & Policy
November 15, 2025

Earlier this week, Reuters reported that Shell challenged its defeat in the New York Supreme Court, weeks after rival BP won a similar arbitration worth more than $1 billion.

Both cases centered on Venture Global’s failure to deliver LNG under long-term contracts while selling cargoes on the spot market as prices surged after Russia’s 2022 invasion of Ukraine.

(Reporting by Ashitha Shivaprasad in Bengaluru; Editing by Leslie Adler and Tom Hogue)