Good afternoon and Happy Wednesday readers! In today’s Daily on Energy, Callie and Maydeen take a look at how President ...

Venture Global slashes IPO valuation by 40%, facing investor concerns over long-term profit outlook for LNG production.

The liquefied natural gas exporter is marketing 70 million shares in the offering for $23 to $27 each, a more than 40% drop ...

For LNG exporters like Cheniere Energy, Shell and Chevron, the removal of regulatory bottlenecks offers a pathway to unlock ...

The buyers say they have not received cargoes under those contracts since the plant came online in 2022. Venture Global has ...

Venture Global LNG was forced to nearly halve the valuation it is seeking in its U.S. initial public offering (IPO) after ...

The Virginia company operates two liquefied natural gas plants near the Gulf of Mexico that send LNG around the world.

Venture Global is now seeking a more reasonable valuation of about $65 billion, versus earlier plans for about $110 billion.

The U.S. is already the world’s largest oil producer, pumping an average of 13.2 million barrels a day in 2024. Much of its ...

Earn 2 miles per dollar spent on most purchases, and receive a slew of travel-related perks, including airport lounge access.

Venture Global LNG on Wednesday slashed the valuation it sought from a U.S. initial public offering to $65.33 billion, ...

It now aims to sell 70 million shares at a price range of $23 to $27 to raise $1.89 billion, compared with its prior target ...