Key Takeaways BP wins arbitration against Venture Global over LNG supply contract obligations.The tribunal found VG breached its contract by not declaring Calcasieu Pass operational.A 2026 hearing will decide BP's compensation, while VG reviews its appeal options.BP plc (BP) , the British oil and gas giant, has recently secured a win in an arbitration proceeding against Venture Global Inc. (VG) over the latter’s failure to supply liquefied natural gas (LNG) shipments under a long-term contract between the t ...

BP has won its arbitration case against Venture Global over the latter’s failure to deliver liquefied natural gas (LNG) under a long-term contract that was set to commence in late 2022. The International Chamber of Commerce’s International Court of Arbitration issued a partial final award to bp related to LNG sales from the Calcasieu Project, Venture Global stated in a filing with the Securities and Exchange Commission. This award found that Venture Global breached its obligations by not declaring in a t ...

智通财经APP获悉，在原油价格走弱的大环境下，能源巨头们正被迫直面一系列艰难抉择。未来数月，曾颇为丰厚的股 东回报预计将面临严峻压力。 近期，包括埃克森美孚(XOM.US)、雪佛龙(CVX.US)、壳牌(SHEL.US)及英国石油(BP.US)在内的欧美石油巨头纷纷采取 裁员与降本措施。在行业下行周期中，这些企业正寻求收紧开支、节流度日。 他解释道："过去几年，石油企业通过股票回购向投资者返还现金、支撑股价。相比削减股息，缩减回购规模是更优选 择——对投资者来说，回购如同'锦上添花'，而股息才是'核心收益'。一旦削减股息，必将令华尔街不寒而栗。" 今年早些时候，沙特阿美就因油价前景不明朗，削减了全球规模最大的股息。Williams-Derry认为，这一举措与沙特阿 美今年大部分时间股价持续走弱密切相关，而其他私营石油巨头显然不愿重蹈覆辙。 这一举措与数年前的行业态势形成鲜明反差。2022年，俄乌冲突爆发后，化石燃料价格飙升，西方五大石油公司合计斩 获近2000亿美元利润。 手握充裕现金流，埃克森美孚、雪佛龙、壳牌、英国石油及道达尔(TTE.US)等企业选择将这些被联合国秘书长安东尼 奥・古特雷斯称为"暴利"的 ...

Core Viewpoint - Energy supermajors are facing significant challenges due to a weaker crude price environment, leading to potential pressure on shareholder payouts in the coming months [1][2]. Group 1: Industry Trends - U.S. and European oil majors, including Exxon Mobil, Chevron, Shell, and BP, have begun cutting jobs and reducing costs in response to an industry downturn, marking a shift from the previous years of high profits [2][3]. - In 2022, the five largest Western oil companies reported nearly $200 billion in combined profits due to soaring fossil fuel prices following geopolitical events [2]. - The cash returns as a percentage of cash flow from operations (CFFO) have reached as high as 50% for several energy companies recently, indicating a trend of high shareholder returns [3]. Group 2: Financial Strategies - Analysts suggest that cutting buybacks is preferable to reducing dividends, as dividends are seen as more critical to investors [4][7]. - BP and TotalEnergies have announced plans to reduce shareholder returns, reflecting a necessary adjustment to the current market conditions [4][5]. - The potential for crude prices to fall into the $50 range next year, coupled with rising global inventories, is prompting oil companies to consider cost reductions and capital spending cuts [5][6]. Group 3: Market Outlook - Despite concerns, the current state of Big Oil is not as dire as initially expected, with oil prices remaining relatively resilient in the $65 to $70 per barrel range for a period [11][12]. - Recent trading data shows Brent crude futures at $64.97 per barrel and West Texas Intermediate futures at $61.24, indicating a slight decline [12]. - The upcoming earnings reports from major companies like TotalEnergies, Shell, Exxon Mobil, Chevron, and BP will be crucial in assessing the impact of the weaker commodity price environment on shareholder distributions [13][14].

Key Takeaways BP brings the Murlach field online in the UK North Sea, its sixth major project of the year.The field is expected to peak at 15,000 boe/d, supporting BP's ETAP hub in the central North Sea.The Murlach startup underscores BP's renewed focus on traditional oil and gas production.BP plc (BP) , the British oil and gas giant, announced that its Murlach field, located in the UK North Sea, has been safely brought online. This marks the British energy giant’s sixth major upstream project of the year. ...

来源：滚动播报 Applied Digital涨25.9%，AI算力需求井喷，Q1营收增长84%。牛仔服装制造商李维斯跌10.4%，Q4盈利 指引低于预期。高通跌1.2%，涉嫌违反反垄断法。Venture Global跌19.3%，在BP液化天然气仲裁案中败 诉。 ...

The British oil major is seeking damages of more than $1 billion, as well as interest, costs and attorneys' fees. ...

Venture Global美股盘前跌超16%。此前，公司在英国石油公司（BP）液化天然气仲裁案中败诉。 (本文来自第一财经) ...

格隆汇10月10日｜Venture Global美股盘前跌超18%。此前，公司在英国石油公司（BP）液化天然气仲 裁案中败诉。 ...

Venture Global shares slumped 17% in premarket trading on Friday after BP won its arbitration case against the U.S. supplier over its failure to deliver liquefied natural gas under a long-term supply ... ...