Venture Global Sinks After Losing to BP in Fight Over LNG Sales

(Bloomberg) -- Share of Venture Global Inc. plunged the most in seven months after the US liquefied natural gas exporter lost a dispute over the sale of cargoes with one of its key customers, BP Plc.The stock fell as much as 23%, the most since March, on Friday following a ruling by an arbitration tribunal that Venture Global breached its contract with BP by selling LNG on the spot market from a Louisiana facility rather than to customers that held long-term agreements. BP is seeking more than $1 billion in ...