The biggest oil producer in the UAE agreed to supply liquefied natural gas to Indian Oil for 15 years as it lines up more binding contracts for a new export terminal https://t.co/9OC1nQQNCj ...

ConocoPhillips is increasing its bet on the future of US liquefied natural gas through an agreement to nearly double the amount of fuel it will buy from an export plant Sempra is expanding in Texas https://t.co/oQMlGX471a ...

Several liquefied natural gas tankers are heading to Asia from a Russian export facility sanctioned by the US, potentially testing Washington’s resolve to crack down on the trade amid high-level talks over the war in Ukraine https://t.co/QYgG3NGe1M ...

A fourth sanctioned liquefied natural gas tanker has arrived near Russia’s Arctic export plant that's also subject to the US restrictions https://t.co/9YBEq3NJ6V ...

CKI has emerged as the lead bidder for a UK liquefied natural gas terminal valued at about £2 billion https://t.co/xrJOFVSaTA ...

Supply Dynamics - Global liquefied natural gas supply is projected to experience its largest surge since 2019 next year [1] - The primary driver of this surge is attributed to increased production in North America [1] Industry Outlook - The International Energy Agency (IEA) provided the information regarding the expected surge in LNG supply [1]

Puerto Rico idled temporary power plants after New Fortress Energy scrapped a liquefied natural gas shipment to the US territory, threatening to strain the grid at the height of summer demand https://t.co/ZVNgeo2MrJ ...

All of the staff have departed from WaveCrest Energy, a Macquarie-backed company near Houston launched to develop liquefied natural gas import projects abroad https://t.co/Iw3sbYQ5ec ...

Core Viewpoint - Venture Global, Inc. is facing a class action securities lawsuit due to alleged securities fraud related to its initial public offering (IPO) and subsequent customer contract issues [1][2][3]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who purchased shares during the IPO on January 24, 2025, which sold 70 million shares at $24.00 each [2][3]. - TotalEnergies, a potential long-term customer, rejected a supply contract with Venture, citing a lack of trust, which raises concerns about Venture's credibility and ability to secure contracts [3]. - Venture is also facing legal challenges from major clients like BP and Shell due to delays in supply contracts, which could impact its LNG delivery capabilities and project developments [3]. Group 2: Next Steps for Investors - Investors who suffered losses during the relevant period have until April 18, 2025, to request to be appointed as lead plaintiff in the lawsuit [4]. - Participation in the lawsuit does not require any out-of-pocket costs for class members, and they may be entitled to compensation [4]. Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [5]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [5].