Venture Global shares jump as court rejects Shell's challenge to LNG ruling
Published on March 3, 2026.
The state Supreme Court has rejected a challenge by Shell and Venture Global, ruling that they profited from selling LNG on the spot market when prices surged following Russia's invasion of Ukraine. The court ruled that no additional evidence was required and that the court owed substantial deference to arbitral decisions. Shares of Venture Global rose to $13.27 before the closing of the day, on the heels of the Shell case against BP.
Related Articles
Fed's Williams says rate cuts still possible, does not address Iran war
John C. Williams, Federal Reserve CEO, indicated interest rate cuts may continue despite rising inflation and the Iran war's impact on global markets.
What next for global markets as oil surges and stocks plunge on Middle East conflict
Global markets experienced a sharp sell-off as the U.S.Iran war escalates, with oil prices soaring and global economic uncertainty increasing risk.
Community Bancorp. Rings the Closing Bell
Community National Bank celebrates its 175th anniversary with a special performance, including a 10-minute walk down the hill from its headquarters.