The British oil major is seeking damages of more than $1 billion, as well as interest, costs and attorneys’ fees.
Venture Global shares plunged nearly 25% on Friday to their lowest level in five months after it lost an arbitration case ...
HOUSTON (Reuters) -BP has won its arbitration case against Venture Global over the U.S. supplier's failure to deliver ...
Venture Global shares plunged nearly 25 per cent on Friday following its loss in an arbitration case against BP, which ...
BP has won an arbitration case against U.S. LNG exporter Venture Global, which was accused of breaching long-term supply ...
Liquefied natural gas ( LNG) exporter Venture Global ( VG -24.88%) was having an awful Friday on the stock market following a ...
BP wins arbitration against Venture Global over missed LNG deliveries; ICC tribunal finds VG breached contract, seeking $1B in damages.
The award found that Venture Global had breached its obligations to declare a commercial operation date at its Calcasieu Pass facility in Louisiana in a timely manner and act as a "reasonable and ...
UK oil major BP has triumphed in a potentially very costly dispute over US producer Venture Global's failure to deliver ...
Venture Global shares slumped 17% in premarket trading on Friday after BP won its arbitration case against the U.S. supplier ...
The award found that Venture Global had breached its obligations to declare a commercial operation date at its Calcasieu Pass liquefied natural gas facility in Louisiana in a timely manner and act as ...
Though an ICC panel sided with Venture Global in August, the tribunal in the BP case found that Calcasieu Pass “breached its obligations” by failing to reach its commercial operations date (COD) in a ...