BP has won its arbitration case against U.S. liquefied natural gas (LNG) supplier Venture Global, after the company failed to deliver LNG under a long-term contract that was supposed to begin in late ...

Arbitration resolves these disputes without going to court. In arbitration, both parties agree to have a neutral third party.

Venture Global shares plunged about 20% on Friday after the U.S. LNG exporter lost an arbitration with BP BP.L over failure to deliver on a long-term gas supply contract, stoking worries of similar ...

BP has won its arbitration case against Venture Global over the U.S. supplier's failure to deliver liquefied natural gas under a long-term contract that was due to start in late 2022, Venture Global ...

Zamalek officials have pledged to pay Moroccan defender Mahmoud Bentayg his outstanding wages next week, in a bid to prevent him from terminating his ...

The Rajasthan High Court, Jaipur Bench, has held that the limitation for filing a Section 11 application under the A&C Act would be calculated from the date of serving the Section 21 notice to the ...

Shares of Venture Global ( NYSE: VG) tanked in post-trading on Thursday as the company potentially faces multibillion-dollar damages over disputed LNG shipments after a loss in a landmark BP ( NYSE: ...

BP PLC (NYSE:BP) has emerged victorious in its arbitration case against Venture Global LNG, after the U.S. supplier failed to deliver contracted volumes of liquefied natural gas (LNG) under a ...

UK oil major BP has triumphed in a potentially very costly dispute over US producer Venture Global's failure to deliver agreed numbers of LNG cargoes. The long-term contract was due to start in late ...

According to a filing, the International Court of Arbitration ruled on October 8 that Venture Global breached its contract with BP Gas Marketing, failing to declare the project's commercial operation ...

The arbitration tribunal found Venture Global failed to declare the Calcasieu Pass LNG plant's commercial operation date in a timely manner. bp is seeking over $1 billion in ...

The Gujarat High Court on Tuesday (October 7) dismissed a Section 37 appeal under Arbitration and Conciliation Act filed by Vadodara Municipal Corporation concerning a construction contract dispute, ...