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0 0 -0.000526870389883984 -0.000526870389883984 -0.000526870389883984 0.0014989462592202 0.000790305584826163 0.00105374077976815
Stock impact report

Federal regulators sign off Venture Global's repairs at Louisiana plant [Reuters]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Reuters
to correct faults at the (HRSG) at its Calcasieu Pass LNG export plant in Louisiana and expects the work to be completed in the timeline promised by the exporter. Venture Global, the fourth-largest U.S. LNG exporter, has been at the center of a dispute with several of the world's largest energy companies including Shell PLC , BP PLC , Repsol S.A. , Galp Energia , Edison SpA and Orlen SA for failing to deliver their cargoes, two years after it first started producing liquefied natural gas (LNG). The majors have taken Venture Global to arbitration and have even asked the Federal Energy Regulatory Commission (FERC) to to extend the commissioning period to 2025 or alternatively allow the majors access to confidential information on the commissioning so they can judge if Venture Global has been prolonging the process for its own financial gain. The company has said the HRSGs at Calcasieu were part of the problem that has delayed commercial operation of the plant. FERC staff said in Show less Read more
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