SHEL loses a key arbitration against Venture Global over LNG supply disputes, raising concerns about trust in long-term energy contracts.

Venture Global has emerged victorious in an arbitration case against energy giant Shell concerning allegations of non-delivery of liquefied natural gas (LNG) under long-term contracts starting in 2023,

Venture Global (NYSE:VG) +4.9% post-market Tuesday after it said an arbitration tribunal ruled in its favor in its legal battle against Shell (NYSE:SHEL) in a dispute over its failure to deliver liquefied natural gas under long-term contracts starting in 2023.