Shell’s Stock Tumbles 1.09% on $230M Volume (Rank 434) After Landmark LNG Arbitration Loss

– Shell shares fell 1.09% on August 15 amid a $230M trading volume after losing a $6.7B-$7.4B LNG contract arbitration case against Venture Global.

– The ICC ruling favored Venture Global for alleged breach of long-term supply agreements by selling LNG on spot markets during high prices post-Ukraine invasion.

– The decision sparks industry debates over balancing operational flexibility with contractual trust, potentially forcing energy firms to renegotiate LNG contract terms.

– Shell emphasized concerns about precedents for its LNG growth strategy, highlighting supply chain risks amid volatile markets and ongoing legal challenges.