Three companies developing liquefied natural gas (LNG) projects in Texas and Louisiana said they will move full speed ahead with their plans after U.S. President Donald Trump lifted the previous administration's freeze on export permits.

U.S. natural gas futures finished lower Tuesday as traders looked past the current cold temperatures across much of the U.S. to forecasts for a warmup in early February. "Longer term temperature forecasts are warming substantially,

Venture Global LNG on Wednesday slashed the valuation it sought from a U.S. initial public offering to $65.33 billion, significantly lower than the initial target of $110 billion. The revision by the second-largest exporter of liquefied natural gas in the United States follows days of marketing to potential investors,

Venture Global is now seeking a more reasonable valuation of about $65 billion, versus earlier plans for about $110 billion.

The company plans to increase its share offering from 50 million to up to 62 million in its potential New York flotation.