NextDecade Secures $3B for Rio Grande LNG Train 4
TotalEnergies and Global Infrastructure Partners agreed to take equity interests in Rio Grande LNG to fund the development of NextDecade’s new expansion phase.
NextDecade Secures $3 Billion Funding From TotalEnergies, GIP for Rio Grande LNG Project
U.S. liquefied natural gas developer NextDecade said on Monday it will receive up to $3 billion in equity commitments from TotalEnergies and Global Infrastructure Partners (GIP) to finance the fourth liquefaction train at its Rio Grande LNG export project in Texas. TotalEnergies will contribute about $300 million for a 10% stake in the Train 4 …
NextDecade Secures $3 Billion Funding From TotalEnergies, GIP for Rio Grande LNG Project Read More »
What’s Affecting Oil Prices This Week? (Aug. 11, 2025)
For the upcoming week, Stratas Advisors expect that crude prices will be under further pressure, and the price of Brent crude could break below $63.
Amigo LNG JV Awards EPC Contract at Guaymas LNG Terminal
Amigo LNG awarded COMSA Marine an EPC contract to build docks for LNG exports from Mexico’s West Coast.
The Crude Oil Market Bets Trump’s India Threats are Hollow: Russell
The crude oil market’s rather sanguine reaction to the U.S. threats to India over its continued purchases of Russian oil is effectively a bet that very little will actually happen. President Donald Trump cited India’s imports of Russian crude when imposing an additional 25% tariff on imports from India on August 6, which is due …
The Crude Oil Market Bets Trump’s India Threats are Hollow: Russell Read More »
Malaysia’s Petronas to Boost International Portfolio to 60% Over Next Decade
Malaysia’s state energy firm Petronas plans to raise the share of its international portfolio to 60% of its total business over the next decade, it said on Monday. The firm will build on its current international portfolio, which now accounts for around 40% to 50% of its investments, by integrating its domestic expertise with global …
Malaysia’s Petronas to Boost International Portfolio to 60% Over Next Decade Read More »
Denmark’s Orsted Seeks $9.4 billion as US wind Market Falters
Denmark’s Orsted seeks $9.4 billion as US wind market falters Summary Shares drop almost 30% after rights issue announcement Says cash will provide financial robustness in 2025-2027 Discontinues US project sale Danish state to maintain majority stake in Orsted Morgan Stanley to underwrite any unsubscribed shares COPENHAGEN, Aug 11 (Reuters) – Denmark’s Orsted on Monday asked …
Denmark’s Orsted Seeks $9.4 billion as US wind Market Falters Read More »
Trump’s Attack on Wind, Solar Cuts Deeper Than Industry Expected
The Trump administration has instituted permitting reviews and imposed standards that threaten US wind and solar developments, and has rescinded Biden-era decisions earmarking coastal waters for future wind turbines. The actions have contributed to the cancellation or delay of more than $22 billion worth of clean energy projects since January and the loss of thousands …
Trump’s Attack on Wind, Solar Cuts Deeper Than Industry Expected Read More »
Vance Says Ukraine Peace Deal Unlikely to Satisfy Either Side
U.S. Vice President JD Vance said a negotiated settlement between Russia and Ukraine is unlikely to satisfy either side, and any peace deal will likely leave both Moscow and Kyiv “unhappy.” He said the U.S. is aiming for a settlement both countries can accept. “It’s not going to make anybody super happy. Both the Russians …
Vance Says Ukraine Peace Deal Unlikely to Satisfy Either Side Read More »
Competing Bid Received in US Auction of Shares in Citgo’s Parent
(Reuters) – A U.S. federal court auctioning shares in the parent of Venezuela-owned U.S. refiner Citgo Petroleum to pay creditors for expropriations and debt defaults has received a competing bid, an officer overseeing the process said in a filing. A $7.4 billion bid by a group led by a subsidiary of Canadian miner Gold Reserve was recommended last month as winner …
Competing Bid Received in US Auction of Shares in Citgo’s Parent Read More »