ChemOne Seeks $600MM Private Loan for Chemical Plant
The deal reflects the growing global trend of using private credit for project financing.
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Oil Ends Third Straight Weekly Loss
Optimism over Trump's talks with China and Putin briefly steadied sentiment amid bearish fundamentals.
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Colombia Warms to Fossil Fuels
Colombia is poised for an about face.
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EIA Raises USA Total Energy Consumption Forecasts
In its latest short term energy outlook, the EIA raised its U.S. total energy consumption forecast for 2025 and 2026.
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Perenco CEO Looks to Enter New Countries
Perenco SA, owned by the billionaire Perrodo family, is looking for opportunities to enter into new countries.
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NextDecade Approves Rio Grande LNG Train 5
'Train 5 has expected LNG production capacity of approximately six MTPA, bringing the total expected LNG production capacity under construction at Rio Grande LNG to approximately 30 MTPA'.
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USA Crude Oil Stocks Rise Week on Week
Crude oil stocks, not including the SPR, stood at 423.8 million barrels on October 10, the EIA's latest weekly petroleum status report showed.
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BofA Sees Oil Price Floor 'Likely Forming at $55'
A BofA Global Research report sent to Rigzone recently noted that BofA sees 'a[n] [oil price] floor likely forming at $55 per barrel'.
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Sanctioned China Port Receives Russian LNG
A shipment of Russian LNG arrived at a Chinese terminal for the first time since the UK sanctioned the port facility, underscoring Beijing's appetite for Moscow's energy supplies despite Western efforts to curb such trade.
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Equinor Starts Production in Bacalhau offshore Brazil
Equinor and its partners launched production in Bacalhau in Brazil's offshore Santos basin, which the Norwegian majority state-owned energy major said is the biggest field it has developed overseas.