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Top Rigzone News

European Union · BrownsvilleU.S. LNG developer NextDecade Corporation has decided to invest $6.7 billion in the expansion of its Rio Grande LNG facility in Texas in another boost to America’s LNG export capacity in the coming years. NextDecade has just announced a positive final investment decision (FID) on Train 5 at Rio Grande LNG, closed financial transactions to fully fund Train 5 and related infrastructure, and issued full notice to proceed to Bechtel Energy for Trai…See the Story
NextDecade Approves $6.7 Billion Expansion of Rio Grande LNG
75% Right coverage: 4 sources

Oil and Gas Sector · United StatesCrude oil inventories in the United States increased by 3.5 million barrels during the week ending October 10, after gaining 3.7 million barrels in the week prior, according to new data from the U.S. Energy Information Administration (EIA) released on Thursday. The increase brings commercial stockpiles to 423.8 million barrels according to government data, which is still 4% below the five-year average for this time of year. The EIA’s data releas…See the Story
EIA Confirms US Crude Oil Inventories Are Rising
100% Center coverage: 1 sources