Cheniere Energy to boost board size after inking $250M loan

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A unit of Cheniere Energy Inc. has secured a $250 million convertible loan through funds led by GSO Capital Partners LP. Proceeds from the private equity loan, through its Cheniere Common Units Holding LLC subsidiary, will be used to repay a $95 million bridge loan obtained in May and to fund a reserve account for payments [...] Read Full Story
Platina Energy Group Strikes Oil Again in Kentucky

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Platina Energy Group, Inc. (OTC BB:PLTG.OB - News) (Frankfurt:O5Y.F - News) reports the seventh successful new well activity on its Kentucky Field. Platina has maintained a remarkable record for productive oil and natural gas wells in Kentucky beyond its initial expectations. The Company continues to develop this field with diligence and will be adding additional production [...] Read Full Story
Platina Energy Group Strikes Oil Again in Kentucky

Pending
Written on - Not yet published to a wikizine
Platina Energy Group, Inc. (OTC BB:PLTG.OB - News) (Frankfurt:O5Y.F - News) reports the seventh successful new well activity on its Kentucky Field. Platina has maintained a remarkable record for productive oil and natural gas wells in Kentucky beyond its initial expectations. The Company continues to develop this field with diligence and will be adding additional production [...] Read Full Story
Platina Energy Group Strikes Oil Again in Kentucky

Pending
Written on - Not yet published to a wikizine
Platina Energy Group, Inc. (OTC BB:PLTG.OB - News) (Frankfurt:O5Y.F - News) reports the seventh successful new well activity on its Kentucky Field. Platina has maintained a remarkable record for productive oil and natural gas wells in Kentucky beyond its initial expectations. The Company continues to develop this field with diligence and will be adding additional production [...] Read Full Story
Platina Energy Group Strikes Oil Again in Kentucky

Pending
Written on - Not yet published to a wikizine
Platina Energy Group, Inc. (OTC BB:PLTG.OB - News) (Frankfurt:O5Y.F - News) reports the seventh successful new well activity on its Kentucky Field. Platina has maintained a remarkable record for productive oil and natural gas wells in Kentucky beyond its initial expectations. The Company continues to develop this field with diligence and will be adding additional production [...] Read Full Story
Venezuela to ask OPEC to reduce oil production
Written on - Published to OPEC
Venezuela will propose oil output cuts at the September meeting of the Organization of Petroleum Exporting Countries (OPEC) in case oil prices continue decreasing, Energy and Oil Minister Rafael Ramirez said Tuesday. “The prices must be kept at a level near 100 U.S. dollars (per barrel), because the cost has risen,” Ramirez said in a press [...] Read Full Story
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Venezuela to ask OPEC to reduce oil production
Written on - Published to OPEC
Venezuela will propose oil output cuts at the September meeting of the Organization of Petroleum Exporting Countries (OPEC) in case oil prices continue decreasing, Energy and Oil Minister Rafael Ramirez said Tuesday. “The prices must be kept at a level near 100 U.S. dollars (per barrel), because the cost has risen,” Ramirez said in a press [...] Read Full Story
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Offshore Texas Oil Port to Cost $2 Billion

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Refinery expansion along the Texas Gulf Coast has pushed U.S. and German oil companies to build a $2 billion offshore oil port, the companies say. Enterprise Products Partners and TEPPCO Partners have teamed up with Oiltanking Holdings Americas, slated for construction 36 miles off the coast of Freeport, Texas, the Houston Chronicle reported Monday. The floating port [...] Read Full Story
Richmont Mines to Start Drilling at the Golden Wonder Project

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a gold exploration, development and production company with operations in North America, today announced that it has completed the portal rehabilitation work at the Golden Wonder Project, located near Lake City, Colorado, and is proceeding with exploration efforts to identify new mineralized zones. The drilling contractor has mobilized its equipment and anticipates that this drilling [...] Read Full Story
Drilling for dollars Roan revenues could help higher ed without the need for a tax hike

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The drumbeat is building for a big boost in funding for higher education in Colorado. But picking the taxpayers’ pockets needn’t be the first resort, and might not be required, if Coloradans are willing to make trade-offs. What kind of trade-offs? We’re glad you asked. Regular readers by now know that a fight is raging over [...] Read Full Story

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