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Prairie Operating Co. Reaffirms $1 Billion Reserve Based Lending Facility with Citibank, N.A. Adds Bank of America, N.A. and West Texas National Bank to Syndicate

Oil & Gas 360º

(Oil & Gas 360) – HOUSTON, TX, June 09, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. billion, and a maturity date of March 26, 2029. This facility enhances our financial flexibility and supports our ongoing development activity and pursuit of accretive growth opportunities in the DJ Basin.” its lead arranger.

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Woodside, bp sign gas supply agreement for Louisiana LNG

Oil & Gas 360º

(World Oil) – Woodside has signed an agreement with bp for the integrated energy major to supply natural gas to the Louisiana LNG project. Securing this gas supply agreement is an important step for the project. GasCo will be responsible for implementing the gas sourcing strategy to support the Louisiana LNG project.

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Intensity Infrastructure, Rainbow Energy to Build New Gas Pipeline in ND

Rigzone

Image by Denis Shevchuk via iStock Intensity Infrastructure Partners LLC has partnered with power producer Rainbow Energy Center LLC to construct a new pipeline to bring Bakken gas to eastern North Dakota. is planned to transport up to 760,000 Dthd of gas. Preliminary gas production in April was around 104.14 billion cubic feet.

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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

this year, actively pursuing international partnerships following a revision of its Hydrocarbons Law in 2029. These efforts reflect a broader trend across the continent, where NOCs are leaning on foreign partnerships to advance oil and gas production. Algerias Sonatrach will increase hydrocarbon production by 2.5%

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Woodside approves $17.5 billion Louisiana LNG development

Oil & Gas 360º

Woodside is targeting first LNG in 2029. The project benefits from access to abundant low-cost gas resources in the United States and boasts an asset lifespan of more than 40 years. It also has access to well-established interstate and intrastate gas supply networks. million tonne per annum (MMtpa) Louisiana LNG development.

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Shell Expands Investment in Brazil’s Pre-Salt with Gato do Mato Project

Egypt Oil & Gas

(Shell Brasil), a subsidiary of Shell plc, announced that it has taken the Final Investment Decision (FID) for Gato do Mato, a deep-water project in the pre-salt area of the Santos Basin, offshore Brazil. The consortium anticipates that the Gato do Mato field will commence operations in 2029.

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From Wellhead to Server Rack: How Oil & Gas Operators Are Powering the AI Era

Oil Gas Leads

As AI-driven data centers rapidly proliferate, the oil and gas industry is seizing a new opportunitynot just as energy suppliers, but as key enablers of power-hungry digital infrastructure. The Permian Basin may soon become ground zero for the convergence of hydrocarbons and high-performance computing.