Tuesday, September 1, 2026
NextDecade secures $3 billion funding from TotalEnergies, GIP for Rio Grande LNG project- oil and gas 360

NextDecade secures $3 billion funding from TotalEnergies, GIP for Rio Grande LNG project

(BOE Report)– 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 joint venture, while a

US regulators issue preliminary environmental support for Rio Grande LNG- oil and gas 360

US regulators issue preliminary environmental support for Rio Grande LNG

(BOE Report) – The Federal Energy Regulatory Commission issued a preliminary decision on Friday supporting environmental approval for NextDecade’s Rio Grande LNG project in southern Texas. In August, a Washington, D.C. Circuit court quashed the regulator’s approval for the plant at the Port of Brownsville, Texas, saying it failed to issue a supplemental Environmental Impact Statement on how communities will