Venture Global, U.S. Monthly Oil Production Record: Your Daily Energy News

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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

PRODUCTION
U.S. April Oil Production Sets Monthly Record - U.S. crude oil output in April rose to a new monthly record, surpassing 12 million barrels per day (BBL/d), according to a government report on Friday. The United States produced 12.16 million BBL/d of crude in the month, up 246,000 BBL/d from a month earlier, the U.S. Energy Information Administration said in a monthly report. (Reuters)

U.S. Oil Rig Count Increases - The number of rigs drilling for oil in the U.S. rose by four for the week ending June 28, to 793. (Market Watch)

LNG
Venture Global Raises More Funds for LNG Projects - Venture Global LNG has raised another $675 million of additional capital for its trio of proposed liquefied natural gas (LNG) projects on the Gulf Coast, bringing its total committed capital to $2.8 billion, the company announced. The latest round of capital funding from institutional investors will be used primarily for the further development of the company's Plaquemines LNG export project in Plaquemines Parish, Louisiana, Venture Global said. (Projects 300229540, 300229543) (Houston Chronicle)

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About Industrial Info
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