Trump Administration Finalizes $480 Million Loan to Arena Energy
The Department of Energy said the loan will help boost oil and natural gas production in the Gulf of Mexico. It is the department’s first closed loan supporting domestic oil and gas production.
The Trump administration closed a $480 million loan to private energy company Arena Energy to help boost oil and natural gas production in the Gulf of Mexico, the Department of Energy said on Tuesday.It was the energy department's first closed loan supporting domestic oil and natural gas production…