Exclusive: U.S. plans to lease space to energy companies to store oil in emergency reserve

The Energy Department initiated a plan to lease space as a way to help companies suffering from the oil price plunge and after Congress failed to fund another plan to purchase oil for the facility......»»

The Trump administration plans to l.....»»

The U.S. energy industry has asked the Federal Reserve to change the terms of a $600 billion lending facility so that oil and gas companies can use the funds to repay their ballooning debts, according to a letter seen by Reuters......»»

A bipartisan group of U.S. lawmakers introduced a bill on Tuesday providing $3 billion to buy oil for the national emergency reserve as a way to help energy companies hit by the plunge in crude prices......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Baltimore's most famous cookie. One of the nation's longest-running African-American newspapers. Your local grocery store and deli. The companies you call when you're ready to sell your house or lease space for your company. Greater Baltimore's fam.....»»

Despite a massive round of layoffs and selling many of its noncore assets, New York City-based WeWork Companies Inc. still plans to enter San Antonio with a coworking space downtown. WeWork finalized its lease on the Grant Building's top two floors and .....»»

The developer has lured some big companies, including Toyota and J.P. Morgan Chase, to other similar projects......»»

Safeway plans to open a 50,000-square-foot store next year in a former Sports Authority space in the Waikele Center, according to landlord American Assets Trust Inc. Safeway Inc. signed a 20-year lease with American Asset Trust (NYSE: AAT) with o.....»»

The company plans to move further into the business-to-business space, helping companies train new and existing employees......»»

In an email to Apple leadership, Epic Games CEO Tim Sweeney laid out plans to intentionally violate Apple's App Store terms of service. Apple CEO Tim Cook in Austin, Texas, on November 20, 2019. MANDEL NGAN/AFP via Getty Images The upcomi.....»»

Liberty-based B&B Theatres revealed a few details of its plans for the former Alamo Drafthouse space in downtown Kansas City......»»

Members of the community pushed back against the idea of having a school on the site, which is home to San Jose's REI store......»»

A handful of companies are ready to shed excess office space while others have new headquarters underway. Here’s a look at what some of the state's largest employers are planning......»»

SPACs are entering the space race. Two blank-check companies, formally known as special-purpose acquisition companies, or SPACs, announced mergers Monday with space-focused startups. Each deal involved a local company. Spire Global Inc.., a San Fra.....»»

Shares of Lowe's Companies rose 0.7% in premarket trading Wednesday, after the home improvement retailer reported fiscal fourth-quarter p.....»»

The developer of advanced battery technology said it hasn't yet found a location but expects to lease 200,000 square feet of space for one in the second half of the year......»»

Some of the companies responsible for downtown’s biggest office deals in recent memory themselves are seeking tenants to lease out space that they don’t currently need......»»

The company plans to occupy the office space beginning Jan. 1, ahead of when work will begin on its massive north Phoenix factory......»»

When a company leases new office space, it likely needs to make some changes, additions or renovations to it to fit its needs. That's why it ought to try to negotiate for a tenant improvement allowance with a landlord before signing a lease......»»