# Trump administration finalizes $480 million loan to Arena Energy

https://mins.news/en/item/138086

- Reuters, 2026-11-10 22:40 UTC
- Economy
- Original: https://www.reuters.com/business/energy/trump-admin-pouring-480-million-loan-into-gulf-mexico-oil-gas-project-fox-2026-11-10/?link_source=ta_bluesky_link&taid=6af39d4aabc03400017ca373

> The Trump administration finalized a $480 million loan to private Texas-based Arena Energy to help increase oil and natural gas production in the Gulf of Mexico, the Department of Energy said Tuesday. It is the first aid of its kind.