Sunday, August 3, 2025
Firms cancel $8 billion in renewables investment on Trump policies- oil and gas 360

Firms cancel $8 billion in renewables investment on Trump policies

(Oil Price) – Rising market and policy uncertainties forced companies to cancel $8 billion in investments in U.S. clean energy projects in the first quarter of the year. In a dramatic surge in cancellations of projects amid the chilling effects of the Trump Administration’s trade policy and attempts to repeal part of the green energy incentives, companies have withdrawn $7.9 billion

Top oil executives reckon with downturn even as Trump cheers them on- oil and gas 360

Top oil executives reckon with downturn even as Trump cheers them on

(Investing) – HOUSTON -The world’s energy industry leaders meet in Houston next week as plummeting oil prices push Big Oil to slash thousands of jobs even as a pro-fossil fuel U.S. administration encourages them to pump more. U.S. President Donald Trump’s first 47 days in office have been marked by a rapid overhaul of government and policy, including mass layoffs and