Trending News: Iraq, UAE, Saudi Arabia All Set for Major Oil Output Surge in 2027US LNG Exports Fall in May on Maintenance, Asia’s Take RisesChevron Applies for Argentina Tax Break Program With $13.8 Billion Investment PlanUS Regulator Grants Waiver for Three Mile Island RestartUS Plans Energy Investments in Azerbaijan, Says $8 Billion in Deals SignedVenezuela Wants Oil Firms to Supply Their Own Power for ProjectsNIMBY Pushback to Data Centers a Boon for Bloom Energy, CEO SaysUS Natural Gas Futures Dip on Lower Flows to LNG Export PlantsUS States Sue Trump Administration and TotalEnergies Over Offshore Wind CancellationChina Solar Makers Launch Space Energy Development AllianceHSBC Flags a Super-Squeeze In the Oil MarketIEA: Global Oil Stocks on Track for Historical Lows Ahead of Summer PeakJP Morgan Sees Increasing Monthly Oil Demand LossesMHI advances tech that could boost biogas production by 40%Plug sells $39.2m tax credits from Louisiana hydrogen liquification siteCentral Welding Supply acquires Washington gas equipment servicing company$90 Oil Could Lift India’s Inflation to 4.8% and Slow GDP GrowthOil Pulls Back as Trump Claims Lebanon Ceasefire Deal Is Within ReachVenezuela Oil Exports Hit 7-Year HighPure DC claims European first cross-border biomethane purchase for data centreOCI to divest 50% of nitrogen business to Agrofert for €55mUK researchers file patent for lower-temp thermochemical hydrogen catalystTop Stories Of The Day: ACME Solar Launches QIP at ₹294.13 Floor Price; Avaada Secures USD 950 Million for RE Projects and More…Mr. Harikrishnan K.R Honoured as Visionary Leader of the Year Kerala Energy Excellence Awards 2026Oil Falls More Than 1% After Trump Says Talks with Iran OngoingAnalyst Flags Conflicting USA-Iran War StatementsEntergy Texas Strengthens Energy Grid Ahead Of Hurricane Season With Major Resilience InvestmentsGoldman Sachs Sees Strong Refining Profits Through 2026 Amid Fuel Supply CrunchStrike Action at Major Australian LNG Facility Raises Supply ConcernsChina’s LNG Imports Recover Ahead of Peak Cooling SeasonUK commits to 87% reduction in climate emissions by 2040Nearly 12GW of German electrolysis remains in planning as hydrogen mandates emergeIberdrola Secures Eight Projects In EU Industrial Heat Auction To Advance Clean Energy TransitionAlight and Lear Surpass 6 MW of Solar Capacity in EuropeEBRD Annual Meeting In Riga To Spotlight Energy Transition, Innovation, And Economic ResilienceShell expects year-long outage at damaged Qatar LNG trainSaudi Arabia Overtakes UAE To Become GCC’s Renewable Energy LeaderClimeworks signs carbon credit deal with Canadian financial services firmVideo | Environmental pressure driving change in semiconductorsFluor JV can proceed with phase 2 expansion at LNG CanadaGreen hydrogen imports must not crowd out German electrolysis, DWV saysTop 5 factors affecting Strait of Hormuz reopeningRystad: U.S.-Iran Re-Escalation Could Drive Oil To $180 By AugustBP Starts Production at Trillion-Cubic-Foot Gas Prize In AzerbaijanTurkey Looks to Create Azerbaijan-Europe Electricity CorridorLNG Deliveries to China Rebound in MayPrinceton Endowment Backs Out of Oil and Gas Divestment PledgeUS Crude Refiners Are Pushing Run Rates to Maximum LevelsFuel transfer work begins at Fukushima Daiichi unit 2Milestones reached at Xudabao construction siteNew York issues solicitations for nuclear new-buildUK to cooperate with Singapore on nuclear regulationUS Crude Exports Hit Record High in May as Iran War Tightens Global Oil SuppliesNorway Strike Could Hit 600 Offshore Workers as Wage Talks CollapsePakistan Inflation Accelerates to 11.7% on Oil and Gas Import ShockGoldman Sachs Flags Demand Weakness as Key Risk to Oil Price OutlookUS Says it Struck Iranian Military Sites, Tehran Responds with Air Base AttackWeatherford to Acquire Oilfield Tech Firm NCS MultistageIran is Stopping Message Exchanges With U.S., May Block Hormuz, Tasnim News Agency SaysMANUFACTURED BACKLASH: How Big Green Astroturf Is Sabotaging North America’s AI Future – Tammy Nemeth & David BlackmonOil Surges Over 7% as Iran Halts U.S. Talks and Threatens Total Hormuz ClosureBP Sells 5% Stake in Australia’s Newest $35 Billion LNG ProjectRussia Bans Jet Fuel Exports as Ukrainian Attacks Cripple RefiningAir Liquide launches Kazakhstan business to support Central Asia expansionCleaner F-gas options gain ground, but chips still depend on themH2 Mobility cuts green hydrogen prices 10% at five sites after quota credit salesHoneywell to create tech and aerospace firms from spin offTessalia plans €250m advanced semiconductor packaging site in FranceRecord-Low U.S. Shale Well Backlog Curbs Fast Output Gains Amid Export SurgeOil Prices Rise as US, Iran Trade Strikes, Israel Moves Further Into LebanonDanish Shipyard Remains Key Lifeline for Russia’s Yamal LNG FleetIndia’s LNG Industry Pushes for Government Backing as Diesel Costs SurgeFrench Navy Seizes Russia-Linked Tanker in the AtlanticMaritime frameworks ‘splitting LNG shipping in two’Why Is the Oil Price Rising Today?Top Stories Of The Day: MNRE Moves RE Extensions Online; 14,000 Punjab Solar Projects at Risk and More…Environmental approvals conditionally greenlight Canadian LOHC projectUK Environment Agency supports Drax carbon capture permit approvalIEA Reports Record 108 GW Of Global Battery Storage Additions In 2025Harmonizer Energy Commissions AI-Driven Microgrid and BESS Project at Western Metal Industries Facility in PuneAboitizPower And JERA Strengthen Energy Workforce Development With GTCOE Training ProgramOil Prices Rise as Israel Expands Lebanon Offensive and U.S. Strikes IranGoldman Sachs Sees Oil Demand Destruction Offsetting Supply Shock RisksIndian Refiners Freeze Domestic Jet Fuel PricesEuropean Energy Secures Up To €228 Million To Expand Green Hydrogen Production In DenmarkENERTRAG Announces €1.1 Billion Investment Plan to Expand Renewable Energy and Storage Capacity in FranceLaos Begins Construction Of 9.5 MW Solar Power Project In Salavan ProvinceFresh Clashes as Iran, US Trade Truce TermsGet ready for “astronomical” specialty gases growth Get ready for “astronomical” specialty gases growth Greenply Expands Renewable Energy Usage at Vadodara Facility, Achieves Nearly 80% Clean Power ConsumptionIKO Completes First Commercial Solar Project In Seville, Ohio, At Blair Rubber FacilityAM Green looks to build 1 mtpa green ammonia plant at Indian portAM Green looks to build 1 mtpa green ammonia plant at Indian portVideo | Why semiconductor manufacturing needs real-time gas monitoringConditional financing approved for EemsEnergyTerminal extensionHydrogen Council CEO: Industry’s asks are the same, but the politics aren’tChevron CEO: Multiple Ships Attacked In Strait of HormuzKansas Fed Pres Warns Oil Price Shock Might Not Be TransitoryPhilippines Receives First Iranian Crude Cargo Since Hormuz Blockade
Wed. Jun 3rd, 2026
Trending News: Iraq, UAE, Saudi Arabia All Set for Major Oil Output Surge in 2027US LNG Exports Fall in May on Maintenance, Asia’s Take RisesChevron Applies for Argentina Tax Break Program With $13.8 Billion Investment PlanUS Regulator Grants Waiver for Three Mile Island RestartUS Plans Energy Investments in Azerbaijan, Says $8 Billion in Deals SignedVenezuela Wants Oil Firms to Supply Their Own Power for ProjectsNIMBY Pushback to Data Centers a Boon for Bloom Energy, CEO SaysUS Natural Gas Futures Dip on Lower Flows to LNG Export PlantsUS States Sue Trump Administration and TotalEnergies Over Offshore Wind CancellationChina Solar Makers Launch Space Energy Development AllianceHSBC Flags a Super-Squeeze In the Oil MarketIEA: Global Oil Stocks on Track for Historical Lows Ahead of Summer PeakJP Morgan Sees Increasing Monthly Oil Demand LossesMHI advances tech that could boost biogas production by 40%Plug sells $39.2m tax credits from Louisiana hydrogen liquification siteCentral Welding Supply acquires Washington gas equipment servicing company$90 Oil Could Lift India’s Inflation to 4.8% and Slow GDP GrowthOil Pulls Back as Trump Claims Lebanon Ceasefire Deal Is Within ReachVenezuela Oil Exports Hit 7-Year HighPure DC claims European first cross-border biomethane purchase for data centreOCI to divest 50% of nitrogen business to Agrofert for €55mUK researchers file patent for lower-temp thermochemical hydrogen catalystTop Stories Of The Day: ACME Solar Launches QIP at ₹294.13 Floor Price; Avaada Secures USD 950 Million for RE Projects and More…Mr. Harikrishnan K.R Honoured as Visionary Leader of the Year Kerala Energy Excellence Awards 2026Oil Falls More Than 1% After Trump Says Talks with Iran OngoingAnalyst Flags Conflicting USA-Iran War StatementsEntergy Texas Strengthens Energy Grid Ahead Of Hurricane Season With Major Resilience InvestmentsGoldman Sachs Sees Strong Refining Profits Through 2026 Amid Fuel Supply CrunchStrike Action at Major Australian LNG Facility Raises Supply ConcernsChina’s LNG Imports Recover Ahead of Peak Cooling SeasonUK commits to 87% reduction in climate emissions by 2040Nearly 12GW of German electrolysis remains in planning as hydrogen mandates emergeIberdrola Secures Eight Projects In EU Industrial Heat Auction To Advance Clean Energy TransitionAlight and Lear Surpass 6 MW of Solar Capacity in EuropeEBRD Annual Meeting In Riga To Spotlight Energy Transition, Innovation, And Economic ResilienceShell expects year-long outage at damaged Qatar LNG trainSaudi Arabia Overtakes UAE To Become GCC’s Renewable Energy LeaderClimeworks signs carbon credit deal with Canadian financial services firmVideo | Environmental pressure driving change in semiconductorsFluor JV can proceed with phase 2 expansion at LNG CanadaGreen hydrogen imports must not crowd out German electrolysis, DWV saysTop 5 factors affecting Strait of Hormuz reopeningRystad: U.S.-Iran Re-Escalation Could Drive Oil To $180 By AugustBP Starts Production at Trillion-Cubic-Foot Gas Prize In AzerbaijanTurkey Looks to Create Azerbaijan-Europe Electricity CorridorLNG Deliveries to China Rebound in MayPrinceton Endowment Backs Out of Oil and Gas Divestment PledgeUS Crude Refiners Are Pushing Run Rates to Maximum LevelsFuel transfer work begins at Fukushima Daiichi unit 2Milestones reached at Xudabao construction siteNew York issues solicitations for nuclear new-buildUK to cooperate with Singapore on nuclear regulationUS Crude Exports Hit Record High in May as Iran War Tightens Global Oil SuppliesNorway Strike Could Hit 600 Offshore Workers as Wage Talks CollapsePakistan Inflation Accelerates to 11.7% on Oil and Gas Import ShockGoldman Sachs Flags Demand Weakness as Key Risk to Oil Price OutlookUS Says it Struck Iranian Military Sites, Tehran Responds with Air Base AttackWeatherford to Acquire Oilfield Tech Firm NCS MultistageIran is Stopping Message Exchanges With U.S., May Block Hormuz, Tasnim News Agency SaysMANUFACTURED BACKLASH: How Big Green Astroturf Is Sabotaging North America’s AI Future – Tammy Nemeth & David BlackmonOil Surges Over 7% as Iran Halts U.S. Talks and Threatens Total Hormuz ClosureBP Sells 5% Stake in Australia’s Newest $35 Billion LNG ProjectRussia Bans Jet Fuel Exports as Ukrainian Attacks Cripple RefiningAir Liquide launches Kazakhstan business to support Central Asia expansionCleaner F-gas options gain ground, but chips still depend on themH2 Mobility cuts green hydrogen prices 10% at five sites after quota credit salesHoneywell to create tech and aerospace firms from spin offTessalia plans €250m advanced semiconductor packaging site in FranceRecord-Low U.S. Shale Well Backlog Curbs Fast Output Gains Amid Export SurgeOil Prices Rise as US, Iran Trade Strikes, Israel Moves Further Into LebanonDanish Shipyard Remains Key Lifeline for Russia’s Yamal LNG FleetIndia’s LNG Industry Pushes for Government Backing as Diesel Costs SurgeFrench Navy Seizes Russia-Linked Tanker in the AtlanticMaritime frameworks ‘splitting LNG shipping in two’Why Is the Oil Price Rising Today?Top Stories Of The Day: MNRE Moves RE Extensions Online; 14,000 Punjab Solar Projects at Risk and More…Environmental approvals conditionally greenlight Canadian LOHC projectUK Environment Agency supports Drax carbon capture permit approvalIEA Reports Record 108 GW Of Global Battery Storage Additions In 2025Harmonizer Energy Commissions AI-Driven Microgrid and BESS Project at Western Metal Industries Facility in PuneAboitizPower And JERA Strengthen Energy Workforce Development With GTCOE Training ProgramOil Prices Rise as Israel Expands Lebanon Offensive and U.S. Strikes IranGoldman Sachs Sees Oil Demand Destruction Offsetting Supply Shock RisksIndian Refiners Freeze Domestic Jet Fuel PricesEuropean Energy Secures Up To €228 Million To Expand Green Hydrogen Production In DenmarkENERTRAG Announces €1.1 Billion Investment Plan to Expand Renewable Energy and Storage Capacity in FranceLaos Begins Construction Of 9.5 MW Solar Power Project In Salavan ProvinceFresh Clashes as Iran, US Trade Truce TermsGet ready for “astronomical” specialty gases growth Get ready for “astronomical” specialty gases growth Greenply Expands Renewable Energy Usage at Vadodara Facility, Achieves Nearly 80% Clean Power ConsumptionIKO Completes First Commercial Solar Project In Seville, Ohio, At Blair Rubber FacilityAM Green looks to build 1 mtpa green ammonia plant at Indian portAM Green looks to build 1 mtpa green ammonia plant at Indian portVideo | Why semiconductor manufacturing needs real-time gas monitoringConditional financing approved for EemsEnergyTerminal extensionHydrogen Council CEO: Industry’s asks are the same, but the politics aren’tChevron CEO: Multiple Ships Attacked In Strait of HormuzKansas Fed Pres Warns Oil Price Shock Might Not Be TransitoryPhilippines Receives First Iranian Crude Cargo Since Hormuz Blockade
Wed. Jun 3rd, 2026

Trump to Unveil $70 Billion in AI and Energy Investments

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PITTSBURGH, July 14 (Reuters) – U.S. President Donald Trump will announce $70 billion in artificial-intelligence and energy investments on Tuesday, according to a White House official and a person familiar with the initiatives.

Trump will reveal details of these new initiatives at an event near Pittsburgh, where he will be joined by Republican Senator David McCormick, who is hosting the first Pennsylvania Energy and Innovation Summit at Carnegie Mellon University.

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McCormick’s office did not respond on Monday to requests for details of the announcements.

The investments come from various industries that include new data centers and power grid upgrades and expansions, according to the White House official.

Axios was the first to report the $70 billion figure.

Reporting by Jarrett Renshaw in Pittsburgh, Steve Holland in Washington and Pretish M J in Bengaluru; Editing by Chris Reese and Matthew Lewis

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