Trump Plans Envision Major U.S. Investment in Russia, Restoring Oil Flows to Europe, WSJ Says

The newspaper said the plans were detailed in appendices to peace proposals handed to European counterparts over recent weeks.

They include a plan for U.S. financial firms and other businesses to tap $200 billion of frozen Russian sovereign assets for projects in Ukraine, including a major new data center powered by the Zaporizhzhia nuclear power plant now controlled by Russian forces, the paper said.

U.S. companies would invest in Russian strategic sectors such as rare-earth extraction and oil drilling in the Arctic, while Russian energy flows to Western Europe and the world would be restored, it added.


Get the Latest US Focused Energy News Delivered to You! It’s FREE:


The paper said one unidentified European official compared the proposed U.S.-Russian energy deals to an economic version of the 1945 Yalta conference.29dk2902l

At that meeting, the victors of World War Two, the Soviet Union, the United States and Britain, divided up their spheres of interest in Europe.

Russia invaded Ukraine in February 2022 after eight years of fighting between Russian-backed separatists and Ukrainian troops in the Donbas, formed of the Donetsk and Luhansk regions.

(Reporting by Guy Faulconbridge; Editing by Clarence Fernandez)

Share This:


More News Articles

 

  • Related Posts

    US Drillers Add Oil and Gas Rigs for First Time in Three Weeks, Baker Hughes Says

    (Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed…

    US Oilfield Service Firm SLB Says it Can Rapidly Boost Venezuela Operations

    By and SLB says it is receiving lots of inquiries from customers about Venezuela Company had over $1 billion in annual revenue from Venezuela a decade ago Rival Halliburton has…

    Have You Seen?

    Power Ministry’s Chintan Shivir 2026 Concludes, Outlines Roadmap to 100 GW Hydro Pumped Storage by 2035–36 and Strengthens DISCOM Reforms

    • January 24, 2026
    Power Ministry’s Chintan Shivir 2026 Concludes, Outlines Roadmap to 100 GW Hydro Pumped Storage by 2035–36 and Strengthens DISCOM Reforms

    IEW 2026 in Goa to Drive Global Energy Partnerships as India Pushes Security, Decarbonisation and Investment-Led Growth

    • January 24, 2026
    IEW 2026 in Goa to Drive Global Energy Partnerships as India Pushes Security, Decarbonisation and Investment-Led Growth

    Bihar’s Power Distribution Reforms Gain National Recognition as NBPDCL and SBPDCL Achieve ‘A’ Grade in PFC Rating

    • January 24, 2026
    Bihar’s Power Distribution Reforms Gain National Recognition as NBPDCL and SBPDCL Achieve ‘A’ Grade in PFC Rating

    Scatec Secures 25-Year PPA with Tunisia’s STEG for 120 MW Tataouine Solar Project, Strengthening Country’s Renewable Energy Push

    • January 24, 2026
    Scatec Secures 25-Year PPA with Tunisia’s STEG for 120 MW Tataouine Solar Project, Strengthening Country’s Renewable Energy Push

    Republic Day 2026: Ministry of Power’s ‘Prakash Ganga’ Tableau Showcases India’s Journey from Universal Electrification to Global Clean Energy Leadership

    • January 24, 2026
    Republic Day 2026: Ministry of Power’s ‘Prakash Ganga’ Tableau Showcases India’s Journey from Universal Electrification to Global Clean Energy Leadership

    Oil Rises Nearly 3% as US Sends Armada to Iran, Slaps New Sanctions

    • January 24, 2026
    Oil Rises Nearly 3% as US Sends Armada to Iran, Slaps New Sanctions

    US Oilfield Service Firm SLB Says it Can Rapidly Boost Venezuela Operations

    • January 24, 2026
    US Oilfield Service Firm SLB Says it Can Rapidly Boost Venezuela Operations

    US Drillers Add Oil and Gas Rigs for First Time in Three Weeks, Baker Hughes Says

    • January 24, 2026
    US Drillers Add Oil and Gas Rigs for First Time in Three Weeks, Baker Hughes Says

    SLB North American Revenue Jumps after ChampionX Acquisition 

    • January 23, 2026
    SLB North American Revenue Jumps after ChampionX Acquisition 

    US Control of Venezuela Oil Risks Debt Restructuring Showdown with China

    • January 23, 2026
    US Control of Venezuela Oil Risks Debt Restructuring Showdown with China