Trending News: Hungary Set to Agree to Buy U.S. Oil During JD Vance VisitCrude Sinks on Two-Week Iran PauseTACO Tuesday – Oil Dives, Stocks Surge as Trump Backs Down and Agrees to Two-Week CeasefireFuel Prices Could Keep Rising for Months After Hormuz Reopens, US EIA SaysUS Power Use to Beat Record Highs in 2026 and 2027 as AI Use Surges, EIA SaysNorth American Oil is in Demand as World Grasps for SuppliesU.S. Shale Drillers Seen Lifting Crude Output on Hormuz-Driven Price RallyUS Lawmakers Press Bessent on LNG Ships That are Taking Tax CreditFreeport LNG Seeks Approval to Demolish Obsolete Import Facilities in TexasDemocrats Question Legality of Trump, TotalEnergies Offshore Wind DealWTI Crude Oil Hits $115 as Strikes Target Iran’s Kharg IslandIEA Chief: Current Energy Crisis Worse Than 1973, 1979, and 2022 CombinedUS Natgas Futures Rise as Daily Production Falls, Texas Waha Prices Stay NegativeDeal, Delay or Strike? Investors on Edge as Trump’s Iran Deadline NearsDangote Refinery Crude Supply Doubles, But High Import Costs Squeeze MarginsRussia’s Yamal LNG Ships First Cargo to China in Months as EU Ban NearsKazakhstan’s Oil Exports Stable despite Attack on Russian Black Sea PortTaiwan Joins Others in Asia Restarting Coal-Fired Units Due to Iran WarAir Products adds liquefaction to Port of Rotterdam grey hydrogen plantOil Prices Rise as Hormuz Stays Shut Ahead of Trump Deadline, Strikes on Iran IntensifyTrump Says ‘A Whole Civilization Will Die tonight’ if Iran Does Not Make a DealUS Hits Military Targets on Iran’s Kharg Island, Vance Says No Change to Strategy India’s Fuel Consumption Climbs Even as LPG Supplies TightenIndia Turns to Venezuelan Crude as Middle East Supply FaltersEuropean Gas Futures Jump 3% as Trump’s Iran Strike Deadline NearsLinde to grow US capacity with North Carolina ASULinde to grow US capacity with North Carolina ASUMicrosoft signs 15-year BECCS credit deal in CanadaMNRE Centralizes Renewable Energy Bidding Under SECI, Tightens Rules to Clear PPA BacklogRecurrent Energy Sells 42.5 MWp Higher Witheven Solar Project In Cornwall After Securing UK CfD ContractTwo Halma group brands move under Salaera tech platformCoro Energy Begins 1.6 MW Rooftop Solar Project In VietnamPPC Group Completes 2.13 GW Of Solar Parks In Western Macedonia, Transforming Former Lignite Mines Into Europe’s Largest PV ClusterSomalia Set To Begin First Ever Offshore Oil Drilling In AprilIraq Prepares to Ramp Up Production After War DisruptionSouth Korea Scrambles to Secure Oil Beyond HormuzOil Market Maintains Cautiously Bullish BiasSolar-Plus-Battery Systems Could Meet 90% of India’s Power Demand at Competitive Costs: Ember AnalysisCharbone refills helium trailer for Canadian distributorNikkiso CE&IG wins cryogenic pump contract for major German LNG siteAirgas provides high-pressure nitrogen for Artemis IIINOXAP commissions first ultra-high purity liquid oxygen facility in IndiaLNG ships halted as strait deadline nearsLNG ships halted at strait deadline nearsU.S. Oil Premiums Hit Record High as World Scrambles for CrudeQatar’s LNG Exports Still Frozen as Two Tankers U-Turn at HormuzIndia Back to Buying Venezuelan CrudeCarbon Capture Edges Forward Despite Cost ChallengeInvestors Press Amazon, Microsoft and Google on Water, Power Use in US Data CentersUS Crude Exports Test Limits as Shipping Constraints MountPhillips 66 Faces $900 Million Loss as Iran Crisis Lifts Oil PricesEnergy Shock Prompts Analysts to Cut India’s GDP Growth ForecastsDiablo Canyon receives licence renewalsConstruction of second Jinqimen unit beginsFirst criticality for Indian fast breeder reactorSouth Korean reactor restarts after three-year outageAMPERA, Scorpio team up for maritime microreactorsTrump Says Tuesday Deadline to Make a Deal With Iran is FinalTrump Says Iran Could be ‘Taken Out’ on Tuesday, Hegseth Says Major Strikes to ComeBuyout Firm ECP to Re-Acquire Nuclear Services Firm EnergySolutionsUkraine Steps Up Drone Attacks on Russian Oil InfrastructureOil Prices Fall After US and Iran Receive Framework Ceasefire ProposalTrump’s New Deadline Looms With Mediators Pushing for TruceOil Shock Is Adding Stress to the Global EconomyUS Crude Premiums Climb to Record Levels as Asia, Europe Compete for SupplyNearly 50 Qatar LNG Tankers Sit Idle Across AsiaPakistan Emerges as Key Mediator in Push to End Hormuz CrisisSaudi Arabia Sets Record Premium for Flagship Crude as Hormuz Crisis DeepensQatar LNG Tankers Make First Move Through Hormuz Since War BeganTwo More Indian LPG Tankers Clear Strait of HormuzOPEC+ Decides to Boost Production in MayAtlas Copco completes $16.9m SDC buyItaly Ready to Restart Coal-Fired Plants, Postpone Total Coal PhaseoutCERC Issues First Amendment To 2022 REC Regulations, Introducing VPPAs And New Certificate MultipliersSukošan Solar Power Plant Set For 45 MW Grid Connection And New 110/33 kV Substation ConstructionJakson Green Signs $465 Million Green Ammonia Supply Agreement with SECI Under National Green Hydrogen MissionTrump Says US Could ‘Take the Oil’ in Hormuz PushOPEC Commits to Boost Output Once Hormuz ReopensIraq Scrambles to Stabilize Exports as Iran Grants PassageOil Market Weighs Early Signs of Potential De-EscalationBlueWave Expands Legal Leadership As Becky Limmer Takes On Portfolio Support For Solar, Storage, And Infrastructure ProjectsAdani Green Energy Surges 8% Amid Record Derivatives Activity, Investors Show Strong AccumulationFirst Western European Vessel Transits Hormuz Since War BeganCuba Frees 2,000 Prisoners Amid Oil Supply CrunchMediators Said to Seek Ceasefire as Trump Escalates Iran ThreatsTrump Threatens to Hit Iran Infrastructure on Tuesday if Strait Remains BlockedVision 2030: Why system alignment is critical to 2030 targetsMasirah Oil to start three-well drilling program at Oman’s Yumna field in MayUS Intelligence Warns Iran Unlikely to Ease Hormuz Strait Chokehold SoonMnSEIA, SEIA, And CCSA Criticize Minnesota’s Approval Of Xcel’s 200 MW Battery Program, Warning Of Risks To RatepayersVictron Energy Demonstrates Integrated Energy Solutions at Solar & Storage Live Africa 2026 in JohannesburgBrazil Advances Tangará Project: New Transformers And 500 kV Line Upgrade Boost Reliability In Maranhão And ParáSmarter Power, Brighter Africa: Pylontech Deepens Presence in South Africa with All-Scenario Solutions and Local Service CenterHD Hyundai Energy Solutions Secures $85 Million Module Supply Deal for U.S. Solar ProjectTrump Says US Can Take Strait of Hormuz With More Time, Take the Oil and Make a FortuneChina Sets 2029 Deadline to Shut Down Outdated Petrochemical PlantsIndia Passes on Iranian Oil as Sanctioned Tanker Redirects to ChinaIndia’s Russian Crude Imports Jump 90% in March After U.S. WaiverUAE’s Biggest Gas Plant Forced Offline for Second Time Since War BeganOil Giants Show Early Interest in US Gulf Deepwater Field Stake
Wed. Apr 8th, 2026
Trending News: Hungary Set to Agree to Buy U.S. Oil During JD Vance VisitCrude Sinks on Two-Week Iran PauseTACO Tuesday – Oil Dives, Stocks Surge as Trump Backs Down and Agrees to Two-Week CeasefireFuel Prices Could Keep Rising for Months After Hormuz Reopens, US EIA SaysUS Power Use to Beat Record Highs in 2026 and 2027 as AI Use Surges, EIA SaysNorth American Oil is in Demand as World Grasps for SuppliesU.S. Shale Drillers Seen Lifting Crude Output on Hormuz-Driven Price RallyUS Lawmakers Press Bessent on LNG Ships That are Taking Tax CreditFreeport LNG Seeks Approval to Demolish Obsolete Import Facilities in TexasDemocrats Question Legality of Trump, TotalEnergies Offshore Wind DealWTI Crude Oil Hits $115 as Strikes Target Iran’s Kharg IslandIEA Chief: Current Energy Crisis Worse Than 1973, 1979, and 2022 CombinedUS Natgas Futures Rise as Daily Production Falls, Texas Waha Prices Stay NegativeDeal, Delay or Strike? Investors on Edge as Trump’s Iran Deadline NearsDangote Refinery Crude Supply Doubles, But High Import Costs Squeeze MarginsRussia’s Yamal LNG Ships First Cargo to China in Months as EU Ban NearsKazakhstan’s Oil Exports Stable despite Attack on Russian Black Sea PortTaiwan Joins Others in Asia Restarting Coal-Fired Units Due to Iran WarAir Products adds liquefaction to Port of Rotterdam grey hydrogen plantOil Prices Rise as Hormuz Stays Shut Ahead of Trump Deadline, Strikes on Iran IntensifyTrump Says ‘A Whole Civilization Will Die tonight’ if Iran Does Not Make a DealUS Hits Military Targets on Iran’s Kharg Island, Vance Says No Change to Strategy India’s Fuel Consumption Climbs Even as LPG Supplies TightenIndia Turns to Venezuelan Crude as Middle East Supply FaltersEuropean Gas Futures Jump 3% as Trump’s Iran Strike Deadline NearsLinde to grow US capacity with North Carolina ASULinde to grow US capacity with North Carolina ASUMicrosoft signs 15-year BECCS credit deal in CanadaMNRE Centralizes Renewable Energy Bidding Under SECI, Tightens Rules to Clear PPA BacklogRecurrent Energy Sells 42.5 MWp Higher Witheven Solar Project In Cornwall After Securing UK CfD ContractTwo Halma group brands move under Salaera tech platformCoro Energy Begins 1.6 MW Rooftop Solar Project In VietnamPPC Group Completes 2.13 GW Of Solar Parks In Western Macedonia, Transforming Former Lignite Mines Into Europe’s Largest PV ClusterSomalia Set To Begin First Ever Offshore Oil Drilling In AprilIraq Prepares to Ramp Up Production After War DisruptionSouth Korea Scrambles to Secure Oil Beyond HormuzOil Market Maintains Cautiously Bullish BiasSolar-Plus-Battery Systems Could Meet 90% of India’s Power Demand at Competitive Costs: Ember AnalysisCharbone refills helium trailer for Canadian distributorNikkiso CE&IG wins cryogenic pump contract for major German LNG siteAirgas provides high-pressure nitrogen for Artemis IIINOXAP commissions first ultra-high purity liquid oxygen facility in IndiaLNG ships halted as strait deadline nearsLNG ships halted at strait deadline nearsU.S. Oil Premiums Hit Record High as World Scrambles for CrudeQatar’s LNG Exports Still Frozen as Two Tankers U-Turn at HormuzIndia Back to Buying Venezuelan CrudeCarbon Capture Edges Forward Despite Cost ChallengeInvestors Press Amazon, Microsoft and Google on Water, Power Use in US Data CentersUS Crude Exports Test Limits as Shipping Constraints MountPhillips 66 Faces $900 Million Loss as Iran Crisis Lifts Oil PricesEnergy Shock Prompts Analysts to Cut India’s GDP Growth ForecastsDiablo Canyon receives licence renewalsConstruction of second Jinqimen unit beginsFirst criticality for Indian fast breeder reactorSouth Korean reactor restarts after three-year outageAMPERA, Scorpio team up for maritime microreactorsTrump Says Tuesday Deadline to Make a Deal With Iran is FinalTrump Says Iran Could be ‘Taken Out’ on Tuesday, Hegseth Says Major Strikes to ComeBuyout Firm ECP to Re-Acquire Nuclear Services Firm EnergySolutionsUkraine Steps Up Drone Attacks on Russian Oil InfrastructureOil Prices Fall After US and Iran Receive Framework Ceasefire ProposalTrump’s New Deadline Looms With Mediators Pushing for TruceOil Shock Is Adding Stress to the Global EconomyUS Crude Premiums Climb to Record Levels as Asia, Europe Compete for SupplyNearly 50 Qatar LNG Tankers Sit Idle Across AsiaPakistan Emerges as Key Mediator in Push to End Hormuz CrisisSaudi Arabia Sets Record Premium for Flagship Crude as Hormuz Crisis DeepensQatar LNG Tankers Make First Move Through Hormuz Since War BeganTwo More Indian LPG Tankers Clear Strait of HormuzOPEC+ Decides to Boost Production in MayAtlas Copco completes $16.9m SDC buyItaly Ready to Restart Coal-Fired Plants, Postpone Total Coal PhaseoutCERC Issues First Amendment To 2022 REC Regulations, Introducing VPPAs And New Certificate MultipliersSukošan Solar Power Plant Set For 45 MW Grid Connection And New 110/33 kV Substation ConstructionJakson Green Signs $465 Million Green Ammonia Supply Agreement with SECI Under National Green Hydrogen MissionTrump Says US Could ‘Take the Oil’ in Hormuz PushOPEC Commits to Boost Output Once Hormuz ReopensIraq Scrambles to Stabilize Exports as Iran Grants PassageOil Market Weighs Early Signs of Potential De-EscalationBlueWave Expands Legal Leadership As Becky Limmer Takes On Portfolio Support For Solar, Storage, And Infrastructure ProjectsAdani Green Energy Surges 8% Amid Record Derivatives Activity, Investors Show Strong AccumulationFirst Western European Vessel Transits Hormuz Since War BeganCuba Frees 2,000 Prisoners Amid Oil Supply CrunchMediators Said to Seek Ceasefire as Trump Escalates Iran ThreatsTrump Threatens to Hit Iran Infrastructure on Tuesday if Strait Remains BlockedVision 2030: Why system alignment is critical to 2030 targetsMasirah Oil to start three-well drilling program at Oman’s Yumna field in MayUS Intelligence Warns Iran Unlikely to Ease Hormuz Strait Chokehold SoonMnSEIA, SEIA, And CCSA Criticize Minnesota’s Approval Of Xcel’s 200 MW Battery Program, Warning Of Risks To RatepayersVictron Energy Demonstrates Integrated Energy Solutions at Solar & Storage Live Africa 2026 in JohannesburgBrazil Advances Tangará Project: New Transformers And 500 kV Line Upgrade Boost Reliability In Maranhão And ParáSmarter Power, Brighter Africa: Pylontech Deepens Presence in South Africa with All-Scenario Solutions and Local Service CenterHD Hyundai Energy Solutions Secures $85 Million Module Supply Deal for U.S. Solar ProjectTrump Says US Can Take Strait of Hormuz With More Time, Take the Oil and Make a FortuneChina Sets 2029 Deadline to Shut Down Outdated Petrochemical PlantsIndia Passes on Iranian Oil as Sanctioned Tanker Redirects to ChinaIndia’s Russian Crude Imports Jump 90% in March After U.S. WaiverUAE’s Biggest Gas Plant Forced Offline for Second Time Since War BeganOil Giants Show Early Interest in US Gulf Deepwater Field Stake
Wed. Apr 8th, 2026

Trump to Unveil $70 Billion in AI and Energy Investments

trump

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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