American manufacturing has been in the doldrums for years, battered by high borrowing costs and a strong dollar, which makes exports less competitive. But there has been a bright spot: billions of dollars flowing into factory construction, signifying that a potential rebound in production and employment is around the corner. The flood of investment has…
The Ukrainian Parliament on Tuesday passed a contentious bill allowing the government to purchase two unused, Russian-made nuclear reactors from Bulgaria for at least $600 million — a project that has faced sharp criticism over its high cost and yearslong timeline. The Ukrainian government plans to install the two reactors at the Khmelnytskyi nuclear power…
In less than three weeks, President Trump has thrown the U.S. clean energy industry into chaos, with much of the economic damage hitting Republican states and districts. In a quest to eliminate any funding linked to climate change, the Trump administration has frozen federal grants for everything from battery factories to electric school buses and…
The Senate confirmed Chris Wright to lead the U.S. Department of Energy on Monday, putting the former oil executive in a key position to help shape President Trump’s energy policies. Mr. Wright, the founder and chief executive of Liberty Energy, a fracking firm, was confirmed by a vote of 59 to 38, with support from…
A court in Scotland blocked the production of oil and gas on Thursday at two large project sites being developed in British waters until their impact on climate change can be assessed. The decision was a blow for the sites’ developers, Shell and the Norwegian company Equinor, which have already spent or committed hundreds of…
The artificial intelligence boom has turbocharged demand for electricity, and everyone who is anyone in the U.S. energy industry wants a piece of the action. The latest entrant is Chevron, the country’s second-largest oil and gas company, which sees opportunity in building natural gas-fueled power plants that will feed energy directly to data centers. Chevron…
President Trump is swinging American energy policy sharply in favor of fossil fuels, but oil and gas companies say those changes won’t push them to engage in the frenzy of new drilling that Mr. Trump wants. The oil industry is thrilled by Mr. Trump’s executive orders, which are designed to make life harder for renewable…
President Trump launched a broad attack on the wind power industry in the United States, with a sweeping executive order that could block not just new offshore wind farms in the Atlantic and Pacific Oceans but potentially many smaller wind farms on federal land and even on private property across the country. The order, which…
At their confirmation hearings on Wednesday, the two men in line to oversee the United States’ global energy policies, Senator Marco Rubio and the fossil fuel executive Chris Wright, are expected to assail President Biden as overly concerned with climate change. According to a spokeswoman, Mr. Wright, who was picked to lead the Department of…
Harold G. Hamm, the billionaire oil and gas executive who helped bankroll Donald J. Trump’s campaign and stands to profit from his energy policies, is hosting an exclusive fossil fuel industry celebration on Inauguration Day. The daytime party on the roof of the historic Hay-Adams Hotel, a block from the White House, will be a…