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International Business Times
International Business Times
Science

Oil Companies Greet Trump Return, Muted On Tariffs

Demonstrators protest against the Ceraweek by S&P Global energy conference, near the hotel where the conference is being attended, in Houston, Texas, on March 10, 2025 (Credit: AFP)

Oil executives said Tuesday they are bullish on US petroleum investments in the emerging Trump era as some giants back away from renewable energy and beef up fossil fuel developments.

While there is still talk about decarbonization and climate change mitigation, speakers at this year's CERAWeek conference in Texas have welcomed the more "realistic" approach gaining favor in industry and policy circles that includes a hefty emphasis on energy affordability and economic development.

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