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The Latest Breaking News from Chris Wright

Israel puts off signing $35 billion gas deal with Egypt, prompts US energy secretary to cancel visit

Israeli Energy Minister Eli Cohen has said that his refusal to sign a $35 billion gas agreement with Egypt has prompted his U.S. counterpart Chris Wright to cancel a planned trip to Israel

The Independent UK

The U.S. just bet $1 billion that AI supercomputers can turn most cancers from ‘death sentences’ to ‘manageable conditions’ within 8 years

Chris Wright says the supercomputers will also allow the U.S. to “re-create the center of the sun on Earth” given how they benefit fusion energy research.

Fortune

Offshore wind projects feel brunt of Trump policy decisions - Roll Call

As Trump moves toward more energy-dense sources of power, the offshore wind industry has felt the impact most dramatically.

Roll Call

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This 1 Little-Known Energy Stock Is Pivoting to Data Centers – and It’s Got Big Ties to Trump

Liberty Energy used to be run by Trump’s Energy Secretary, Chris Wright, and is now hopping on the data center boom.

Barchart

Struggling frackers lean in on powering data centers to grab a slice of the AI pie amid crude oil slump

The CEO of the U.S. energy secretary’s fracking company said Trump’s tariffs are getting in the way of U.S. energy and AI dominance.

Fortune

This Trump-Linked Nuclear Startup Is Worth $17B — And Still Waiting For A License

It sounds like something out of Silicon Valley: no revenue, no operating license, no signed customers — and yet, Oklo Inc (NASDAQ:OKLO) is worth more than $17 billion.

Benzinga

US demands EU reverse new climate rules to allow surge in gas imports

US and Qatar say new rules will hinder imports of LNG, posing ‘existential threat’ to European economies

The Guardian - US

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Nuclear security agency begins furloughing workers as part of shutdown, energy secretary says

Furloughs have begun at the federal agency tasked with overseeing the U.S. nuclear stockpile

The Independent UK

Nation’s nuclear weapon watchdog gutted to just 400 workers from nearly 2,000 as Trump shutdown layoffs hit agency

National Nuclear Security Administration is tasked with safeguarding U.S.’s nuclear stockpile. ‘These are not employees that you want to go home,’ one congressman said

The Independent UK

Energy Department offers $1.6 billion loan guarantee to upgrade transmission lines across Midwest

The Department of Energy says it has finalized a $1.6 billion loan guarantee to a subsidiary of one of the nation’s largest power companies to upgrade nearly 5,000 miles of transmission lines across five states, mostly in the Midwest, for largely fossil fuel-run energy

The Independent UK

More than 40 Trump administration picks tied directly to oil, gas and coal, analysis shows

Report looks at White House nominees and appointees and agencies dictating energy, environment and climate policy

The Guardian - US

EV and renewable companies brace for end of tax credits - Roll Call

The electric vehicle and renewable energy sectors are bracing for impact as tax credits that benefitted their products expire.

Roll Call

Make green great again: Can appeals to the wallet make climate policy an election-winner?

In this week’s newsletter: At a major gathering in New York, climate advocates say that language has to change

The Guardian - UK

The White House Thinks Taking Partial Ownership of a Canadian Mining Company Will Reduce the National Debt

Trump's deal with a lithium mine in Nevada follows similar "creative deals" with Intel and U.S. Steel.

Reason

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The Independent UK

From bombs to glass: Hanford site can now transform nuclear waste

The Hanford Nuclear Reservation in Washington state produced plutonium for most of America's nuclear arsenal through the end of the Cold War

The Guardian - US

US energy department cracks down on workers’ use of climate crisis language

Efficiency employees reportedly told to avoid ‘climate change’ and similar terms in their work in latest clampdown

Reason

Trump's $625 Million Coal Plan May Raise Utility Bills for Millions of Americans

One report found that forcing retiring coal plants to remain open could increase annual electricity costs by $3 billion through 2028.

Roll Call

EPA, Energy, Interior announce plans to support coal mining - Roll Call

The Trump administration's Monday announcement is the latest move in a government-wide effort to reverse the fuel’s decline.

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The Guardian - US

Trump energy secretary to return billions set aside for green projects

Chris Wright attacks Joe Biden’s ‘Green New Scam agenda’ and says climate accords have not lowered emissions

Benzinga

Past Oklo Ties Put Trump's Energy Secretary Under Democratic Senator's Scrutiny: 'Wright Is Acting In...'

Sen. Edward Markey (D-Mass.) has raised concerns about the actions of U.S. Energy Secretary Chris Wright and his alleged bias towards a nuclear power company, Oklo Inc. (NYSE:OKLO).

International Business Times

IEA Feels The Heat As Washington Pushes Pro-oil Agenda

No stranger to ire from oil-producing nations, the International Energy Agency (IEA) is facing pressure from the Trump administration over its globally-respected reports that predict a dwindling in fossil fuel demand.

Axios

Trump's point man on energy calls offshore wind disruption a unique case

The former fracking exec offered a peek into his upcoming moves and current thinking in a chat with Axios.

Benzinga

IAEA Raises Nuclear Power Projections, US Needs More Uranium

The International Atomic Energy Agency (IAEA) has revised upward its nuclear power projections, signaling an entirely shifted momentum for the sector. The decision marks the fifth consecutive upward revision since 2021, when forecasts began to rebound following a “lost decade” triggered by the Fukushima disaster in 2011.

Reason

Environmental Groups Are Suing To Silence Scientists Who Wrote a Report Questioning Climate Change Alarmism

The groups are using the lawsuit to halt the Trump administration's deregulatory agenda.

Fortune

The roughneck is slowly disappearing from the oilfield as AI and automation take over

Many thousands of energy jobs are shed amid lower oil prices, efficiency gains, consolidation, and the advent of autonomous AI drilling and fracking operations.

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