Latest news and articles about energy industry from NEX English
The energy industry is undergoing significant transformations due to global climate and economic changes. These shifts raise questions about the future of traditional and alternative energy sources.
The global energy industry faces uncertainty due to fluctuations in U.S. President Donald Trump's policies, particularly his rollback of environmental regulations. These changes have raised concerns among companies that benefited from such policies, fearing instability that could impact their future investments.
TotalEnergies, a French energy company, has announced its withdrawal from solar energy projects in the oceans, opting instead to invest in oil and gas projects. The decision comes after US President Donald Trump unveiled new policies aimed at supporting the US oil and gas industry. The company plans to invest $928 million in oil and gas projects, producing 4 gigawatts of energy.