The Trump administration on Friday auctioned off rights to drill in a pristine wildlife refuge in Alaska, but the lease sale attracted only two bidders on a few tracts of land. Of the about 60 tracts of land opened up for leasing by the Trump administration, only five received bids. Only Hex Energy and the...
The U.S. has announced a new partnership with Japan on science and artificial intelligence. Energy Department Under Secretary for Science Darío Gil told reporters Thursday that each country would invest $500 million in the joint venture. “This is the defining moment for the next era of science,” he said. “We’re linking our brightest minds and...
The Energy Department may allow up to five companies to use its surplus plutonium — which it has historically been used in nuclear warheads — as fuel. The department has selected the firms for “advanced negotiations regarding the potential allocation of surplus plutonium materials,” a spokesperson for its nuclear energy office said Tuesday. The five...
Millionaire investor Kevin O’Leary dismissed mounting opposition to his massive AI data center proposal in Utah as “ridiculous” and accused China of helping to fuel a smear campaign against his Stratos project. “I think a lot of those concerns are based on misinformation and just straight-out lies,” O’Leary said in an interview with NewsNation’s “The Hill” late Tuesday. The proposed development in the...
Energy Secretary Chris Wright on Friday suggested that the Strait of Hormuz, which Iran has kept closed amid its ceasefire with the U.S., will reopen “sometime this summer at the latest.” CNBC’s Brian Sullivan spoke with Wright at a new liquefied natural gas facility in Cameron, La., on “Squawk Box.” Wright said that the U.S. is “continuing...
I didn’t come to the Senate from politics — I came from the field. I started as an engineer in Oklahoma’s energy sector and eventually led a company building and maintaining critical infrastructure. That experience taught me a simple lesson: Energy abundance is meaningless if you can’t move it to where it’s needed. Every time...
California is investigating one of the Trump administration’s deals to end an offshore wind project. Golden State Wind was a floating offshore wind project proposed off California’s central coast. The California Energy Commission said Monday it issued an administrative subpoena to Golden State Wind. The commission said it is seeking documents and information about the...
The House on Thursday passed a major bill reauthorizing agricultural and food programs for the next five years, overcoming GOP infighting that delayed and threatened to derail the legislation this week. The lower chamber voted 224-200 to pass the measure, with 209 Republicans, 14 Democrats and one independent voting to support it. Three Republicans and...
The Supreme Court could limit Americans’ ability to sue pesticide makers over alleged health harms from their products in a case that saw oral arguments on Monday. At issue is whether people can sue pesticide-makers such as Monsanto for failing to warn consumers of alleged health harms stemming from their products. The company asked the...
The Trump administration announced on Friday it was issuing a 90-day extension to the Jones Act waiver, which requires shipping between U.S. ports to be conducted by American ships, in an effort to lower fuel prices. “New data compiled since the initial waiver was issued revealed that significantly more supply was able to reach U.S. ports faster,”...
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