One day after Trump's inauguration, oil and gas billionaires see their total wealth boosted by more than $3 billion.

On the first day of his Presidency, Donald Trump declared an “energy emergency”. It is part of a raft of measures to boost America’s already colossal fossil fuel production, backed up by claims that the country needs to tackle high energy prices and prepare for increased demand from “the next generation of technology”.

Commodities tied to clean energy and electrification showed resilience in 2024, despite the global manufacturing slowdown and Trump’s roll back of “green” agenda items.

President Trump is preparing to declare a national energy emergency and sign executive orders to boost domestic energy production and reverse Biden's climate policies.

President Donald Trump, in a flurry of climate and energy-related orders on Monday, made it clear he wants to turn his back on nearly a decade of climate action and smooth the way for the fossil fuel industry in the United States.

In his first hours in the White House, President Trump ordered the government to resume processing LNG export permits, reversed actions to close parts of Alaska and federal

The goal of the a national energy emergency is to reduce energy costs, an incoming White House official told reporters.