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The Latest Breaking News from Chris Wright

Trump's Plan for 30 Million Barrels of Venezuelan Oil Doesn't Add Up

The plan is both light on specifics and full of contradictions.

Reason

Nestlé's CIO says the value of the food giant's AI investments goes well beyond efficiency

The world’s largest food and beverage company is using AI to rethink pricing, factories, sales, but the company's chief information officer isn't just focused on squeezing out efficiency gains.

Fortune

Trump tells NBC U.S. may reimburse firms for Venezuela oil efforts

Energy experts say reviving Venezuela’s oil industry could be a decade-long process, and could cost upwards of $100 billion.

Fortune

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Trump administration orders a Colorado coal-fired power generator to stay open

The Trump administration has ordered another coal-fired power facility to remain open

The Independent UK

Trump’s shuttering of the National Center for Atmospheric Research is Stalinist

This is the latest in the relentless purge of climate researchers who refuse to be co-opted by the fossil fuel industry

The Guardian - US

House passes bill to allow FERC to keep power plants from closing - Roll Call

The bill would let the Federal Energy Regulatory Commission require retiring power plants stay open if closure could pose reliability issues.

Roll Call

DOE using its own land to help pair AI centers, nuclear reactors - Roll Call

Co-locating smaller reactors with data centers at federal sites is part of the Trump administration's bid to accelerate both technologies.

Roll Call

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Fossil-fuel billionaires bought up millions of shares after meeting with top Trump officials

Co-founders’ acquisition of Venture Global shares before key permit granted draws scrutiny as pair deny wrongdoing

The Guardian - US

Russia and the US threatened to resume nuclear testing after several decades. Here is why it matters

The U.S. and Russia have both recently threatened to resume nuclear testing, alarming the international community and jeopardizing a global norm against such tests

The Independent UK

Cooking with gas gets more expensive as Americans face rising prices into 2026

Trump promised to cut consumers’ energy costs within his first year in office but gas price is up 4% on average

The Guardian - US

Three Mile Island Can Restart Without Subsidies. The Federal Government Is Giving It $1 Billion Anyway.

Bringing the defunct power plant back online is a good thing. The government's involvement is not.

Reason

Trump officials announce $1bn loan to restart Three Mile Island nuclear plant

Facility that was site of worst nuclear disaster in US history will provide power for Microsoft datacenters

The Guardian - US

Trump White House Approves $1 Billion Loan To Restart Three Mile Island Nuclear Plant

The Trump administration has approved a credit facility worth $1 billion for Constellation Energy Corp. (NASDAQ:CEG), according to the Wall Street Journal. The funds are designated to help reopen the Crane Clean Energy Center, the site famously known as Three Mile Island.

Benzinga

US to maintain long-term energy cooperation with Europe, Secretary Wright tells Euronews

Speaking to Euronews, US Energy Secretary Chris Wright indicated Washington's willingness to have a long-term energy presence in Europe and highlighted Greece's role as a key hub.

Euronews

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Roll Call

Worker shortage looms over new US nuclear power focus - Roll Call

An aging nuclear power workforce and shortage of qualified employees could pose a challenge to Trump's goals for a "nuclear renaissance."

The Independent UK

Trump’s nuclear weapons tests won’t include explosions ‘right now,’ official says

Energy Secretary says administration will tests nuclear weapons ‘systems’ without detonating devices — for now

The Independent UK

Trump's testing plans for US nuclear weapons won't include explosions, energy secretary says

Energy Secretary Chris Wright says that new tests of the U.S. nuclear weapons system ordered up by President Donald Trump will not include nuclear explosions

The Independent UK

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

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Fortune

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.

Roll Call

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.

Barchart

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.

Fortune

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.

Benzinga

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.

The Guardian - US

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 Independent UK

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

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Luiz Inácio Lula da Silva

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