Reported 1 day ago
The Trump administration is contemplating the cancellation of approximately $12 billion in energy projects, including significant hydrogen initiatives backed by major U.S. oil companies such as Exxon Mobil and Chevron. This potential reduction follows earlier announcements of $7.6 billion in project terminations and part of a broader review of $15 billion in initiatives initiated during President Biden's tenure. An Energy Department spokesperson noted that no final decisions have been made regarding these projects.
Source: YAHOO