By Timothy Gardner WASHINGTON, April 29 (Reuters) - U.S. President Donald Trump met with top officials from Chevron and other energy companies on Tuesday to discuss a range of topics, including U.S. oil production,

On Sunday, U.S. Energy Secretary Chris Wright claimed that the cost of gas "peaked a week ago," but could stay above $3 a gallon until 2027 (1). But the very next morning, President Trump declared that Wright is "totally wrong,

The Trump administration is spending nearly $2 billion to get energy companies to walk away from U.S. offshore wind projects. Democrats in Congress are investigating. The Republican administration adopted this strategy after federal courts thwarted President Donald Trump’s efforts to stop offshore wind development through executive action.

In exchange, the companies will invest in oil and gas projects, echoing an earlier deal with the French energy giant TotalEnergies.

The meeting signals direct White House engagement with major producers to manage supply and pricing during Iran-war volatility. That increases odds of policy support (waivers, supply expansion) that stabilizes crude and protects margins for integrated majors.

Shares of the company popped more than 12% on the news that the cloud major will use its fuel cells to power its grid in New Mexico.

President Donald Trump signed determinations under the 1950 Defense Production Act, which gives presidents sweeping emergency authority over domestic

Marcheskie stayed with the company, and worked at another nearby nuclear power plant. But in 2024, Microsoft announced a deal with Constellation to reopen the reactor, and buy power from the plant for 20 years. Constellation would spend $1.6 billion on the project, and the federal government backed the deal with a $1 billion loan.

A federal judge in Massachusetts on Tuesday struck down several Trump administration actions slowing down development of clean energy, including a requirement that all solar and wind energy projects on federal lands and waters be personally approved by.

Hopes of a swift resolution to the conflict have receded since Trump last weekend scrapped a visit by his special envoy Steve Witkoff and son-in-law Jared Kushner to Pakistan.