Foreign Energy Firms Signal Increased U.S. Investments Under Trump’s Pro-Fossil Fuel Policies
Global oil and gas companies praise regulatory rollbacks and energy-focused initiatives but express concerns over market volatility and policy consistency.
- The Trump administration's focus on energy dominance, including regulatory rollbacks and support for fossil fuels, has drawn strong interest from foreign energy companies in U.S. investments.
- United Arab Emirates' ADNOC plans significant U.S. investments, including in the natural gas supply chain, while Australian firm Santos eyes expansion in Alaska and other projects.
- Oil prices recently hit a three-year low, with Brent crude futures falling below $70 per barrel, raising concerns about economic growth and market stability.
- U.S. oil production forecasts have been raised by the Energy Information Administration, with expected increases in both oil and natural gas output through 2026.
- While the industry welcomes Trump's pro-energy stance, executives caution against abrupt policy shifts and note ongoing challenges such as tariff disputes and capital discipline among producers.
