Evan Halper

The Trump administration's latest deal to cancel offshore wind projects and boost fossil fuel energy development instead is generating a huge payday for one of the president's million-dollar donors.

The Gulf nation’s support for the U.S. war against Iran has also strengthened its alliance with Washington in the emerging tech sector amid fierce competition with China.

The Trump administration is negotiating a long-term stake in a vast share of Venezuela's oil fields, according to three people close to the

A deal, which may come as early as next week, would be contentious and could cost U.S. taxpayers billions of dollars.

The U.S. would acquire long-term contracts for a third of Venezuelan oil reserves under the plan.

BREAKING: President Donald Trump on Friday announced an oil agreement with Venezuela, which he said would involve 65 billion barrels and more than

President claims the deal 'will substantially lower gas prices for all Americans'.

LYNCHBURG, Va. – The sci-fi-worthy machine soaring 120 feet tall in the hills outside Lynchburg had been all but left for dead – a $400 million experiment that collapsed as the energy economy shifted and the financial prospects for next-generation nuclear technology soured.

President Donald Trump is touting the deal to acquire a vast stake in Venezuela's oil reserves as a game-changing breakthrough that will drive down

It is likely to be years before production meaningfully ramps up, industry experts say, and there are many risks involved.