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Trump administration cancels $3.7B in clean energy projects, including at Exxon's Baytown
  • Finance Expert

Trump administration cancels $3.7B in clean energy projects, including at Exxon’s Baytown

  • May 31, 2025
  • Roubens Andy King
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May 31, 2025 8:48 PM ETExxon Mobil Corporation (XOM) StockPBW, EMN, ERTH, QCLN, SMOG, PBD, ICLN, HDLMY, CNRG, ACESBy: Carl Surran, SA News Editor

kodda

The U.S. Department of Energy said Friday it terminated 24 awards for clean energy projects totaling $3.7B that were issued under the Biden administration, including to an Exxon Mobil (NYSE:XOM) refinery complex in Texas.

Most of the projects would have

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