Big oil gathers in Texas – but beneath the bravado, Trump-induced anxiety

Energy summit in Houston makes clear US is nowhere close to curbing fossil fuels, but tariffs are causing disquietThis week, the world’s most influential fossil-fuels conference, which has been dubbed the “Coachella of oil”, featured an industry displaying outward glee but barely managing to conceal its anxiety.As recently as last year, sustainability was a major focus at the annual Houston convention, known as CeraWeek, with fossil-fuel companies touting climate plans. But in the wake of Donald Trump’s re-election, the industry is undergoing a vibe shift, forgoing talk of the energy transition and instead parroting the president’s focus on energy “dominance”. Continue reading...

Mar 15, 2025 - 14:10
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Big oil gathers in Texas – but beneath the bravado, Trump-induced anxiety

Energy summit in Houston makes clear US is nowhere close to curbing fossil fuels, but tariffs are causing disquiet

This week, the world’s most influential fossil-fuels conference, which has been dubbed the “Coachella of oil”, featured an industry displaying outward glee but barely managing to conceal its anxiety.

As recently as last year, sustainability was a major focus at the annual Houston convention, known as CeraWeek, with fossil-fuel companies touting climate plans. But in the wake of Donald Trump’s re-election, the industry is undergoing a vibe shift, forgoing talk of the energy transition and instead parroting the president’s focus on energy “dominance”. Continue reading...