India’s Adani Group to invest $10 billion in US energy following Trump win
by Reuters Nov 13, 2024
India's Adani Group will invest $10 billion in US energy security and infrastructure projects, aiming to create up to 15,000 jobs, chairman Gautam Adani said in a post on social media platform X on Wednesday.
The billionaire announced the investment, with no specific timeline, while congratulating U.S. President-elect Donald Trump on his election win.
Trump has vowed to make it easier for energy companies to drill on federal land and build new pipelines, and law firms with strong traditional energy practices could benefit under his second administration.
Adani Group was accused by US-based short-seller Hindenburg Research in January 2023 of improper use of offshore tax havens and stock manipulation that sparked a $150 billion rout in shares of the group's companies.
Reuters
Similar Stories
The United States produced more crude oil than any other country in 2025
View Article
Maiden call of the CMA CGM Notre Dame in Rotterdam
View ArticleDepartment of Transportation moves forward on Delfin LNG deepwater port licensing following court win
The U.S. Department of Transportation’s Maritime Administration (MARAD) will move forward with issuing a Deepwater port license to Delfin LNG following a decision by the U.S. Court of Appeals for…
View Article
BTS motor fuel prices – June 2026
View Article
US-Iran ceasefire collapses after Strait of Hormuz attacks - Rystad Energy’s Breaking News Update
View Article
U.S. exports of crude oil and petroleum products reached record in April
View ArticleGet the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
