ExxonMobil loses $331 million grant after US axes 24 clean energy awards

DoE rescinds $3.7 billion in clean energy grants, including for US supermajor’s Baytown olefins plant

US Secretary of Energy Chris Wright listens during a press conference at Lawrence Berkeley National Laboratory on Thursday, 29 May 2025, in Berkeley, California. — US Secretary of Energy Chris Wright listens during a press conference at Lawrence Berkeley National Laboratory on Thursday, 29 May 2025, in Berkeley, California.Photo: AP/SCANPIX

Robert Stewart

North America Energy CorrespondentBaton Rouge

Published 30 May 2025, 19:26Updated 30 May 2025, 20:36

US US Department of Energy Chris Wright ExxonMobil Technip Energies