US President Donald Trump said on Friday he did not "jump the gun" on announcing a South Korean investment in Alaska LNG, a liquefied natural gas project that has been planned for decades but still lacks binding commitments.

President Donald Trump said Friday that an investment agreement with South Korea includes an $8.4 billion enhanced oil-recovery project, but a South Korean government official disputed that characterization.

An electric utility serving Western Kentucky counties is telling the state regulator it anticipates keeping its existing coal-fired and natural gas-fired power plants open beyond 2050.

Federal energy policy changes adopted since President Donald Trump returned to office could add an average of $6,500 to household energy expenses through 2040.

For the coal industry, the development has potential implications for operating and delivery costs. Diesel powers mining equipment, trucks and locomotives, making fuel prices an important consideration throughout the coal supply chain.

President Donald Trump announced Friday that the U.S. investment agreement with South Korea includes an $8.4 billion enhanced oil-recovery project, adding another energy initiative to the countries’ broader economic partnership.