People set up fencing outside of Carnegie Mellon University’s Cohon University Center in preparation for hosting the Pennsylvania Energy and Innovation Summit on July 14, in Oakland. Protests were planned around President Donald Trump’s scheduled visit to Tuesday’s summit, hosted by Sen. Dave McCormick. (Photo by Stephanie Strasburg/PublicSource)

According to the announcement, the money will be private-sector investments and will create tens of thousands of jobs, positioning Pennsylvania as a leading hub for energy, artificial intelligence and innovation.

Pennsylvania's energy and tech sectors are buzzing with excitement as a star-studded summit kicks off at Carnegie Mellon University. See the latest news and updates from today's Energy and Innovation Summit held in Pittsburgh.

CNBC's Brian Sullivan reports on news coming out of the Pennsylvania Energy and Innovation Summit in Pittsburgh.

Critics worry that the summit’s focus on Pa.’s fossil fuel resources will neglect the potential climate impacts.

Pennsylvania's Energy Summit unveils $90B+ in potential investments, with major projects from GE Vernova, Blackstone, and Capital Power announced.

During the visit, President Trump will be joined by Pennsylvania Senator Dave McCormick, who is hosting the inaugural Pennsylvania Energy and Innovation Summit. It looks to bring together the top leaders in the energy, AI, global investment, labor, and trade sectors, and government officials.

The AMPP Oman Chapter, in collaboration with Petroleum Development Oman (PDO) and the Oman Society for Engineering (OSE), is proud