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January
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Exxon, Chevron Succumb to Oil-Refining Slump as Tariffs Loom
Profits for Exxon Mobil Corp. and Chevron Corp were slammed by slumping fuel margins as the prospect of US tariffs on two major oil suppliers threatens to make the refining business even worse.
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Germany Opens Way For Gas Beyond 2035 With Subsidy Extension
Germany’s parliament has extended a support scheme for some gas plants by four years to 2030, in a law hurried through just before the general election on Feb. 23.
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India Says China Dominance Is a Risk to Clean Energy Transition
India’s government flagged China’s dominance in clean energy gear as a potential risk to its low-carbon transition, advocating a more diverse global supply chain and targeted incentives.