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.
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.
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.
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