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Citigroup joins US lenders in exiting Net-Zero Banking Alliance
This move makes Citigroup the third major U.S. lender to exit the group after Wells Fargo and Goldman Sachs.
Nippon Steel offers US government veto power in bid for US Steel approval, source says
Nippon Steel has proposed giving the U.S. government veto power over production cuts at U.S. Steel to secure Biden's approval for their acquisition.
US to issue hydrogen credit rule this week, with path for nuclear, sources say
The long-awaited guidance will provide a pathway for hydrogen produced using nuclear power to access the credits, sources told Reuters.
US LNG gas demand hits record high on last day of the year
U.S. LNG demand hit a record 15.2 bcf on New Year's Eve, with forecasts predicting growth to 17.8 bcf in 2025 amid new...
BMW, Yamaha Motor back US rare earths startup Phoenix Tailings
BMW and Yamaha Motor have invested in U.S. startup Phoenix Tailings to enhance rare earth processing, reducing reliance on China.
Europe’s Russian gas era comes to an end as Ukraine transit stops
Russian gas supplies to Europe via Ukraine will cease on January 1, ending Moscow's dominance in the European gas market.
Ukraine transit operator says Russia has not nominated gas volumes for Jan. 1 so far
Ukraine's gas transit operator said Russia had not nominated any gas flows for Jan. 1 through the Ukrainian pipeline to Europe as of...
Ford to recall 20,484 hybrid SUVs over battery concern
The recall includes certain Ford Escape and luxury Lincoln Corsair vehicles from model years 2020 to 2024.
Puerto Rico’s power grid collapses; could take two days to restore service
Puerto Rico woke up in darkness on Tuesday morning after a power grid failure left nearly all of the island without electricity.
