Focus on Politics
In 2024, China saw warmest year in decades
China recorded its warmest year on record in 2024, with an average temperature of 10.92 degrees Celsius, impacting energy and agriculture.
Russian gas era in Europe ends as Ukraine stops transit
Russia has halted gas exports to Europe via Ukraine as the transit deal expired on January 1, 2025, ending a decade-long route.
UK’s lower-carbon jet fuel mandate comes into force
UK's SAF mandate starts Jan 1, 2025, requiring two per cent sustainable jet fuel, rising to 10 per cent by 2030 and 22...
End of Russian gas via Ukraine sparks unease in eastern Europe
Ukraine has halted Russian gas transit to Europe, prompting Moldova's state of emergency and Slovakia's threats of retaliation.
PJM responds to Pennsylvania Governor’s complaint over power market rules
PJM Interconnection responded to PA Governor Shapiro's complaint, citing power shortages due to rapid data center expansion.
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.
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...
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...
