OPEC+ oil cuts deepen energy crisis

Several major oil-exporting nations, including Saudi Arabia and Iraq, have announced surprise production cuts as the world continues to grapple with an ongoing energy crisis

Navigating net zero in a recession: 5 incremental steps for manufacturers

Paul Miller, Sales Director at renewable energy company Drax

Will business energy bill support be halved?

The move is expected to reduce taxpayers’ bill

Winter energy bill estimates break the £4,000 mark for first time

Households could see bills jump as high as £4,210 in January, new analysis finds

“Total halt of Russian energy exports to Europe could put UK’s energy security at risk”

Europe could face a ‘severe recession’ if Vladimir Putin turns off the gas flows, according to a report

Germany looking at nationalising Russian energy giants to protect supply

It is looking to nationalise Gazprom and Rosneft to cut Russian influence in the German market

‘Water sector could feel more pressure in post-coronavirus era’

That’s the suggestion from Josh Gill, CEO at Everflow Group who spoke to ELN about how the pandemic is affecting the water market

‘An economic crash could cost more lives than the coronavirus’

Professor of Risk Management tells ELN the economic fallout from lockdown could be more deadly than the virus itself

Brazil cancels 25 green projects

Brazil has cancelled 25 renewable projects after developers requested to return construction licences. In total, 16 wind farms and nine solar parks were scrapped as financially struggling firms were allowed to step back from their plans by paying a combined total of $33.4 million (£26m) in fees. The move marks the country’s first ‘cancellation round’ for […]

npower owner to cut 6,700 jobs across Europe

The npower owner RWE has said it is to cut 6,700 jobs across Europe, after predicting a difficult next year in the company’s third quarter results. A spokesperson told ELN the equivalent of this many jobs would be cut but it was unclear exactly what this entails. RWE has announced its profits (EBITDA – Earnings […]