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What the ruling means for Scotland’s energy industry
30 Jan 2025 19:40 GMT
… — applied through Westminster’s energy profit levy — is punitively … Harbour Energy, the North Sea’s largest producer, cutting jobs in … damaging for a key sector within the Scottish economy … transition for oil and gas workers into renewable energy roles so …
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Senate panel approves two energy bills proposed by Senator Gene Yaw
30 Jan 2025 12:59 GMT
… represent significant steps in ensuring energy reliability, sustainability and affordability … electricity rates for consumers, job cuts in energy and manufacturing sectors, and closures of power … Pennsylvania's diverse energy portfolio by saying, …
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EU vows ‘action plan’ for beleaguered auto sector
30 Jan 2025 12:15 GMT
… pressure to help a sector that employs 13 million … that low productivity, high energy prices, weak investments and … electric vehicles (EV) and increased competition from China.
Announcements of possible job cuts … the sale of fossil fuel-burning cars being phased …
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Electricity prices in South Africa: a breaking point is near
30 Jan 2025 10:44 GMT
… electricity prices can be expected to lead to job cuts … cut jobs or reduce their capacity, which in turn reduces consumer spending power … certainty for private sector investment, the transition … by prioritising solar as a primary renewable energy source can …
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EU Holds Auto Talks To Revive Embattled Car Sector
30 Jan 2025 07:04 GMT
… that low productivity, high energy prices, weak investments … the sale of fossil fuel-burning cars being … group.
Announcements of possible job cuts have multiplied. Volkswagen reached … sector.
A senior EU official said incentives for businesses to buy electric …
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UK oil company BP cuts jobs to save costs
28 Jan 2025 09:58 GMT
… ) BP, the U.K.-based oil company, is implementing a global … The Associated Press, that these job cuts will account for a significant … its renewable energy efforts and abandoned its prior plan to reduce oil and …
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CNN to cut jobs by 6% amid digital push
23 Jan 2025 15:02 GMT
Mphasis Limited operates as an information technology solutions provider that specializes in cloud and cognitive services in the United States, India, Europe, the Middle East, Africa, and internationally. The company operates through Banking and Financial …
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German Industrial SMEs Push Back On The Country’s Economic Policies
30 Jan 2025 20:34 GMT
… s announcement of 35,000 job cuts by 2030 amid an investigation … businesses, it is mainly high energy prices, availability of raw … Commission. For example, the Green Deal, which was unilaterally announced … for Germany) is tarred by power-brokers and media as “ …
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Workforce cuts on the rise: Oil & gas giants’ cost-saving quests fuel layoffs’ wave
24 Jan 2025 17:22 GMT
… job cuts and pulling further away from the green energy … power and industry and delivering stability to electricity grids alongside wind and solar … potential job reductions in the … oil and gas ecosystem to slash carbon emissions and prioritize renewable energy …
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Glen Dimplex's plan to cut 70 jobs in Dunleer called a 'disaster' by Labour TD
30 Jan 2025 18:10 GMT
… itself for growth in the electric heating markets in Europe. A … remains firmly committed to the energy transition and the Newry plant … Glen Dimplex has had to cut jobs at the Dunleer plant and …