offshore

Located 20 nautical miles (37 kilometers) from the coast, the lease covers a 120 square nautical miles area (222 square kilometers) that will generate a capacity of more than 1 …

(Reuters) – Oil major BP has submitted bids to develop two offshore wind power leases in the Netherlands, it said on Thursday, as the company increases its focus on renewable …

By Nora Buli OSLO – Norway unveiled plans on Wednesday for a major expansion in offshore wind energy by 2040, aiming to turn a country that has built its wealth …

As Right Whales Face Extinction, Wind Power Gives Millions to Environmental Groups from Maryland to Massachusetts NANTUCKET, Mass., April 27, 2022 — From Maryland to Massachusetts, Wind Power corporations (most …

The proposed submarine cable manufacturing facility will have a footprint of approximately 30 acres, along with dock access.  Upon approval of the Outerbridge Renewable Connector project, pending before the BPU, …

SAO PAULO – Brazil’s Petrobras said on Thursday that a Rio de Janeiro state court has ruled against the state-run oil company in a case brought up by drilling contractor …

Biden Admin Appears To Quietly Discontinue Offshore Leasing For Nearly Two Years, Budget Shows Thomas Catenacci on March 30, 2022 President Joe Biden’s budget framework released Monday appeared to suggest …

By Valerie Volcovici WASHINGTON -The Biden administration on Friday announced it will hold a wind energy auction for two areas off the coast of North and South Carolina in May …

NJ-Based Company’s Proposals are at least $1 Billion Less Than Competitors Superior Technology, Planning Will Strengthen NJ’s Aging Electrical Grid Significant Benefits for State Economy, Local Labor and Local Communities …

Biden Administration’s Offshore Oil Leasing Policy Will Crush American Energy Security, Experts Say Thomas Catenacci on March 18, 2022 The Biden administration’s policy on offshore oil and gas drilling leasing …

By Selena Li and Samuel Shen HONG KONG – Chinese authorities will address the concerns of international investors when finalising new rules for offshore listings, two sources quoted a senior …

TOKYO – Japan’s Mitsubishi Corp is confident that the three offshore wind farms it won last year in auctions will be profitable despite the low feed-in tariff prices it bid, …

By Oliver Hirt and Brenna Hughes Neghaiwi ZURICH – Switzerland’s secretive banks hold up to $213 billion of Russian wealth, the country’s financial industry association estimates, as sanctions on Russia …

By Selena Li and Samuel Shen HONG KONG – Capital-hungry smaller Chinese startups are vying for speedy offshore listings by merging with blank-check firms at a time when Beijing’s tighter …

“Our success with National Grid in the recent auction signals the start of our commitment to building a network of trust in the local communities,” said Sam Eaton, RWE Executive …

– Australian financial conglomerate Macquarie Group’s green investment unit said on Thursday it would launch an offshore wind energy business, with operations set to start in April. The new business, …

SHANGHAI – Standard Chartered Bank (Hong Kong) Ltd said on Monday that it has become the first foreign bank qualified as a direct participant in China’s Cross-border Interbank Payment System …

Jonathan Lesser on February 3, 2022 Last March, President Joe Biden announced a goal of building 30,000 megawatts (MW) of offshore wind generation by 2030. Doing so will “strengthen the …

– Spanish energy company Repsol SA said on Wednesday it rules out a new offshore oil spill in Peru, after the Peruvian environmental regulatory agency said it was investigating if …

The Biden administration laid out an ambitious plan Wednesday for government-funded wind farms along the east coast, which it said would sustain millions of Americans’ energy needs. Multiple federal agencies …