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offshore

This Could Be The Last Jersey Shore Summer Without Offshore Wind Turbines Blocking Your View

May 26, 2024May 26, 2024
This could be the last jersey shore summer without offshore wind turbines blocking your view - photo licensed by shore news network.

TRENTON, NJ – New Jerseyans are taking to the beaches this weekend, but while many are taking notice of the scenic beauty that is the …

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Murphy Supports Murphy Plan For Offshore Wind Farms in New Jersey

May 17, 2024
Murphy supports murphy plan for offshore wind farms in new jersey - photo licensed by shore news network.

MOUNT LAUREL, NJ – Assemblywoman Carol Murphy, who is currently running for Congress, has voiced strong support for the development of offshore wind energy projects …

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Environmental Groups File Lawsuit Against New Jersey Offshore Windmill Plan

May 13, 2024
Environmental groups file lawsuit against new jersey offshore windmill plan - photo licensed by shore news network.

Three anti-wind power advocacy groups have initiated a legal battle against the state of New Jersey, aiming to revoke a critical environmental permit for the …

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New Jersey Senate Bill to End Offshore Wind Project Charges to Ratepayers

May 4, 2024
New jersey senate bill to end offshore wind project charges to ratepayers - photo licensed by shore news network.

TRENTON, NJ — A new bill introduced on Wednesday aims to prohibit the collection of certain costs associated with offshore wind projects from New Jersey …

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Five Plead Guilty In Multi-Million Dollar Conspiracy To Launder Computer Fraud Proceeds Offshore To Chinese Companies

May 2, 2024
Five plead guilty in multi-million dollar conspiracy to launder computer fraud proceeds offshore to chinese companies - photo licensed by shore news network.

Defendant Orlando, Florida – United States Attorney Roger B. Handberg announces that five individuals have pleaded guilty to a total of 35 counts of conspiracy …

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It’s Been A Brutal Year For Offshore Wind — Despite Analysts’ Best Guesses

April 29, 2024
It’s been a brutal year for offshore wind — despite analysts’ best guesses - photo licensed by shore news network.

Some analysts predicted that the U.S. offshore wind industry would bounce back after a rough 2023, but many of the same problems that plagued the …

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3 Blue State Offshore Wind Projects Scrapped In Blow To Biden’s Green Agenda

April 20, 2024
3 blue state offshore wind projects scrapped in blow to biden’s green agenda - photo licensed by shore news network.

Three New York offshore wind projects were canceled Friday in the latest sign of trouble for the stumbling industry and President Joe Biden’s green energy …

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Facebook Fact Checking, Censoring New Jerseyeans Critical of Offshore Wind Energy

April 11, 2024
Facebook fact checking, censoring new jerseyeans critical of offshore wind energy - photo licensed by shore news network.

TOMS RIVER, NJ – As New Jersey Governor Phil Murphy continues his fight to make offshore wind energy production a reality of the Jersey Shore …

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Con Edison Proposes Construction of Vital Offshore Wind Energy Conduit to Power Station in Howell Township

April 5, 2024
Con edison proposes construction of vital offshore wind energy conduit to power station in howell township - photo licensed by shore news network.

HOWELL TOWNSHIP, NJ — National Grid Venturesand Con Edison Transmission have jointly proposed the construction of the Garden State Energy Path. This infrastructure project aims …

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Shore Towns Unite in Fight Against Phil Murphy’s Offshore Wind Projects

March 29, 2024
Shore towns unite in fight against phil murphy's offshore wind projects - photo licensed by shore news network.

TOMS RIVER, NJ – Eight New Jersey shore towns, through legal representation by Pashman Stein Walder Hayden P.C., have reiterated their opposition to proposed offshore …

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Federal Review of Murphy’s 157 Offshore Wind Turbines Planned Just 8 Miles from New Jersey Coast

March 24, 2024
Federal review of murphy's 157 offshore wind turbines planned just 8 miles from new jersey coast - photo licensed by shore news network.

Federal Review Begins for New Jersey’s Offshore Wind Project ATLANTIC CITY, N.J. — The Atlantic Shores offshore wind power project, planned to be situated approximately …

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New Jersey Governor Mocks Whale Deaths While Pushing Ahead on Offshore Wind

March 2, 2024
Photo of dead whale that washed ashore in brigantine. Photo by mmsc

Controversy Surrounds Governor Murphy’s Remarks on Whale Deaths TRENTON, NJ — New Jersey Governor Phil Murphy recently sparked controversy with a comment that appeared to …

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New Jersey Continues Hard Push for Offshore Wind Despite Multiple Setbacks

March 2, 2024
New jersey continues hard push for offshore wind despite multiple setbacks - photo licensed by shore news network.

SICKLERVILLE, NEW JERSEY — The Murphy Administration, alongside New Jersey’s key state agencies and stakeholders, highlighted the transformative impact of the state’s latest offshore wind …

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Governor Murphy Pressing Ahead on Offshore Wind Despite Setbacks

February 23, 2024
Governor murphy pressing ahead on offshore wind despite setbacks - photo licensed by shore news network.

New Jersey Offshore Wind Energy: Updates and Developments in 2024 Trenton, NJ – New Jersey’s commitment to offshore wind energy remains unwavering despite recent setbacks. …

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Major Industry Group Hits Biden Admin With Legal Challenge Over Offshore Oil And Gas Leasing Schedule

February 13, 2024

Major Industry Group Hits Biden Admin With Legal Challenge Over Offshore Oil And Gas Leasing Schedule Nick Pope on February 12, 2024 The American Petroleum …

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New Jersey Congressmen Slam Offshore Wind As Murphy Pushes Forward

January 28, 2024
New jersey congressmen slam offshore wind as murphy pushes forward - photo licensed by shore news network.

TOMS RIVER, NJ – A recent hearing on offshore wind projects, attended by Atlantic Coast lawmakers, has sparked intense debate over the impact of these …

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Wind Energy Consortium Applauds Murphy’s Plan to Move Forward on Offshore Energy Agenda

January 24, 2024
Wind energy consortium applauds murphy's plan to move forward on offshore energy agenda - photo licensed by shore news network.

New Jersey Accelerates Clean Energy Transition with New Offshore Wind Projects TRENTON – The New Jersey Wind Works Coalition has praised Governor Murphy’s administration and …

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Exclusive-China Evergrande offshore bondholder group to join liquidation petition – sources

January 24, 2024
Exclusive-china evergrande offshore bondholder group to join liquidation petition - sources - photo licensed by shore news network.

By Clare Jim HONG KONG (Reuters) – A key offshore bondholder group of China Evergrande plans to join a petition to liquidate the developer at …

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Environmental Laws That Impeded Pipelines For Years Could Trip Up Biden’s Sprint Toward Offshore Wind

January 23, 2024

Environmental Laws That Impeded Pipelines For Years Could Trip Up Biden’s Sprint Toward Offshore Wind Nick Pope on January 22, 2024 Landmark environmental laws leveraged …

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Country Garden appoints KPMG adviser for offshore debt restructuring

January 16, 2024
Country garden appoints kpmg adviser for offshore debt restructuring - photo licensed by shore news network.

(Reuters) – Beleaguered property developer Country Garden said on Tuesday it has appointed KPMG Advisory (China) Ltd as its principal financial adviser for its offshore …

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Exclusive-China’s Harvest Fund cuts Hong Kong staff in pullback from offshore business, sources say

January 12, 2024January 12, 2024
Exclusive-china's harvest fund cuts hong kong staff in pullback from offshore business, sources say - photo licensed by shore news network.

By Xie Yu and Selena Li HONG KONG (Reuters) – Harvest Fund Management, which manages $210 billion in assets, has laid off more than one-third …

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Enbridge eyes France for offshore wind investments and will avoid US

January 11, 2024
Enbridge eyes france for offshore wind investments and will avoid us - photo licensed by shore news network.

By Rod Nickel WINNIPEG, Canada (Reuters) – Canadian pipeline company Enbridge is keen on further offshore wind investments in France, but will avoid the United …

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Another Offshore Wind Farm Project Off the Jersey Shore Bites the Dust

January 6, 2024
Another offshore wind farm project off the jersey shore bites the dust - photo licensed by shore news network.

NEW YORK, NY – Equinor (EQNR.OL) and BP (BP.L) announced the termination of their power sale agreement with New York State for the proposed Empire …

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Exclusive-China’s state banks act to stem yuan slide onshore and offshore -sources

January 5, 2024
Exclusive-china's state banks act to stem yuan slide onshore and offshore -sources - photo licensed by shore news network.

SHANGHAI/BEIJING (Reuters) – China’s major state-owned banks were active in onshore and offshore foreign exchange markets this week trying to contain the yuan’s slide, four …

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Federal Agency Says Offshore Wind Farm Could Adversely Affect Whales, But Not Kill Them

December 20, 2023
Sperm whale diving and splashing with huge tail

ATLANTIC CITY, NJ – There’s bad news for whales and those who are trying to protect the New Jersey shoreline from massive offshore wind energy …

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Biden Admin Locks In Skimpiest Offshore Oil And Gas Leasing Schedule In US History As Prices Remain High At The Pump

December 16, 2023

Biden Admin Locks In Skimpiest Offshore Oil And Gas Leasing Schedule In US History As Prices Remain High At The Pump Nick Pope on December …

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Memorial Service to be Held for Whales, Dolphins Allegedly Killed by Offshore Sonar Mapping

December 8, 2023
Memorial service to be held for whales, dolphins allegedly killed by offshore sonar mapping - photo licensed by shore news network.

OCEAN CITY, NJ – New Jersey residents, led by organizers Kathleen Harper and Nancy Hutchinson, is coming together for a memorial event. “Save the East …

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Chinese developer Shimao trades flat after issuing plan to revamp offshore debt

December 7, 2023
Chinese developer shimao trades flat after issuing plan to revamp offshore debt - photo licensed by shore news network.

HONG KONG (Reuters) – Shares in Chinese property developer Shimao Group were flat on Friday after it issued a restructuring plan to reduce up to …

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New Study Warns Offshore Windfarms Can Cause Ocean Dead Zones

December 2, 2023
New study warns offshore windfarms can cause ocean dead zones - photo licensed by shore news network.

TRENTON, NJ – A recent study by the National Academy of Sciences has brought to light concerns regarding the potential impact of offshore wind farms …

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Phil Murphy Tells BPU to Fast Track Offshore Wind Solicitations After Orsted Withdrawal

November 29, 2023
Phil murphy tells bpu to fast track offshore wind solicitations after orsted withdrawal - photo licensed by shore news network.

TRENTON, NJ – New Jersey Governor Phil Murphy is not giving up his fight after suffering a defeat in his offshore wind energy battle. Today, …

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Offshore Wind Will Be A Reality in New Jersey, Gov Says After Major Setback

November 28, 2023
Wind turbines off the shore of a beach

TRENTON, NJ – Offshore wind energy will be a reality for New Jersey. According to Governor Phil Murphy, who is still reeling from a major …

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Exclusive-Venezuela close to approving offshore gas license with Trinidad, Shell

November 20, 2023
Exclusive-venezuela close to approving offshore gas license with trinidad, shell - photo licensed by shore news network.

By Curtis Williams (Reuters) – Venezuela is close to approving a license for Shell and the National Gas Company of Trinidad and Tobago to develop …

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Biden Admin Throws Lifeline To Drowning Offshore Wind Industry

November 19, 2023
Biden admin throws lifeline to drowning offshore wind industry - photo licensed by shore news network.

Biden Admin Throws Lifeline To Drowning Offshore Wind Industry Harold Hutchison on November 17, 2023 The Biden administration announced Friday it’s proposing extending a tax …

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Exclusive-Country Garden aims to have offshore debt restructuring plan by year end, sources say

November 10, 2023
Exclusive-country garden aims to have offshore debt restructuring plan by year end, sources say - photo licensed by shore news network.

By Xie Yu HONG KONG (Reuters) – China’s embattled Country Garden is aiming to pull together a tentative plan to restructure its offshore debt by …

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New York May Have To Rescue Biden’s Climate Goals As Offshore Wind Flounders

November 5, 2023

New York May Have To Rescue Biden’s Climate Goals As Offshore Wind Flounders Nick Pope on November 4, 2023 New York and other Northeastern states may …

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Fallout Leading Offshore Wind Developer Pulls Plug On Two Projects

November 5, 2023
Fallout leading offshore wind developer pulls plug on two projects - photo licensed by shore news network.

Leading Offshore Wind Developer Pulls Plug On Two Projects Nick Pope on October 31, 2023 A major offshore wind developer announced that it is cancelling …

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Ship shortage dealt death blow to Orsted’s NJ offshore wind hopes

November 4, 2023November 4, 2023
Ship shortage dealt death blow to orsted's nj offshore wind hopes - photo licensed by shore news network.

By Scott DiSavino (Reuters) – Danish energy firm Orsted’s shock decision to cancel two offshore wind farms off New Jersey this week was based in …

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New Jersey Wind Energy Collapse Exposes Economic Unsustainability in Offshore Turbine

November 3, 2023
New jersey wind energy collapse exposes economic unsustainability in offshore turbine - photo licensed by shore news network.

TOMS RIVER, NJ — Danish energy company Orsted will discontinue development of two major offshore wind projects, Ocean Wind 1 and 2, near New Jersey, …

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New Jersey Residents Want Offshore Wind Farms, We Will Not Stop, Sierra Club Says

November 2, 2023
New jersey residents want offshore wind farms, we will not stop, sierra club says - photo licensed by shore news network.

A significant shift occurred in the energy sector as Ørsted, a Danish energy company, terminated its Ocean Wind I and II projects off the New …

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Trump Celebrates Defeat of New Jersey’s ‘Horrendous’ Offshore Wind Farm

November 2, 2023
Trump celebrates defeat of new jersey's 'horrendous' offshore wind farm - photo licensed by shore news network.

BEDMINSTER, NJ – Former U.S. President Donald J. Trump celebrated the cancellation of New Jersey’s Ocean Wind 1 and 2 offshore wind energy projects. The …

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O’Scanlon, Scharfenberger & Flynn to Governor Murphy On Offshore Wind – ‘We Told You So.’

November 1, 2023
Sen. Declan O’Scanlon, Asw. Victoria Flynn and Asm. Gerry Scharfenberger released a statement regarding news that the offshore wind energy dealings between Ørsted and New Jersey are seemingly collapsing.

ICYMI: Testa Statement on Ørsted Withdrawing from Offshore Wind Project

November 1, 2023
In response to Ørsted’s announcement that it is withdrawing from New Jersey’s offshore wind project, Senator Michael Testa issued the following statement.

Statement by Senate Minority Leader Bucco on Orsted Withdrawing From Offshore Wind Project

November 1, 2023
Sen. Anthony M. Bucco issued the following statement in response to Orsted announcing that they are withdrawing from New Jersey’s offshore wind project.

New Jersey Legislators Call To Halt All Future Offshore Wind Bailouts After Murphy Wind Farm Fails

November 1, 2023
New jersey legislators call to halt all future offshore wind bailouts after murphy wind farm fails - photo licensed by shore news network.

TRENTON, NJ – Following recent news about the faltering offshore wind energy agreements between Ørsted and New Jersey, Senator Declan O’Scanlon, Assemblywoman Victoria Flynn, and …

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New Jersey Governor Murphy’s Offshore Wind Farm Sinks as Company Pulls Plug

November 1, 2023
New jersey governor murphy's offshore wind farm sinks as company pulls plug - photo licensed by shore news network.

TRENTON, NJ – New Jersey Governor Phil Murphy was dealt a stunning blow today as 0rsted, the company that planned to build two massive wind …

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Exclusive: Evergrande proposes offshore creditors get 30% equity stake in subsidiaries -sources

November 1, 2023November 1, 2023
Exclusive: evergrande proposes offshore creditors get 30% equity stake in subsidiaries -sources - photo licensed by shore news network.

By Xie Yu and Julie Zhu HONG KONG (Reuters) – China Evergrande has proposed a new debt restructuring plan for offshore bondholders, offering to swap …

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Offshore Wind Industry May Need a Federal Bailout to Continue Projects Like the One in New Jersey

October 29, 2023
Offshore wind industry may need a federal bailout to continue projects like the one in new jersey - photo licensed by shore news network.

WASHINGTON, D.C. – A bailout package for the beleaguered offshore wind industry may be on the horizon, according to energy industry and policy experts. Despite …

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‘On Life Support’: A Bailout For Offshore Wind May Be Right Around The Corner, Experts Say

October 27, 2023

‘On Life Support’: A Bailout For Offshore Wind May Be Right Around The Corner, Experts Say Nick Pope on October 26, 2023 The federal government …

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Public Support for Offshore Wind Energy in New Jersey Plummets

October 26, 2023
Public support for offshore wind energy in new jersey plummets - photo licensed by shore news network.

GALLOWAY, NJ — A recent Stockton University Poll reveals that support for constructing offshore wind turbines has significantly declined over the past four years, particularly …

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Governor Hochul Nixes Bill for Offshore Wind Project in New York State

October 20, 2023
Governor hochul nixes bill for offshore wind project in new york state - photo licensed by shore news network.

NEW YORK — Governor Kathy Hochul vetoed a bill on Friday that would have supported offshore wind energy developments in New York. Originally approved during …

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