By Scott Murdoch and Anousha Sakoui SYDNEY/LONDON (Reuters) – A major group of Country Garden offshore bondholders has appointed PJT Partners as financial advisors to …
Biden Admin Has Issued Lowest Amount Of Offshore Oil Permits In Almost 20 Years Nick Pope on October 10, 2023 The Biden administration has approved …
LACEY TOWNSHIP, NJ – New Jersey’s inaugural offshore wind farm began its onshore construction phase in Lacey Township on Oct. 2. The work is scheduled …
By Scott Murdoch and Clare Jim SYDNEY (Reuters) – China Evergrande Group’s offshore bondholder group said on Monday it was surprised by the property developer’s …
POINT PLEASANT BEACH, NJ – Rep. Chris Smith (R-Manchester) voiced his concerns about the offshore wind industrialization initiatives by President Biden and Governor Murphy during …
(Reuters) – Three U.S. states in New England – Massachusetts, Rhode Island and Connecticut – on Wednesday agreed to jointly procure offshore wind power as …
BRASILIA (Reuters) – The Brazilian government wants Congress to pass a bill this week that would tax offshore and closed-end funds, and change an instrument …
TRENTON, NJ – Support for building wind turbines off the coast of New Jersey has declined notably in the past four years, especially in coastal …
By Nichola Groom and Jarrett Renshaw (Reuters) -The Biden administration’s plan to slash offshore oil and gas leasing drew fire from both the fossil fuel …
By Scott Murdoch SYDNEY (Reuters) – China Evergrande Group sold its luxury superyacht for about $32 million earlier this year, said two sources, further shrinking …
Nick Pope on September 25, 2023 Former President Donald Trump asserted during a Monday speech in South Carolina that offshore wind development is driving the …
A half-century before New Jersey’s current offshore wind farm debate, an audacious plan for a floating nuclear power plant captivated and divided the Jersey Shore …
TOMS RIVER, NJ – Ben Giovine, a Democrat candidate running for mayor in Toms River said he would support offshore windmill projects as long as …
ATLANTIC CITY, NJ – On Friday, September 22, NOAA Fisheries will initiate a 30-day public comment period for proposed regulations related to Atlantic Shores’ Atlantic …
WASHINGTON, D.C. – With offshore wind projects being blamed for the increase in deaths in whale species in New Jersey and along the East Coast …
TRENTON, NJ – Six northeastern state governors, including New Jersey Governor Phil Murphy, are petitioning the Biden Administration for federal support to prevent wind energy …
NEW YORK, NY – Ors Nipper, CEO of Danish offshore wind energy company Orsted, announced troubling developments for the renewable energy sector, particularly affecting New …
By Scott DiSavino and Nichola Groom (Reuters) – U.S. President Joe Biden’s plan to deploy 30,000 megawatts (MW) of offshore wind by 2030 is still …
TRENTON, NJ – It’s no secret. Wind energy companies are starting to get cold feet and are hoping the federal government bails them out. Now, …
(Reuters) – The U.S. has no large-scale commercial wind farms in operation today, but President Joe Biden’s administration aims to have 30 gigawatt (GW) installed …
(Reuters) -Embattled property developer China Evergrande Group said on Friday it has delayed making a decision on offshore debt restructuring from September to next month. …
Offshore Wind Industry Facing Massive Headwinds As Enthusiasm Dwindles, Losses Mount Nick Pope on September 6, 2023 The U.S. offshore wind industry has struggled in …
By Nichola Groom (Reuters) – A fleet of U.S. offshore wind projects central to President Joe Biden’s climate change agenda may not move forward unless …
DELAWARE, DE – Beginning on Saturday, September 9, Danish energy company Ørsted will recommence its near-shore surveys off Delaware’s coast. The company aims to identify …
DAVID BLACKMON: Energy Companies Want Nothing To Do With Biden’s Botched Offshore Wind Projects David Blackmon on September 2, 2023 Is investor interest in committing …
Orsted, the Danish company seeking to build a massive wind farm off the coast of New Jersey has been dealt multiple financial blows this week. …
The shifting tides of public opinion on energy development are evident in New Jersey, according to a recent Monmouth University Poll. Support for offshore wind …
ATLANTIC CITY, NJ – Orsted, the company tasked by New Jersey Governor Phil Murphy saw its shares plummet today in a sign of bad news …
By Xie Yu HONG KONG (Reuters) – Some offshore creditors of embattled Chinese developer Country Garden are in talks with a New York-based law firm …
Biden Admin’s Offshore Wind Leases Flop In The Gulf Of Mexico Nick Pope on August 29, 2023 The Biden administration’s Tuesday sale of leases for …
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) -Disillusioned with a weak stock market at home, geopolitical risks and a falling currency, Chinese investors …
(Reuters) – Brazilian President Luiz Inacio Lula da Silva on Monday will sign an executive measure to tax closed-end funds and a bill to tax …
‘Couldn’t Care Less’: Green Groups Let Offshore Wind Off The Hook As Mysterious Whale Deaths Surge Nick Pope on August 27, 2023 Several environmentalist groups …
TRENTON, NJ – While Texas grapples with energy shortfalls, the limitations of wind and solar power are coming into focus. During peak demand, these renewable …
By Valerie Volcovici WASHINGTON (Reuters) – The U.S. Interior Department on Tuesday approved the construction of a 704 megawatt (MW) wind farm off the coast …
Biden Admin To Green Light Another Massive Offshore Wind Farm Amid Industry Troubles, Mounting Whale Deaths Nick Pope on August 22, 2023 The Biden administration …
ATLANTIC CITY, NJ — Concerns over the increase in whale and dolphin deaths along the Jersey Shore have ignited protests against Governor Phil Murphy’s support …
Blue State Mulls Massive Offshore Wind Project Despite Industry Uncertainty, East Coast Whale Deaths Nick Pope on August 14, 2023 California is considering approving a …
TRENTON, NJ – Recent reports have brought attention to the significant increase in whale and dolphin deaths along the Jersey Shore. In what used to …
ATLANTIC CITY, NJ – The final nail in the coffin for offshore wind energy projects on the East Coast might be in danger by the …
LONG BEACH ISLAND, NJ – There will be another offshore wind turbine farm off the coast of New Jersey. New Jersey’s Board has approved a …
By America Hernandez PARIS (Reuters) – French energy company TotalEnergies does not believe it overpaid for a record-breaking German offshore seabed lease this month, despite …
Companies Are Abandoning Massive Offshore Wind Projects As Prices Skyrocket Nick Pope on July 24, 2023 Billions of dollars in scheduled offshore wind developments in …
House Passes Amendment That Would Force Biden To Confirm Offshore Wind Doesn’t Interfere With Aviation Nick Pope on July 20, 2023 The House passed an …
Biden Announces First Offshore Wind Lease In Gulf Of Mexico John Hugh DeMastri on July 20, 2023 President Joe Biden will announce the first offshore …
SHANGHAI (Reuters) – China’s major state-owned banks were seen selling dollars to buy yuan in the offshore spot market in early Asian trades on Thursday, …
TOKYO (Reuters) – Japan’s Toshiba plans to establish a domestic supply chain for offshore wind power equipment together with U.S. manufacturer General Electric, Nikkei reported …
By Vera Eckert and Susanna Twidale FRANKFURT/LONDON (Reuters) – Energy majors BP and TotalEnergies have won a 7 gigawatt (GW) offshore wind site auction in …