offshore

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

HONG KONG (Reuters) – Shares in Chinese property developer Shimao Group were flat on Friday after it issued a restructuring plan to reduce up to $7 billion in offshore debt, …

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

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

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

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

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 credit to boost offshore wind …

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 the end of this year, …

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 two major developments on Tuesday …

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 large part on big delays …

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

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 Jersey coast. Governor Murphy has …

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 deal, touted by President Joe …

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 Assemblyman Gerry Scharfenberger, all of …

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

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

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 the Biden administration’s subsidies, high …

GALLOWAY, NJ — A recent Stockton University Poll reveals that support for constructing offshore wind turbines has significantly declined over the past four years, particularly among residents of New Jersey’s …

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