(Reuters) – The Biden administration’s sale of offshore wind development rights off the coast of California drew $757.1 million in high bids from developers seeking …
(Reuters) – A U.S. watchdog in a report made public on Thursday asked the federal regulator of offshore oil and gas infrastructure to come up …
By Clare Jim HONG KONG (Reuters) – Property developer China Evergrande Group plans to use domestic assets as sweeteners to win offshore creditor approval for …
By Xie Yu HONG KONG (Reuters) – Chinese property developer Greenland Holdings Corp said on Monday it was seeking its offshore bondholders’ approval to extend …
New Jersey is now in the process of building huge off-shore wind energy farms right off the coast of the Jersey Shore. The plan has …
Biden Admin Puts Off Correcting Math Mistake Stalling Offshore Drilling, Industry Group Alleges Jack McEvoy on October 18, 2022 The Biden administration has not …
BERLIN (Reuters) – Mercedes-Benz has struck a preliminary agreement with an offshore wind provider to supply electricity equivalent to 25% of its demand in Germany …
HONG KONG (Reuters) – Shanghai-based property developer CIFI Holdings said in a Thursday filing it did not meet certain offshore scheduled interest and amortisation payments …
By Riham Alkousaa, John O’Donnell and Patricia Weiss BERLIN (Reuters) – Germany’s 200 billion euro ($197 billion) energy aid package will provide limited relief for …
By Arathy Somasekhar HOUSTON (Reuters) -About 11% of oil production in the U.S. Gulf of Mexico was shut on Tuesday as a powerful Hurricane Ian …
By Sonali Paul MELBOURNE (Reuters) – Under a new government, Australia is shaping up to be the next big market for offshore wind developers, attracting …
MANILA (Reuters) – The Philippines will stop operations of 175 offshore gambling firms and deport about 40,000 Chinese workers, a justice ministry official said on …
(Reuters) – The Biden administration on Thursday unveiled a plan to accelerate development of next-generation floating offshore wind farms by slashing the cost of the …
COPENHAGEN (Reuters) – Eight European Union countries bordering the Baltic Sea have agreed to increase offshore wind power generation capacity sevenfold by 2030 to decrease …
TAIPEI (Reuters) – Taiwan’s military on Tuesday fired warning shots at a Chinese drone which buzzed an islet controlled by Taiwan near the Chinese coast, …
LOS ANGELES – A Texas-based oil company and two of its subsidiaries have agreed to plead guilty to violating the federal Clean Water Act, …
(Reuters) – Measurements of methane emissions from shallow water oil and gas platforms in the U.S. Gulf of Mexico found they were substantially higher than …
EDINBURG, Texas – Rio Grande Valley Sector (RGV) Border Patrol agents interdicted six migrant smuggling events with the assistance of local law enforcement agencies. On …
Biden Administration Looks To Halt Offshore Drilling In Atlantic, Pacific Amid Energy Crisis Jack McEvoy on July 1, 2022 The Biden administration announced a five-year …
Biden Admin Considers Banning All Offshore Drilling As Energy Crisis Worsens: REPORT Jack McEvoy on June 23, 2022 The Biden administration is mulling the prospect …
WASHINGTON -The Biden administration is partnering with 11 East Coast states to accelerate development of offshore wind facilities and create jobs by supporting a domestic …
By Byron Kaye SYDNEY – Australia’s biggest building materials manufacturers are cutting back operations, hiking prices and considering moving production offshore to manage a spike …
Federal Court Blocks Offshore Fracking In Major Win For Environmentalists Thomas Catenacci on June 6, 2022 A federal appeals panel ordered all offshore fracking in …
Biden May Not Hold Any Offshore Oil And Gas Leases Until The End Of His Term, Industry Group Says Thomas Catenacci on May 20, 2022 …
OSLO – A new set of factors beyond bidding price is gaining traction in global tenders to award licences for offshore wind farms and will …
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 …
(Reuters) – Oil major BP has submitted bids to develop two offshore wind power leases in the Netherlands, it said on Thursday, as the company …
By Nora Buli OSLO – Norway unveiled plans on Wednesday for a major expansion in offshore wind energy by 2040, aiming to turn a country …
As Right Whales Face Extinction, Wind Power Gives Millions to Environmental Groups from Maryland to Massachusetts NANTUCKET, Mass., April 27, 2022 — From Maryland to …
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 …
HONG KONG – China’s Zhenro Properties said it has missed interest payments on two offshore bonds and expects four more defaults in the coming months …
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 …
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 …
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 …
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, …
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 …
By Selena Li and Samuel Shen HONG KONG – Chinese authorities will address the concerns of international investors when finalising new rules for offshore listings, …
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 …
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 …
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 …
“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,” …
– Two European energy companies on Thursday said they reached a deal with New York City to transform a Brooklyn port complex into an operations …
– 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 …
SHANGHAI – Standard Chartered Bank (Hong Kong) Ltd said on Monday that it has become the first foreign bank qualified as a direct participant in …
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. …
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’ …