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 a record low number of …
Topic:
offshore
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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 to extend into Island Beach …
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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 recent announcement that its offshore …
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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 a rally at Point Pleasant …
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(Reuters) – Three U.S. states in New England – Massachusetts, Rhode Island and Connecticut – on Wednesday agreed to jointly procure offshore wind power as soaring interest rates and rising …
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Brazil’s government seeks Congress vote on bill taxing offshore, closed-end funds this week
by ReutersBRASILIA (Reuters) – The Brazilian government wants Congress to pass a bill this week that would tax offshore and closed-end funds, and change an instrument companies use for shareholder payments, …
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TRENTON, NJ – Support for building wind turbines off the coast of New Jersey has declined notably in the past four years, especially in coastal towns, according to a poll …
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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 industry and environmentalists on Friday, …
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Evergrande sold yacht this year, say sources, as creditors sharpen focus on offshore assets
by ReutersBy Scott Murdoch SYDNEY (Reuters) – China Evergrande Group sold its luxury superyacht for about $32 million earlier this year, said two sources, further shrinking the developer’s offshore assets as …
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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 recent spike in whale deaths …
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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 community. In the early 1970s, …
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At Work, Giovine Says Yes to Offshore Wind Farms, As Candidate for Mayor He Dodges Question
by Phil StiltonTOMS RIVER, NJ – Ben Giovine, a Democrat candidate running for mayor in Toms River said he would support offshore windmill projects as long as they are done in a …
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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 Shores South Project. The offshore …
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Federal Report Confirms Offshore Wind Effect on Whales Produces ‘Temporary Behavioral Changes’
by Phil StiltonWASHINGTON, D.C. – With offshore wind projects being blamed for the increase in deaths in whale species in New Jersey and along the East Coast in 2023, the NOAA has …
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TRENTON, NJ – Six northeastern state governors, including New Jersey Governor Phil Murphy, are petitioning the Biden Administration for federal support to prevent wind energy projects from stalling due to …
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CEO of New Jersey’s Offshore Wind Farm Just Delivered Bad News for Governor Phil Murphy
by Phil StiltonNEW YORK, NY – Ors Nipper, CEO of Danish offshore wind energy company Orsted, announced troubling developments for the renewable energy sector, particularly affecting New Jersey Governor Phil Murphy’s wind …
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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 possible, although not easy, the …
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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, governors from six northeastern states, …
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(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 by 2030 to help decarbonize …
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(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. The company delayed the decision …
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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 recent weeks, a development which …
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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 his administration eases requirements for …
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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 optimal landfall sites for cables …
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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 billions of dollars to new …
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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. After the company’s stock tumbled …