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 lead discussions with the troubled …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Biden Admin Has Issued Lowest Amount Of Offshore Oil Permits In Almost 20 Years
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 …
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Breaking NewsCommunity NewsFeatured NewsJersey Shore NewsNew Jersey News
Offshore Wind Farm Breaks Ground in Lacey Township as Project Pushes Ahead
by Jeff Jonesby Jeff JonesLACEY 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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Business News
Evergrande offshore bondholders surprised by debt restructuring regulatory hurdles
by Reutersby ReutersBy 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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Breaking NewsNew Jersey News
Enough is Enough! Congressman Says Murphy, Dems Ignoring Offshore Wind Risks
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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Business News
New England states join to buy offshore wind power as US industry struggles
by Reutersby Reuters(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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Business News
Brazil’s government seeks Congress vote on bill taxing offshore, closed-end funds this week
by Reutersby 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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Breaking NewsFeatured NewsNew Jersey News
Support for Offshore Wind Farms in New Jersey Sinks 30% in Latest Poll
by Phil Stiltonby Phil StiltonTRENTON, 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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Business News
Biden angers all sides with scaled back offshore oil drilling plan
by Reutersby ReutersBy 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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Business News
Evergrande sold yacht this year, say sources, as creditors sharpen focus on offshore assets
by Reutersby 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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Breaking NewsFeatured NewsOpinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Offshore Wind Farms Are Killing Whales ‘In Numbers Never Seen Before,’ Trump Says
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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New Jersey Almost Had an Offshore Nuclear Power Plant
by Phil Stiltonby Phil StiltonA 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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Breaking NewsCommunity NewsGovernment NewsNew Jersey NewsPoliticsToms River News
At Work, Giovine Says Yes to Offshore Wind Farms, As Candidate for Mayor He Dodges Question
by Phil Stiltonby 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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Feds to Issue Permit to Offshore Wind Co. to ‘Take’ a Few Endangered Whales During Construction in New Jersey
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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Breaking NewsDelaware NewsFeatured NewsNew Jersey NewsNew York NewsPets and AnimalsVirginia News
Federal Report Confirms Offshore Wind Effect on Whales Produces ‘Temporary Behavioral Changes’
by Phil Stiltonby 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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Phil Murphy Says Offshore Wind ‘At Risk of Failure’ Without Federal Assistance
by Phil Stiltonby Phil StiltonTRENTON, 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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Breaking NewsCommunity NewsFeatured NewsJersey Shore NewsNew Jersey News
CEO of New Jersey’s Offshore Wind Farm Just Delivered Bad News for Governor Phil Murphy
by Phil Stiltonby 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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Business News
Orsted CEO says US offshore wind targets still possible but not easy
by Reutersby ReutersBy 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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Breaking NewsFeatured NewsGovernment NewsNew Jersey News
Phil Murphy Pleads with Feds to Help Save Troubled Offshore Wind Farms
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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US and World News
Factbox-US offshore wind projects facing inflation headwinds
by Reutersby Reuters(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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Business News
China Evergrande delays decision on offshore debt restructuring to October
by Reutersby Reuters(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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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Offshore Wind Industry Facing Massive Headwinds As Enthusiasm Dwindles, Losses Mount
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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Business News
US offshore wind projects seek looser subsidy rules in fight for survival
by Reutersby ReutersBy 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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Breaking NewsCommunity NewsDelaware NewsNew Jersey News
Sonar Mapping for Offshore Wind Project to Resume This Weekend
by Jeff Jonesby Jeff JonesDELAWARE, 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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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
DAVID BLACKMON: Energy Companies Want Nothing To Do With Biden’s Botched Offshore Wind Projects
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 …