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 …
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offshore
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Breaking NewsCommunity NewsFeatured NewsJersey Shore NewsNew Jersey NewsOcean County News
Winds of Public Support for Offshore Wind Turbines Shifting in New Jersey
by Phil Stiltonby Phil StiltonThe shifting tides of public opinion on energy development are evident in New Jersey, according to a recent Monmouth University Poll. Support for offshore wind energy in the state has …
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Breaking NewsBusiness NewsFeatured NewsNew Jersey News
Stocks for New Jersey’s Offshore Wind Developer Orsted Crash
by Phil Stiltonby Phil StiltonATLANTIC CITY, NJ – Orsted, the company tasked by New Jersey Governor Phil Murphy saw its shares plummet today in a sign of bad news to come for the controversial …
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Business News
Some offshore creditors of Country Garden consider forming group for debt revamp talks
by Reutersby ReutersBy Xie Yu HONG KONG (Reuters) – Some offshore creditors of embattled Chinese developer Country Garden are in talks with a New York-based law firm and are considering options including …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Biden Admin’s Offshore Wind Leases Flop In The Gulf Of Mexico
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 offshore wind projects in the …
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Business News
Analysis-Chinese investors rush to offshore funds to offset domestic risks
by Reutersby ReutersBy 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 are pouring money into investment …
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(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 offshore funds, according to a …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
‘Couldn’t Care Less’: Green Groups Let Offshore Wind Off The Hook As Mysterious Whale Deaths Surge
‘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 campaign against offshore oil and …
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Breaking NewsFeatured NewsOpinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Wind and Solar Have Failed Texas as New Jersey Stakes its Future Offshore
by Phil Stiltonby Phil StiltonTRENTON, NJ – While Texas grapples with energy shortfalls, the limitations of wind and solar power are coming into focus. During peak demand, these renewable resources have often failed to …
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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 of Rhode Island, the fourth …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Biden Admin To Green Light Another Massive Offshore Wind Farm Amid Industry Troubles, Mounting Whale Deaths
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 is expected to officially approve …
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Breaking NewsFeatured NewsGovernment NewsJersey Shore NewsNew Jersey News
Hundreds Protest New Jersey’s Offshore Wind Farms
by Phil Stiltonby Phil StiltonATLANTIC CITY, NJ — Concerns over the increase in whale and dolphin deaths along the Jersey Shore have ignited protests against Governor Phil Murphy’s support for offshore wind energy. On …
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New Jersey News
Leaders Bucco and DiMaio Express Concerns About Offshore Wind Development and Request Action in Letter to Democrat Leadership
Sen. Anthony M. Bucco and Asm. John DiMaio sent a letter to Democrat leadership expressing concerns about the environmental and economic impacts of offshore wind development.
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Blue State Mulls Massive Offshore Wind Project Despite Industry Uncertainty, East Coast Whale Deaths
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 proposal for a massive offshore …
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Breaking NewsFeatured NewsJersey Shore NewsNew Jersey NewsOcean County News
Whale Deaths at Jersey Shore: Is Offshore Sonar Mapping to Blame?
by Phil Stiltonby Phil StiltonTRENTON, NJ – Recent reports have brought attention to the significant increase in whale and dolphin deaths along the Jersey Shore. In what used to be a rare occurrence, approximately …
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Breaking NewsFeatured NewsGovernment NewsNew Jersey News
The Financial Viability of New Jersey’s Offshore Wind Energy Projects Possibly in Jeopardy
by Phil Stiltonby Phil StiltonATLANTIC CITY, NJ – The final nail in the coffin for offshore wind energy projects on the East Coast might be in danger by the policies of the very same …
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New Jersey News
After Democrat’s $1 Billion Bailout of Foreign Wind Developer, Bucco Renews Call for Offshore Wind Moratorium to Assess True Impacts to Ratepayers, Environment
Sen. Anthony M. Bucco called on legislators to return to Trenton and vote on a wind moratorium.
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Breaking NewsCommunity NewsFeatured NewsJersey Shore News
New Jersey Approves Fourth Major Offshore Wind Farm; Off LBI Coast
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 project located off the shore …
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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 industry criticism, CEO Patrick Pouyanne …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Companies Are Abandoning Massive Offshore Wind Projects As Prices Skyrocket
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 waters of the U.K. and …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
House Passes Amendment That Would Force Biden To Confirm Offshore Wind Doesn’t Interfere With Aviation
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 amendment Thursday that would force …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Biden Announces First Offshore Wind Lease In Gulf Of Mexico
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 wind lease sale in the …
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Business News
Exclusive-China’s state banks seen selling dollars offshore to slow yuan declines – sources
by Reutersby ReutersSHANGHAI (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, two people with direct knowledge …
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Business News
Toshiba, General Electric to build offshore wind equipment supply chain in Japan-Nikkei
by Reutersby ReutersTOKYO (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 on Saturday, as Japan is …
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Business News
Explainer-How big oil won the bidding for German offshore wind sites
by Reutersby ReutersBy Vera Eckert and Susanna Twidale FRANKFURT/LONDON (Reuters) – Energy majors BP and TotalEnergies have won a 7 gigawatt (GW) offshore wind site auction in Germany worth a record 12.6 …