(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 a foothold in the domestic …
offshore
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Business News
U.S. watchdog seeks cybersecurity strategy for offshore energy infrastructure
by Reutersby Reuters(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 with a cybersecurity strategy for …
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Business News
Exclusive-Evergrande eyes onshore assets as sweetener for offshore debt restructuring -sources
by Reutersby ReutersBy Clare Jim HONG KONG (Reuters) – Property developer China Evergrande Group plans to use domestic assets as sweeteners to win offshore creditor approval for a long-awaited debt-restructuring proposal, two …
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US and World News
Chinese developer Greenland seeks offshore bond payment extension
by Reutersby ReutersBy Xie Yu HONG KONG (Reuters) – Chinese property developer Greenland Holdings Corp said on Monday it was seeking its offshore bondholders’ approval to extend repayment on its bonds due …
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Atlantic County NewsBreaking NewsCape May County NewsCentral Jersey NewsFeatured NewsJersey Shore NewsMonmouth County NewsNew Jersey NewsOcean County NewsOMG!PoliticsUS and World NewsViral NewsWeird and Strange News
Think wind turbines are bad? New Jersey almost had an offshore nuclear power plant
by Phil Stiltonby Phil StiltonNew 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 been met with both support …
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Conservative TimesPoliticsUS and World News
Biden Admin Puts Off Correcting Math Mistake Stalling Offshore Drilling, Industry Group Alleges
Biden Admin Puts Off Correcting Math Mistake Stalling Offshore Drilling, Industry Group Alleges Jack McEvoy on October 18, 2022 The Biden administration has not yet corrected a previous miscalculation …
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US and World News
Mercedes-Benz in preliminary offshore wind deal for electricity from 2027
by Reutersby ReutersBERLIN (Reuters) – Mercedes-Benz has struck a preliminary agreement with an offshore wind provider to supply electricity equivalent to 25% of its demand in Germany from 2027 onwards, a spokesperson …
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US and World News
China’s CIFI misses offshore interest payments due to remittance delay
by Reutersby ReutersHONG KONG (Reuters) – Shanghai-based property developer CIFI Holdings said in a Thursday filing it did not meet certain offshore scheduled interest and amortisation payments due to delay in remittance …
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US and World News
German companies look at offshore production as energy prices rocket
by Reutersby ReutersBy 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 businesses and is unlikely to …
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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 forced oil companies to evacuate …
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US and World News
Australia – a land of promise and hurdles for offshore wind developers
by Reutersby ReutersBy Sonali Paul MELBOURNE (Reuters) – Under a new government, Australia is shaping up to be the next big market for offshore wind developers, attracting interest from the likes of …
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US and World News
Philippines to shut 175 offshore gambling firms, deport 40,000 Chinese workers
by Reutersby ReutersMANILA (Reuters) – The Philippines will stop operations of 175 offshore gambling firms and deport about 40,000 Chinese workers, a justice ministry official said on Monday, part of a crackdown …
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(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 technology by 70% and setting …
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Financial News
Group of EU countries agree on boost to offshore wind power capacity
by Reutersby ReutersCOPENHAGEN (Reuters) – Eight European Union countries bordering the Baltic Sea have agreed to increase offshore wind power generation capacity sevenfold by 2030 to decrease dependency on Russian energy, Denmark’s …
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Top HeadlinesTrending NewsUS and World News
Taiwan fires warning shots at Chinese drone near offshore island
by Reutersby ReutersTAIPEI (Reuters) – Taiwan’s military on Tuesday fired warning shots at a Chinese drone which buzzed an islet controlled by Taiwan near the Chinese coast, a military spokesperson said. The …
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Department of Justice Press Releases
Three Companies Agree to Plead Guilty to Federal Offense and Pay Nearly $13 Million in Federal Fines and Response Costs for Offshore Oil Spill
by DOJ Pressby DOJ PressLOS ANGELES – A Texas-based oil company and two of its subsidiaries have agreed to plead guilty to violating the federal Clean Water Act, pay a $7.1 million criminal …
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Financial News
Methane emissions from U.S. shallow offshore platforms exceed those on land, study finds
by Reutersby Reuters(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 those from drilling on land, …
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EDINBURG, Texas – Rio Grande Valley Sector (RGV) Border Patrol agents interdicted six migrant smuggling events with the assistance of local law enforcement agencies. On August 3, Harlingen Border Patrol …
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Featured NewsTop HeadlinesUS and World News
Biden Administration Looks To Halt Offshore Drilling In Atlantic, Pacific Amid Energy Crisis
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 plan Friday that prevents new …
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Featured NewsTop HeadlinesUS and World News
Biden Admin Considers Banning All Offshore Drilling As Energy Crisis Worsens: REPORT
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 of banning new American offshore …
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Top HeadlinesUS and World News
Biden, 11 U.S. states to boost support for offshore wind energy
by Reutersby ReutersWASHINGTON -The Biden administration is partnering with 11 East Coast states to accelerate development of offshore wind facilities and create jobs by supporting a domestic supply chain for the industry, …
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Financial News
Australia power crisis forces manufacturers to eye offshore moves, production cuts
by Reutersby ReutersBy Byron Kaye SYDNEY – Australia’s biggest building materials manufacturers are cutting back operations, hiking prices and considering moving production offshore to manage a spike in power and gas bills, …
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Featured NewsTop HeadlinesUS and World News
Federal Court Blocks Offshore Fracking In Major Win For Environmentalists
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 federal waters off the California …
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Featured NewsTop HeadlinesUS and World News
Biden May Not Hold Any Offshore Oil And Gas Leases Until The End Of His Term, Industry Group Says
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 The American Petroleum Institute (API), …
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Financial News
Offshore wind faces shake-up as tenders abandon price-only criteria – report
by Reutersby ReutersOSLO – A new set of factors beyond bidding price is gaining traction in global tenders to award licences for offshore wind farms and will determine the winners and losers …