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Europeans Sweep Record U.S. Offshore Wind Lease Auction

By Nichola Groom Dec 14 (Reuters) – A U.S. government auction for three wind leases off the coast of Massachusetts ended on Friday with record-setting bids totaling more than $400 million from European energy giants including Royal Dutch Shell Plc and Equinor ASA. The Bureau of Ocean Energy Management (BOEM) announced the sale’s three winners – […]

Greece Seizes $113 Million Worth of Drugs from Libya-Bound Ship

ATHENS, Dec 14 (Reuters) – Greece has seized drugs worth more than 100 million euros ($113 million) after intercepting a Syrian ship sailing for Libya, the coast guard said on Friday. Officials found about six tonnes of processed cannabis and 3 million super-strength “Captagon” amphetamine pills hidden aboard the Syrian-flagged “Noka,” it said in a […]

Offshore Wind Bonanza Draws Bidding War in Record-Setting Sale

By Jennifer A. Dlouhy (Bloomberg) — Companies competed Thursday for the opportunity to install wind turbines in Atlantic waters off Massachusetts in an auction that shattered records even as it headed toward a second day of frenzied bidding. After 24 rounds of sealed bidding, companies had already pledged $285 million toward the three offshore wind […]