Energy

Dive into the dynamic relationship between energy, trade, and the maritime industry. Discover insights on offshore drilling, the role of oil tankers, cutting-edge renewable energy projects, and how fluctuations in energy markets influence global shipping and logistics.


Monday, September 11, 2023
Vineyard Wind wind turbine leaves New Bedford. Photo courtesy of Vineyard Wind.
Energy

Vineyard Wind Ships Out First Turbine From New Bedford

Vineyard Wind shipped out the first GE Haliade-X Wind Turbine Generator (WTG) from New Bedford to its home location over 30 miles from Cape Cod. Foss Maritime,

September 11, 2023
Total Views: 3430

Friday, September 8, 2023
aerial of an offshore wind turbine
Energy

US Offshore Wind Slammed by Runaway Costs

(Bloomberg) — The US offshore wind industry, banking on a big boost from the landmark Inflation Reduction Act, has found itself face-to-face with a major

September 8, 2023
Total Views: 5170

Tuesday, September 5, 2023
A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023.
Energy

Orsted Ready to Abandon U.S. Wind Projects Amid Challenges

(Bloomberg) — Orsted A/S said it’s prepared to walk away from projects in America unless the White House guarantees more support, highlighting the

September 5, 2023
Total Views: 15297

Wednesday, August 30, 2023
Photo shows the Anholt offshore wind farm in Denmark. Photo courtesy Orsted
Energy

Orsted Shares Plunge as Company Warns of $2.3 Billion Hit from U.S. Offshore Wind Portfolio

(Bloomberg) — Orsted A/S shares plunged the most on record after the renewable energy company warned of impairments of as much as 16 billion Danish

August 30, 2023
Total Views: 2942

lng carrier
Energy

Looming Australian Strikes Still Not Fazing Asian LNG Buyers

(Bloomberg) — North Asian liquefied natural gas buyers aren’t yet moving to prepare for potential supply disruptions caused by expected strikes in

August 30, 2023
Total Views: 628

Monday, August 28, 2023
File Photo: Wind farm in the North sea off the coast of United Kingdom.
Energy

First US Gulf Offshore Wind Auction to Fuel Region’s Green Hydrogen Push

Aug 28 (Reuters) – The U.S. Gulf Coast region, the nation’s primary offshore source of oil and gas, has cheap

August 28, 2023
Total Views: 885

Tuesday, August 22, 2023
jera-energy-gordon-project-lng-terminal
Energy

European Gas Surges on Australia LNG Talks and Norway Outages

(Bloomberg) — European natural gas extended gains as heavy maintenance in Norway adds to volatility in a market already spooked by the threat of strikes

August 22, 2023
Total Views: 1241

Thursday, August 17, 2023
General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain.
Energy

Europe’s Biggest Offshore Wind Market is Heading For Disaster

(Bloomberg) — The UK’s annual renewable energy auction may not include offshore wind for the first time since the system for awarding subsidies began

August 17, 2023
Total Views: 4883

Tuesday, July 25, 2023
Greenpeace Challenging UK’s New North Sea Oil and Gas Licenses
Energy

Greenpeace Challenging UK’s New North Sea Oil and Gas Licenses

LONDON, July 25 (Reuters) – Britain’s decision to authorise new licences for oil and gas exploration in the North Sea came under scrutiny

July 25, 2023
Total Views: 426

Monday, July 24, 2023
World’s Biggest Wind Power Projects Are in Crisis Just When World Needs Them Most
Energy

World’s Biggest Wind Power Projects Are in Crisis Just When World Needs Them Most

(Bloomberg) — Offshore wind projects are facing an economic crisis that erased billions of US dollars in planned spending this week — just as the world

July 24, 2023
Total Views: 3617

Thursday, July 20, 2023
General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain.
Energy

Key UK Offshore Wind Project Axed in Blow to Climate Plans

(Bloomberg) — Vattenfall AB halted the development of an offshore wind project in the UK after costs surged, posing a major setback for a key part of

July 20, 2023
Total Views: 2357

Friday, July 14, 2023
Aerial view of Floating solar power plant and wind turbine farm
Energy

Solar Farms Out at Sea Are Clean Energy’s Next Breakthrough

(Bloomberg) — Buffeted by waves as high as 10 meters (32 feet) in China’s Yellow Sea about 30 kilometers off the coast of Shandong province,

July 14, 2023
Total Views: 3646

Wednesday, July 12, 2023
aerial of an offshore wind turbine
Energy

German Regulator Awards Offshore Wind Site Tenders Worth 12.6 Billion Euros

BERLIN/FRANKFURT, July 12 (Reuters) – Germany’s network regulator on Wednesday announced the result of its 7 gigawatt

July 12, 2023
Total Views: 487

Thursday, July 6, 2023
The Challenging Future Of Floating Wind Farms
Energy

The Challenging Future Of Floating Wind Farms

by John Konrad (gCaptain) Far offshore, in the limitless expanse of the ocean, where the wind conducts the rhythmic ballet of the waves and the horizon

July 6, 2023
Total Views: 2993

Thursday, June 29, 2023
aerial of an offshore wind turbine
Energy

Britain’s Royal Finances Boosted by Record Wind Profits

LONDON, June 29 (Reuters) – Britain’s Crown Estate, which manages King Charles’ public property, posted a record profit last year

June 29, 2023
Total Views: 1031

Friday, June 23, 2023
lng ship
Energy

US LNG Project Approvals on Track for Record New Volumes

NEW YORK, June 23 (Reuters) – U.S. liquefied natural gas (LNG) developers are on track to approve three export projects capable of processing

June 23, 2023
Total Views: 1066

Wednesday, June 21, 2023
File photo of an offshore drillship
Energy

Offshore Oil Spending to Rise More Than 20% This Year

HOUSTON, June 21 (Reuters) – Offshore oil and gas exploration spending will increase more than 20% globally this year and the growth will continue

June 21, 2023
Total Views: 810

Tuesday, June 20, 2023
offshore oil rig
Energy

Woodside Greenlights $7.2 Billion Mexico Deepwater Oil Project

(Bloomberg) — Woodside Energy Group Ltd. gave the go-ahead for a $7.2 billion oil field off Mexico, the Australian producer’s first major fossil fuel

June 20, 2023
Total Views: 1352

Thursday, June 15, 2023
aerial of an offshore wind turbine
Energy

French Energy Regulator Urges Offshore Wind Fixes After EDF Wins

(Bloomberg) — France must overhaul its offshore wind farm auction process to stimulate investment and competition if it wants to hit President Emmanuel

June 15, 2023
Total Views: 1131

Wednesday, June 14, 2023
UK Expects Over 100,000 Jobs in Offshore Wind by 2030
Energy

UK Expects Over 100,000 Jobs in Offshore Wind by 2030

Close to 70,000 new jobs are expected to appear in the UK’s offshore wind industry by 2030, bringing the total to over 100,000.  A recent report from

June 14, 2023
Total Views: 1055