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.


Tuesday, October 31, 2023
Karpowership Wins Environment Permit for South African Power Plant
Energy

Karpowership Wins Environment Permit for South African Power Plant

(Bloomberg) — Karpowership won environmental authorization for one of three ship-mounted power plants it wants to connect to the South African grid, a

October 31, 2023
Total Views: 1036

Monday, October 30, 2023
General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain.
Energy

As Wind Industry Struggles, Investors Brace for Orsted Losses

(Bloomberg) — As the German government scrambles to prop up Siemens Energy AG, another major European wind firm faces its own moment of truth after

October 30, 2023
Total Views: 2153

Friday, October 13, 2023
U.S. President Joe Biden speaks during his visit in Philly Shipyard in Philadelphia, Pennsylvania, U.S., July 20, 2023. REUTERS/Evelyn Hockstein
Energy

Biden Awards $7 Billion for Hydrogen Hubs in 16 States

By Valerie Volcovici and Jarrett Renshaw Oct 13 (Reuters) – President Joe Biden will announce in Philadelphia on Friday the recipients of $7

October 13, 2023
Total Views: 1375

Friday, September 29, 2023
offshore rig
Energy

US Plans Sharp Reduction in Offshore Oil and Gas Auctions

Sept 29 (Reuters) – The Biden administration on Friday unveiled a plan to phase down oil and gas auctions in federal waters with the release of

September 29, 2023
Total Views: 575

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

Wind Power Industry Blown Off-Course

LONDON, Sept 28 (Reuters) – A perfect storm of supply chain delays, design flaws and higher costs in the offshore wind industry has

September 28, 2023
Total Views: 2027

Friday, September 22, 2023
An oil and gas drilling platform stands offshore in the Gulf of Mexico in Dauphin Island, Alabama, U.S., October 5, 2013. REUTERS/Steve Nesius/File Photo
Energy

US Government Ordered to Expand Gulf of Mexico Oil Auction

(Bloomberg) — A federal judge ordered the Biden administration to expand next week’s Gulf of Mexico oil lease sale, saying officials appear to have

September 22, 2023
Total Views: 4608

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: 3446

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: 5178

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: 15306

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: 2949

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: 630

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: 888

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: 1245

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: 4886

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: 432

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: 3622

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: 2370

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: 3660

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: 493

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: 3001