President Biden Bans Russian Oil Imports, Warning Gas Prices Will Rise Further
By Trevor Hunnicutt and Steve Holland WASHINGTON, March 8 (Reuters) – U.S. President Joe Biden on Tuesday banned Russian oil and
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By Trevor Hunnicutt and Steve Holland WASHINGTON, March 8 (Reuters) – U.S. President Joe Biden on Tuesday banned Russian oil and
By Julia Fanzeres and Alex Longley (Bloomberg) — Oil extended its rally as the U.S. and U.K. said they plan to ban Russian oil imports while oil giant
Edison Chouest Offshore (ECO) has started building the first Jones Act-compliant wind farm service operations vessel (SOV) in the United States. The vessel,
(The Conversation)–Offshore wind is set to move further and further from shore, as demand for renewable energy grows and new floating turbine
By Hatem Mohareb and Salma El Wardany Mar 6, 2022 (Bloomberg) –Libya’s oil production has fallen below 1 million barrels a day, as the OPEC member
By Mohammed Ghobari (Reuters) Yemen’s Houthi movement has signed an agreement with the United Nations to deal with a decaying oil tanker threatening to
Equinor and BP have announced an agreement to turn a historic marine terminal in Brooklyn, New York into a major regional hub for offshore wind. Under the
By Ron Bousso and Dmitry Zhdannikov (Reuters) – BP is abandoning its stake in Russian oil giant Rosneft in an abrupt and costly end to three decades of
The U.S. Coast Guard rescued nine people Thursday from a burning jack-up drilling rig near Sabine Pass, Texas. Sector Houston-Galveston watchstanders
By Nichola Groom Feb 23 (Reuters) – The largest ever U.S. sale of offshore wind development rights – for areas off the coasts
Offshore drilling contractor Seadrill has emerged from its second bankruptcy in four years after successfully completing its reorganization pursuant to its
The Biden Administration is set to hold its first offshore wind lease sale on Wednesday, auctioning a record of more than 480,000 acres offshore New York and
By Paul Burkhardt (Bloomberg) Trinity Spirit, the decades-old, oil-storage ship that blew up off the coast of Nigeria recently — killing some of its
U.S. Senator from Louisiana Bill Cassidy (R-LA) has introduced the American Offshore Worker Fairness Act, a bill he says will provide a level playing field
It’s been 40 years since the semi-submersible drilling rig Ocean Ranger sank off the coast of Newfoundland during an intense North Atlantic storm with
Construction has begun on the second major offshore wind project in the United States. Secretary of the Interior Deb Haaland was in East Hampton, New York last
By Jonathan Saul, Elisa Anzolin and Francesca Landini LONDON/MILAN, Feb 14 (Reuters) – Sixty-five years after Aristotle Onassis founded Greece’s
By Julia Fanzeres (Bloomberg) — Brent oil soared to $95 a barrel for the first time since 2014 as political tensions between Ukraine and Russia
By Josh Saul and Jennifer A Dlouhy (Bloomberg) — Danish wind giant Orsted AS is scoping out the U.S. Gulf Coast and California as potential
Louisiana-based Hornbeck Offshore Services, Inc. has purchased of three high-spec new generation offshore supply vessels at auction from the U.S. Department of
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