The Bureau of Ocean Energy Management is moving forward with plans to advance offshore wind leasing off California’s coasts, part of the Biden Administration’s goal of developing 30 gigawatts of...

By Jennifer A. Dlouhy (Bloomberg) — Six weeks after a federal judge ordered the Biden administration to resume selling oil and gas leases on federal land, there’s no sign it has...

By Nichola Groom July 28 (Reuters) – The Biden administration is considering ways to ensure the U.S. commercial fishing industry is paid for any losses it incurs from the planned...

By William Mathis (Bloomberg) — The plan to rapidly scale up wind farms off the U.S. coast is set to miss President Joe Biden’s 2030 goal by 30%, according to research...

ExxonMobil has announced a significant new oil discovery offshore Guyana, adding to its growing list of successful exploration campaign off the South American nation. The discovery was made at Whiptail...

United States Senators Marco Rubio (R-FL) and Rick Scott (R-FL) have introduced legislation to make permanent a federal ban on oil and gas drilling off Florida’s coasts. The current offshore...

Four people are missing after a wind turbine installation vessel partially capsized in the South China Sea off Huizhou, China. The WTIV Shengping 001 was working on China General Nuclear...

Last year, Brazil was one of the few that raised output, adding more than any other non-OPEC country apart from Norway, and it wants to double crude output by 2030....

By Josh Saul and William Mathis (Bloomberg) — Offshore wind farm developers are finding one more thing in common with the fossil fuel industry: community backlash on both sides of the...

By David Wainer (Bloomberg) The U.S. and Germany have completed a deal approving completion of the Nord Stream 2 pipeline, effectively ending a longstanding rift over German gas purchases from Russia,...

By William Mathis (Bloomberg) — BP Plc is facing a test of its green energy strategy as the company makes its latest bid to expand wind power production off Britain’s coast...

By David French (Reuters) Noble Corp and a consortium that includes Transocean Ltd and Dolphin Drilling are competing to acquire the assets of Seadrill Ltd, the bankrupt offshore oil driller controlled by...

South Korean shipbuilder Samsung Heavy Industries (SHI) has announced plans to enter the renewables market with the development of a large-scale floating wind turbine. The shipbuilder has received an Approval...

By Stephen Stapczynski (Bloomberg) — The world’s biggest project to capture and store carbon dioxide isn’t working like it should, highlighting the challenges oil companies face in tackling their greenhouse gas...

By Rania El Gamal (Reuters) OPEC+ ministers agreed on Sunday to boost oil supply from August to cool prices which have climbed to 2-1/2 year highs as the global economy...

July 16 (Reuters) – Vineyard Wind on Friday announced a deal to use union labor to help construct what will become the nation’s first major offshore wind project off the Massachusetts coast...

By William Mathis (Bloomberg) — Royal Dutch Shell Plc and Iberdrola SA’s ScottishPower unit are teaming up to bid to build what could be the world’s largest wind farms that float in the...

Jan De Nul Group has been awarded a contract for the transport and installation of 87 turbines at the Dogger Bank C wind farm off the coast of Yorkshire, England....

By Jennifer A. Dlouhy (Bloomberg) The Biden administration is preparing to release a blueprint for limiting sales of drilling rights that falls short of the outright ban sought by some...

COPENHAGEN, July 9 (Reuters) – Vestas said on Friday that EnBW had picked its new turbine, which will be the world’s biggest, as the preferred option for the 900 MW...