COPENHAGEN, April 22 (Reuters) – Wind farm developer Orsted plans to submit a joint bid with Danish pension fund ATP to finance and build the world’s first energy island in...

By Gerson Freitas Jr. (Bloomberg) — For John Arnold, the billionaire philanthropist who made his fortune betting on natural gas prices, Houston’s fossil-fuel industry seems finally ready to move on. A...

By Jennifer Hiller HOUSTON, April 19 (Reuters) – Exxon Mobil on Monday floated a proposal for a public-private carbon storage project that would collect planet-warming carbon dioxide emissions from U.S....

By Andres Guerra Luz and Alex Longley (Bloomberg) — Oil fluctuated above $63 a barrel, exactly one year after U.S. benchmark crude futures plunged below zero, with traders extending its rally...

April 16 (Reuters) – The U.S. Interior Department on Friday sought to erase the Trump administration’s pro-fossil fuels legacy from the nation’s public lands by revoking a suite of policies...

By Jennifer A. Dlouhy (Bloomberg) — Tommy Beaudreau, a veteran of the Interior Department who charted new restrictions for Arctic oil drilling under former President Barack Obama, is being tapped to...

By Yereth Rosen ANCHORAGE, Alaska, April 13 (Reuters) – A federal appeals court on Tuesday confirmed bans on offshore oil leasing in most federal Arctic waters and in the Atlantic after...

By Josh Saul and Kevin Crowley (Bloomberg) — Chevron Corp.’s venture capital arm and Moreld Ocean Wind agreed to invest in Ocergy Inc.’s development and commercialization of floating offshore wind turbines....

A former senior engineer on board a Transocean drillship in the U.S. Gulf of Mexico has filed a civil lawsuit alleging the offshore drilling contractor and its business partners put...

South Korean shipbuilder Samsung Heavy Industries has unveiled a new proprietary Wind Turbine Installation Vessel (WTIV) design that the shipyard will market to the growing offshore wind industry. SHI says...

BEIJING, April 8 (Reuters) – China has drilled deep in the South China Sea to retrieve sediment core from the seabed, state media reported on Thursday, amid tensions over disputed...

By Susanna Twidale and Nora Buli LONDON, April 7 (Reuters) – Global competition for offshore wind power is so hot that license auctions now resemble the oil and gas competitions of just...

By Gwladys Fouche and Nikolaj Skydsgaard OSLO, April 7 (Reuters) – Norway’s $1.3 trillion sovereign wealth fund has made its first direct investment in a renewable energy project, a new...

The first large-scale offshore wind farm in the United States has selected a U.S.-based arm of Belgian marine services provider DEME to transport and install wind turbine generators for the...

U.S. Customs and Border Protection has issued its latest ruling on the Jones Act’s role in the development of offshore wind projects off the nation’s coasts. The latest ruling now...

By Nichola Groom March 31 (Reuters) – The Biden administration aims to transform the United States into the world’s leading producer of energy from offshore wind after years of lagging behind Europe,...

By Jennifer A. Dlouhy and Josh Saul (Bloomberg) — The Biden administration is outlining ambitions to dramatically boost offshore wind power in the U.S. by 2030, pushing to drive construction of...

The Biden Administration on Monday announced a goal of developing 30 gigawatts (GW) of offshore wind power United States’ federal waters by 2030, which is expected to create thousands of...

Offshore drilling contractors Noble Corporation and Pacific Drilling will combine in an all-stock transaction that will see Noble will acquire Pacific Drilling. A definitive merger agreement was unanimously approved by...

LONDON, March 24 (Reuters) – Britain’s Crown Estate said on Wednesday it would start work on producing a new leasing round for commerical-scale floating wind power projects in the Celtic...