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By Andres Guerra Luz (Bloomberg) — Oil surpassed $50 a barrel as Saudi Arabia pledged to voluntarily cut output by an extra 1 million

By Vanessa Dezem, Daniel Flatley and Dina Khrennikova (Bloomberg) — Russia is stepping up work on the Nord Stream 2 pipeline before the U.S. tightens

By Liam Denning (Bloomberg Opinion) — If ever a year needed a shot of glass-half-full attitude, it’s 2020. I got it recently from an oil

By Andrea Shalal WASHINGTON, Dec 23 (Reuters) – The United States is urging European allies and private companies to halt work that could help build the

French offshore services provider Bourbon Maritime has emerged from reorganization after eliminating 1.5 billion euros in debt. Bourbon’s recovery plan

By Rachel Morison and William Mathis (Bloomberg) — Britain’s electricity grid operator is pushing deeper into the turbulent waters of the North Sea,

By Aya Takada (Bloomberg) — Japan will aim to more than quadruple offshore wind generation capacity in the decade to 2040 under plans to meet its

By Jennifer A. Dlouhy and Will Wade (Bloomberg) — Vineyard Wind LLC’s decision to push back a permitting review of the $2.8 billion offshore wind farm

The U.S. Senate today overwhelmingly passed the National Defense Authorization Act for fiscal year 2021, a wide-ranging $740 billion defense bill that sets

By Gram Slattery and Sabrina Valle RIO DE JANEIRO, Dec 11 (Reuters) – Federal prosecutors in Brazil filed a civil lawsuit against

By Vladimir Soldatkin and Oksana Kobzeva MOSCOW, Dec 11 (Reuters) – Russia has resumed construction of the politically-charged Nord Stream 2 gas pipeline

Offshore wind projects planned for off the U.S. East Coast could lead to the construction of new vessels at American shipyards, but industry stakeholders face

Dec 10 (Reuters) – Wind farm developer Atlantic Shores Offshore Wind said on Thursday it had submitted a proposal to New Jersey’s utility

By Jennifer A. Dlouhy (Bloomberg) — The Trump administration is preparing to issue a broad plan that keeps the door open for expanded oil drilling

By Robin Emmott BRUSSELS, Dec 9 (Reuters) – The European Union will impose sanctions on more Turkish individuals and companies responsible for drilling

By Timothy Gardner WASHINGTON, Dec 4 (Reuters) – The annual U.S. defense policy bill unveiled by lawmakers late on Thursday contains sanctions that

By Tony Capaccio (Bloomberg) — The Pentagon added four more Chinese companies to a list of firms it says are owned or controlled by China’s

By Jessica Resnick-Ault NEW YORK, Dec 3 (Reuters) – The U.S. Bureau of Safety and Environment Enforcement, which overseas offshore oil and gas

By Nerijus Adomaitis and Stephen Jewkes OSLO/MILAN, Dec 4 (Reuters) – Italy’s Eni is buying a 20% stake in the Dogger Bank Wind Farm project from

By Morten Buttler (Bloomberg) — Orsted A/S, the world’s biggest developer of offshore wind farms, will appeal a decision by Danish tax authorities