India’s Oil Demand Drives CMB Tech Fleet Diversification
By Dimitri Rhodes Nov 7 (Reuters) – Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter results...
Photo: Teun van den Dries / Shutterstock
By Brian Eckhouse and Romy Varghese (Bloomberg) — New Jersey is taking a step closer to erecting wind turbines off the coast of some of its most storied beaches.
State regulators are about to consider Governor Phil Murphy’s proposed solicitation for 1.1 gigawatts of offshore-wind farms. The process will begin Sept. 17, subject to approval by the state’s Board of Public Utilities, Murphy said Thursday at the Global Climate Action Summit in San Francisco. Efforts to build offshore wind off Atlantic City stalled under Murphy’s predecessor, Governor Chris Christie. Now, Murphy aims to add 3.5 gigawatts by 2030.
“We’re the natural offshore wind state,” he said in an interview. “It’s the amount of the wind that blows on our shores, plus the reality of the offshore shelf of the depth.”
© 2018 Bloomberg L.P
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