By Nathaniel Bullard (Bloomberg) — Last week a raft of oil majors released their first-quarter results, with companies like Royal Dutch Shell Plc showing a return to pre-pandemic profit levels. At the...

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...

The Biden Administration has taken its latest step forward in its goals to address climate change and promote offshore renewable energy with the issuance of a lease for the nation’s...

By William Mathis and Jeremy Hodges (Bloomberg) — Green power is set to draw around $11 trillion of investment in the coming decades as the cost of renewables plummets and...

By Will Wade (Bloomberg) — New York’s East River is set to become the testing ground for a technology that generates electricity from the tides. Verdant Power, a New York-based...

By Jeremy Hodges (Bloomberg) –Wind and solar power are the cheapest form of new electricity in most of the world today. That’s the analysis of BloombergNEF, which predicts a tipping...

By John Kemp LONDON, Sept 29 (Reuters) – Policymakers in many countries have outlined plans for an ambitious transition from a system dominated by oil, gas and coal in the...

The U.S House of Representatives has passed the “Clean Economy Jobs and Innovation Act” seeking to reform U.S. energy policy and authorize major investments in research and development in transition...

By Jonathan Saul LONDON, Sept 21 (Reuters) – Scorpio Bulkers, a major ocean transporter for the dry commodities industry, is tapping into increasing demand for renewable energy with an investment...

By Mikael Holter (Bloomberg) — Norwegian billionaire Kjell Inge Rokke, who built most of his fortune on oil and gas, says the time has come to start investing more heavily...

By Mikael Holter and Lars Erik Taraldsen (Bloomberg) –Billionaire Kjell Inge Rokke is transforming the structure of his business empire as he seeks to revive struggling oil-service firms and seize...

By Laura Hurst and Amanda Jordan (Bloomberg) –BP Plc will make the biggest writedown on the value of its business since the Deepwater Horizon disaster a decade ago, as the...

The Norwegian government has announced the opening of more than 860,000 acres of the Norwegian Continental Shelf to offshore wind development. The areas, known as “Utsira Nord” and “Sørlige Nordsjø...

By William Mathis (Bloomberg) –Scotland, home to a quarter of Europe’s offshore wind resources, is seeking proposals to install turbines off the coast in a process that may draw more...

By Brian Eckhouse and David Wethe (Bloomberg) –Jeff Bishop’s LinkedIn post gets right to the point: “Houston Oil & Gas Folks — we’re hiring in Texas” for jobs in clean...

By Jeremy Hodges and Anna Shiryaevskaya (Bloomberg) — European utilities with bulging renewable energy portfolios are showing that the way out of the coronavirus slump is colored green. Energy companies from...

By Nichola Groom Feb 11 (Reuters) – Vineyard Wind, the developer of the first major U.S. offshore wind farm, said on Tuesday it will miss its target to start sending power to...

By William Mathis (Bloomberg) –The world is getting windier at the same time that developers are installing more turbines to generate electricity from breezes. Average wind speeds rose about 7%...

By Susanna Twidale LONDON, June 27 (Reuters) – Britain’s new target to reach net zero greenhouse gas emissions by 2050 became law on Thursday, making it the first among the...