Volatility in crude oil prices in recent months has made an impact on the offshore development. To learn about the causes of this market volatility, as well as the outlook for the offshore market in the coming months, watch this update from Christian Waldegrave, Teekay Market Analyst.
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One of the world's top offshore wind developers, Germany's RWE, has stopped work on its U.S. projects for now in light of recent moves against the industry by the Trump administration, its CEO said in a text published ahead of the firm's annual meeting.
President Donald Trump on Thursday signed an executive order aimed at boosting the deep-sea mining industry, marking his latest attempt to boost U.S. access to nickel, copper and other critical minerals used widely across the economy.
The Department of Interior has implemented a policy change that could significantly boost offshore oil production in the U.S. Gulf, through expanded Downhole Commingling parameters. The policy change from the...
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