Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Donald Trump seeks to stymie the industry’s development with executive orders.

In a sweeping executive action on his first day in office, President Donald Trump has ordered an immediate halt to all offshore wind development on the U.S. Outer Continental Shelf...

By Kanishka Singh WASHINGTON, Jan 17 (Reuters) – A group of Republican-led states filed a lawsuit on Friday challenging a ban announced by outgoing Democratic U.S. President Joe Biden earlier this month on new offshore oil...

Republican Congressman Jeff Van Drew says he’s been working with President-elect Donald Trump on crafting an executive order aimed at “halt[ing] offshore wind turbine activities” along the East Coast. “These...

The Norwegian Ministry of Energy has awarded 53 new production licenses on its continental shelf as part of its annual APA 2024 licensing round, reinforcing the country’s commitment to maintaining...

Shell has announced the successful startup of its newest floating production facility, Whale, in the deepwater Gulf of Mexico, marking a significant advancement in offshore energy production. The state-of-the-art facility,...

Van Oord has taken delivery of its groundbreaking offshore installation vessel Boreas during a ceremony at China’s Yantai CIMC Raffles shipyard. The methanol-powered vessel represents a significant leap forward in...

From “Freedom Gas” to “Gulf of America”: Trump Doubling Down on Energy Nationalism President-elect Donald Trump has announced plans to rename the Gulf of Mexico to the “Gulf of America”...

U.S. President Joe Biden will ban new offshore oil and gas development along most U.S. coastlines, a decision President-elect Donald Trump, who has vowed to boost domestic energy production, may find difficult to reverse.

Royal Boskalis B.V. has announced plans for the Windpiper, set to become the world’s largest subsea rock installation (SRI) vessel with an impressive cargo capacity of 45,500 metric tons. The...

Equinor has secured over $3 billion in project financing for its Empire Wind 1 project, marking a significant milestone in U.S. offshore wind development. The project, which reached financial close...

The Bureau of Ocean Energy Management (BOEM) has launched a groundbreaking initiative for offshore wind development near Guam, marking a significant expansion of U.S. renewable energy efforts into the Pacific....