Energy

Coastwide
Energy

USA - Seadrill Files for Voluntary Chapter 11 Protection

Offshore drilling contractor Seadrill Partners has filed voluntary petitions under Chapter 11 of the Bankruptcy Code to preserve value and to continue the operation and marketing its assets.

Hawaii & Alaska
Energy

HI - Why the Navy Is Becoming a Powerful Force for Clean Energy

As the pandemic highlights fragile supply chains, the Navy is working with Hawaii to harness the sun and other natural elements for power.

Pacific Northwest
Energy

OR - Wind Power off Oregon Coast Could Provide More than Electricity

Winds blowing off the Oregon Coast are some of the strongest in the nation, offshore or on land. They hold significant energy potential.

Mid-Atlantic
Energy

VA - With Offshore Wind, Virginia Hopes a 21st-Century Manufacturing Boom Will Offset a Hefty Price Tag

Maybe, if you squint really hard and the skies are clear, you might be able to convince yourself that you see them, out on the horizon: two turbines spinning far offshore of Virginia Beach.

Northeast
Energy

ME - Maine's Bold Climate Action Plan Will Require Money, Commitment

The plan would cost billions of dollars to execute, but state leaders say the cost of doing nothing would be even greater.

International
Energy

UK - World’s Largest Offshore Wind Farm Secures $8bn Investment

Dogger Bank, which will eventually become the world’s largest offshore wind farm, is getting an $8 billion investment from Norwegian oil giant Equinor and British energy company SSE.

Caribbean
Energy

Bahamas - Drilling Ship Sets Sail for Bahamas

The 750-foot Stena IceMAX drill ship has sailed from the Canary Islands en route to Grand Bahama in preparation to drill an exploratory oil well off the coast of West Andros.

Southeast
Energy

FL - Bahamas Is Set to Start Offshore Oil Drilling Just 150 Miles off South Florida

Florida’s waters may be protected from offshore drilling but the Bahamas plans to start looking for oil in less than a month at an exploratory well just 150 miles off the coast of the Sunshine State.

Arctic & Antarctica
Energy

ARC - Banks, Insurers Face Pressure to Stay Away From Arctic Drilling Projects

(Bloomberg) --The Trump administration is racing against legal deadlines and a merciless regulatory calendar in its last-ditch effort to sell drilling rights in the Arctic National Wildlife Refuge before President-elect Joe Biden is sworn in at noon on Jan. 20.

Northeast
Energy

MA - Vineyard Wind Sees More Permitting Delays, But Stays on Track to be First in U.S. Race to Build Offshore Farms

Vineyard Wind, the international business consortium that plans to build the nation’s largest offshore wind farm 15 miles south of Martha’s Vineyard, has been hit with yet another delay after a federal agency moved back its review timeline for a key permitting document last week.

Northeast
Energy

ME - Gov. Mills Announces Intent to Expand Floating Offshore Wind in Maine

To solidify Maine’s leadership in floating offshore wind energy and collaborate with Maine’s fisheries on the industry’s development, Gov. Janet Mills announced plans to create the country’s first floating offshore wind research array in the Gulf of Maine.

International
Energy

UK - More Than Half of £50bn UK Wind Farm Investment to Go Overseas

More than half of the estimated £50bn investment for the UK government’s offshore wind plan is expected to go to overseas companies.

Gulf of Mexico
Energy

USA - US Gulf of Mexico Oil and Gas Lease Sale Larger Than Expected: BOEM

The twin challenges of low oil prices and uncertain demand recovery that has resulted from the coronavirus pandemic this year – which with more clarity might lift prices somewhat –did not appear to dampen operator enthusiasm for obtaining US Gulf of Mexico acreage during that region’s offshore lease sale Nov. 18.

International
Energy

India - Deep Ocean Mission: India to Launch New Mission to Explore Energy Underwater

Ministry's secretary, M Rajeevan says the mission will also involve developing technologies for different deep ocean initiatives.

Gulf of Mexico
Energy

USA - Despite Uptick, Interest in Gulf of Mexico Oil Drilling Remains Low

Oil industry interests expressed optimism after Wednesday's Gulf of Mexico lease sale attracted more winning bids than the last one.

International
Energy

EU - Confirmed: EU Aims for 300+ GW of Offshore Wind by 2050

The European Commission presented the EU Offshore Renewable Energy Strategy today, 19 November, which sets a target for 300 GW of offshore wind by 2050, confirming the reports over the past several days.

Gulf of Mexico
Energy

USA - Feds Propose 2021 Offshore Lease Sale

The U.S. Bureau of Ocean Energy Management (BOEM) on Tuesday proposed offering approximately 78.2 million acres for a region-wide Gulf of Mexico (GOM) lease sale scheduled for March 2021.

Mid-Atlantic
Energy

VA - Offshore Wind Farm Threatens Tangier Family’s Conch Fishing Livelihood

A small group of Tangier watermen find themselves competing with Virginia’s biggest power company, Dominion Energy, for natural resources in an area just outside the Chesapeake Bay 27 miles off the coast of Virginia Beach.

International
Energy

Taiwan - Types of Marine Geohazards Investigated in Offshore Wind Farm Construction

Gwo-shyh Song, Associate Professor at the National Taiwan University walks us through types of marine geohazards investigated in offshore wind farm construction

Gulf of Mexico
Energy

LA - Bob Marshall: Louisiana Will Still Be an Energy State Even Without Oil. Here's Why.

In the postelection chaos that gripped the nation, many readers may have missed last week’s historic announcement by Gov. Jon Bel Edwards: Louisiana is going to join the energy industry!

Arctic & Antarctica
Energy

ARC - Trump Seeks to Accelerate Auctions for Arctic Refuge Drilling

(Bloomberg) -- The Trump administration is advancing plans to auction drilling rights in the U.S. Arctic National Wildlife Refuge before the inauguration of President-elect Joe Biden, who has vowed to block oil exploration in the rugged Alaska wilderness.

Northeast
Energy

MA - BOEM Pushes Back Final Findings on Vineyard Wind

A sweeping environmental review of the Vineyard Wind offshore wind project is now tracking to be finalized Jan. 15, as the federal Bureau of Offshore Energy Management completes its review of public comments.

Gulf of Mexico
Energy

LA - Exxon Oil Rig Becomes Tallest Structure Converted to Artificial Reef in Gulf of Mexico

An oil rig taller than the Empire State Building is now undergoing conversion into a habitat-boosting artificial reef about 50 miles south of Grand Isle.

Northeast
Energy

NJ - Upper Township Prepares for Role in Offshore Wind

Electricity generated by offshore wind turbines seems on the fast track to New Jersey consumers.

Gulf of Mexico
Energy

LA - Port of Greater Baton Rouge Could Be Home to $9.2 Billion Renewable Fuel Complex

Grön Fuels LLC, a portfolio company of Fidelis Infrastructure is studying the feasibility of a renewable fuel complex at the Port of Greater Baton Rouge.

Mid-Atlantic
Energy

MD - Orsted Announces Skipjack Wind Farm Project Will Be Delayed Again

OCEAN CITY, Md. — The completion of one of two proposed wind farms off the coast of Ocean City may be delayed for the second time this year, according to the company in charge of the project.

Coastwide
Energy

USA - Wind and Solar Are the New Cash Crops

We’re living in an era of big numbers and rapid shifts.

Gulf of Mexico
Energy

LA - Gov. Edwards Announces Renewable Energy Initiative for Gulf of Mexico

Today, Gov. John Bel Edwards announced a renewable energy initiative for the Gulf of Mexico, with plans to harness Louisiana's strengths in offshore energy production for the development of wind power, the nation's No. 1 source of renewable energy.

Northeast
Energy

MA - Massachusetts Regulators Approve Contracts for 804 MW Offshore Wind Project

The Massachusetts Department of Public Utilities late Nov. 5 issued an order approving long-term contracts for 804 MW of offshore wind capacity from the Mayflower Wind project to supply the state's electric distribution companies.

International
Energy

EU eyes huge increase in offshore wind energy to meet climate goals

BRUSSELS (Reuters) - The European Union is considering a plan to increase its offshore wind energy capacity five-fold this decade and 25-fold by 2050, as it seeks to become climate neutral by mid-century, according to a draft policy.

Northeast
Energy

RI - First Offshore Wind Farm Goes Offline: An Industry Warning?

In the new year, the first offshore wind farm in the United States will shut off its turbines, and its customers on nearby Block Island in Rhode Island will revert to diesel generation.

Northeast
Energy

RI - Rhode Island in Position for Offshore Wind Power Grab

Local demand for offshore wind power continues to grow, as Rhode Island recently announced plans to buy up to 600 megawatts of new offshore wind energy to meet its renewable-energy targets.

Mid-Atlantic
Energy

USA - Regional Offshore Wind Agreement Will Lead to More Smart Power for the South Atlantic

A new interstate regional collaboration in the Southeast and mid-Atlantic may lead to more offshore wind energy development.

Arctic & Antarctica
Energy

ARC - The Public Gets Just Two Weeks to Weigh in on Seismic Testing in the Arctic Refuge

The proposed survey—preparation for oil drilling—would damage permafrost, threaten species, and leave lasting tracks in the tundra.

International
Energy

UK - UK's Bid to Power Every Home via Offshore Windfarms by 2030 at Risk

Germany’s RWE says outdated regulation is slowing investment in onshore electricity grid

Northeast
Energy

MA - Transmission Deal Struck for 800-MW Vineyard Wind 1

The developer of the 800-MW Vineyard Wind 1 offshore wind project near Massachusetts has sealed an interconnection agreement with transmission company ISO New England.

Northeast
Energy

NJ - State Releases Offshore Wind Strategic Plan

The New Jersey Board of Public Utilities approved and published online the New Jersey Offshore Wind Strategic Plan on Sept. 9.

West Coast
Energy

CA - Northern California Offshore Transmission Line Could Fast-Track Wind Farms Powering SF Bay

Proposed floating wind farms off Northern California’s Humboldt Bay could generate power for the San Francisco Bay Area utilizing an underwater transmission line system extended over 250 miles and costing upwards of $3.1 billion, according to a Humboldt State University report.

Great Lakes
Energy

OH - An Offshore Wind Farm on Lake Erie Moves Closer to Reality, but Will It Ever Be Built?

Icebreaker would be the first freshwater wind farm in North America. But after more than a decade, it is still jumping hurdles and polarizing environmental groups.

Gulf of Mexico
Energy

Gulf of Mexico - BP Evacuates Four Gulf of Mexico Platforms Ahead of Storm

Oil major BP on Sunday started evacuating workers from four of its Gulf of Mexico platforms ahead of the Tropical Storm Zeta.

International
Energy

AUS - Australia's First Offshore Wind Farm Promises Jobs Boom

Australia’s first offshore wind farm could provide about 8000 direct and indirect jobs in Victoria over its 30-year lifetime, including 5200 construction jobs and 740 ongoing roles a year.

International
Energy

World - Offshore Deepwater Oil Production One of Cheapest Sources of New Supply as Costs Reach New Low, Rystad Says

Oil production costs have reached a new low, making deepwater one of the cheapest sources of new supply, according to Norwegian energy intelligence firm, Rystad Energy.

Northeast
Energy

NY - Equinor Returns to New York for More Offshore Wind

Norwegian energy major Equinor has submitted bids into New York’s second offshore wind solicitation.

Great Lakes
Energy

NY - Great Lakes Offshore Wind: Permitting and Contracting Considerations

Great Lakes offshore wind presents a unique set of variables – economic, permitting and regulatory – with which New York State energy policymakers and project developers have yet to grapple.

Mid-Atlantic
Energy

VA - Offshore Wind Project Completes Final Step, Ready to Deliver Renewable Energy to Virginians

VIRGINIA BEACH, Va. (WAVY) — Dominion Energy announced Wednesday that the Coastal Virginia Offshore Wind (CVOW) pilot project has completed the final stage of testing and is ready to enter commercial service providing clean, renewable energy to Virginians.

Gulf of Mexico
Energy

USA - Trump Administration Sets Gulf of Mexico Drilling Auction for Nov. 18

(Reuters) - The Trump administration on Thursday said it would offer all available areas in the Gulf of Mexico for auction to oil and gas drillers on Nov. 18, the first major test of the offshore sector’s appetite for investment since early this year.

International
Energy

UK - Is Wind Power's Future in Deep Water?

More of our electricity will have to come from renewable sources, but we’re fast running out of space close to shore. Is the answer to go farther out to sea?

International
Energy

China - Offshore Wind Takes off in China

China’s offshore wind sector, like solar and onshore wind before it, is soaring, boosted by policy support and improved technology.

International
Energy

UK - Offshore Renewables Robotics Groups Join Forces to Bridge Gap Between Research and Industry

Two of the UK’s leading research organisations in the development of robotics for use in offshore renewables have teamed up to bridge the gap between academia and industry.

Mid-Atlantic
Energy

VA - Dominion Completes Coastal Virginia Pilot Tests

12MW project is now ready for commercial operations to deliver power to Virginia customers

West Coast
Energy

CA - First Offshore Wind Research Buoys Deployed Off US West Coast

The U.S. Department of Energy’s (DOE) Wind Energy Technologies Office has deployed two offshore wind research buoys off the coast of California.

Gulf of Mexico
Energy

USA - US Gulf Production, Operations Restart After Delta

US oil and natural gas producers are redeploying staff to offshore platforms and restarting operations after Hurricane Delta's pass through the region late last week.

West Coast
Energy

CA - Navy Back on Board With Offshore Wind Near Morro Bay, SLO County Congressman Says

Central Coast Congressman Salud Carbajal announced last week that the public comment period on a proposed offshore wind development off the Central Coast has now closed — and with a new commitment from the Navy in hand.

International
Energy

Norway - Høglund Marine Acquires Two-Thirds Stake in Vindskip

Norway-based marine technology provider Høglund Marine Solutions has taken a two-thirds stake in Vindskip AS, a company developing a wind and LNG-powered vessel concept.

Gulf of Mexico
Energy

USA - Hurricane Delta Shuts Most U.S. Offshore Oil Output in 15 Years

HOUSTON (Reuters) - Large and powerful Hurricane Delta dealt the greatest blow to U.S. offshore Gulf of Mexico energy production in 15 years, halting most of the region’s oil and nearly two-thirds of natural gas output.

Gulf of Mexico
Energy

TX - Trump's Historic Undoing of Environmental Rules a Boon to Texas Oil Industry

WASHINGTON - Environmental protections in the United States steadily increased for nearly half a century, removing toxic waste from rivers that once caught fire and reducing smog-causing air pollution that choked cities and their residents.

International
Energy

World - Venezuela, Once an Oil Giant, Reaches the End of an Era

CABIMAS, Venezuela — For the first time in a century, there are no rigs searching for oil in Venezuela.

Northeast
Energy

ME - EDA Awards $2 Million to Further Establish Maine as Offshore Wind Power Industry Leader

WASHINGTON, D.C. — The Department of Commerce’s Economic Development Administration (EDA) is awarding $2,166,719 to the Governor’s Energy Office, to further advance a comprehensive economic roadmap for establishing Maine as a leader in the offshore wind power industry, according to a news release.

International
Energy

World - Hydrogen Is Going Global – Fast

As most science nerds will know hydrogen is the most abundant element in the universe. It’s everywhere we look although the vast majority is out of reach until we develop the ability to travel at warp speed. Yes, I admit it. I am a Star Trek fan.

Mid-Atlantic
Energy

VA - Editorial: Include Virginia in an Offshore Drilling Ban

There should be no offshore oil drilling along the coasts of Virginia and North Carolina. Not ever. Period.

Gulf of Mexico
Energy

TX - Opinion: Sun, sand and tankers? Port Aransas battles big oil ambitions

PORT ARANSAS — For generations of Texans, our very first memory of summer at the beach begins with driving aboard a tiny ferry at a place called Harbor Island, last stop on the Texas mainland. Turning off the engine and setting the brake, we have rolled down our windows, filling our noses with moist salt air and our ears with the screeches of seagulls. Kids jump out to stare over the side at the frolicking of the little sand trout. The boat docks in Port Aransas only a few minutes later, which means one thing: sunny vacation on the world’s longest barrier island.

Northeast
Energy

MA - Massachusetts Offshore Wind Projects Book Staging Spot

The Commonwealth of Massachusetts has signed lease agreements with Vineyard Wind and Mayflower Wind to use the New Bedford Marine Commerce Terminal as the primary staging and deployment base for the construction and installation of their offshore wind projects.

Hawaii & Alaska
Energy

AK - The Federal Government Will Hold an ANWR Lease Sale. But Drilling Would Be More Than a Decade Away

The Trump Administration on Monday set the stage for a lease sale in the Arctic National Wildlife Refuge in the coming months, but industry observers and Alaska leaders say oil won’t flow for years.

West Coast
Energy

CA - The Lights Went Out. Now California Might Let These Gas Plants Stay Open

State officials are poised to decide whether four gas-fired power plants along the Southern California coast should keep running past 2020, in the first major energy decision for Gov. Gavin Newsom's administration after this month's blackouts.

Gulf of Mexico
Energy

Gulf of Mexico - Oil Companies Evacuate Gulf of Mexico Workers Ahead of Hurricane Marco

Offshore companies have started to evacuate workers from production platforms and drilling rigs in the Gulf of Mexico ahead of Hurricane Marco and Tropical Storm Laura.

Northeast
Energy

NH - Coalition Supporting Offshore Wind Development Set to Launch

Concord, N.H. (AP) — A regional coalition that supports the development of offshore wind power is set to launch later this month.

Northeast
Energy

NY - New York Environmental Fund Stays Whole Amid Budget Concerns

Potential state budget cuts to cover the financial decline caused by the COVID-19 pandemic are not projected to impact New York's $300 million Environmental Protection Fund (EPF) contained in legislation passed last year to help fight climate change.

International
Energy

World - Green Hydrogen to Be Competitive With Fossil Fuels by 2040

Hydrogen made from renewable power will be compete on price with producing the gas from fossil fuels within two decades, according to analysis by research firm Wood Mackenzie Ltd.

Mid-Atlantic
Energy

NC - NC Attorney General Files Federal Lawsuit to Block Offshore Drilling

RALEIGH, N.C. (WECT) - Attorney General Josh Stein on Wednesday announced he has filed a lawsuit that seeks to block the Trump Administration from allowing seismic exploration for oil and gas off the North Carolina coast.

Mid-Atlantic
Energy

VA - Old Dominion University Awarded $775K Research Grant for Offshore Wind Solution

NORFOLK, Va. (WAVY) — Old Dominion University was recently awarded a $775,000 grant from the Department of Defense to continue research efforts on offshore wind technology along the Virginia coast.

Mid-Atlantic
Energy

MD - Maryland PSC Approves Larger Turbines for Skipjack Wind Farm

Maryland’s Public Service Commission has approved Danish wind-power company Ørsted’s proposed use of 12-megawatt turbines off the Ocean City, Md., coast for its planned Skipjack wind farm.

Coastwide
Energy

USA - Severe Storms Are Increasingly Leaving Us Without Power. Microgrids Can Help.

As climate change spurs worsening hurricanes, renewable microgrids have the potential to generate and redistribute power.

Coastwide
Energy

USA - Seven Policies to Tap U.S. Offshore Wind’s $166 Billion Economic Growth and Emissions Reduction Potential

As the COVID-19 recession trudges on, governments looking for economic recovery are embracing clean energy’s potential to create near-term jobs and long-term growth – especially when pairing economic recovery goals with climate goals.

International
Energy

Japan - Japanese Firms Partner up on Commercialisation of High-Power Fuel Cell Vessels

Japanese New Energy and Industrial Technology Development Organization (NEDO) has approved the participation of NYK Line, Toshiba Energy Systems & Solutions Corporation, Kawasaki Heavy Industries, ClassNK, and ENEOS Corporation in a demonstration project for the commercialization of high-power fuel cell (FC) vessels.

International
Energy

World - Solar Panels Are Starting to Die. Will We be Able to Recycle the E-Waste?

Solar photovoltaic (PV) panels convert sunlight into energy and continue to play an essential role in the fight to stop the climate crisis.

International
Energy

Norway - Neptune Setting up World’s Longest Heated Production Pipeline

Installation of the world’s longest heated subsea production pipeline is underway in the Norwegian sector of the North Sea.

Gulf of Mexico
Energy

TX - US Gulf of Mexico Oil Output Remains Lower

U.S. Gulf of Mexico crude oil output remained down 70%, or 1.29 million barrels per day, according to data released on Sunday by the Department of Interior, as companies continued to return crews to offshore facilities that were evacuated ahead of Hurricane Laura.

Northeast
Energy

NY - As New York Pushes Green Energy, Localities Bristle at Loss of Control

A new law gives New York State government more authority than ever over approvals for large-scale wind and solar energy projects.

Arctic & Antarctica
Energy

ARC - Advance of Russian Oil Could Mean Death to Life in Great Arctic Bay

The unprecedented development of petroleum resources in and around the shallow waters of the Ob Bay threatens a unique ecosystem.

Hawaii & Alaska
Energy

AK - Who Will Clean Up Alaska’s 'Orphaned' Oil Infrastructure?

You can feel the encroaching decay in the sides of buildings, in the limp remains of a once-proud drill rig slowly rusting into the waterlogged gravel and tundra.

West Coast
Energy

CA - Opinion: Controversy Continues Over Radioactive Waste Storage at San Onofre

The decommissioning of San Onofre Nuclear Generating Station has been riddled with controversies since it was shuttered in 2013, undermining public confidence in Southern California Edison’s management of highly radioactive nuclear waste which will be stored on-site for the foreseeable future.

Pacific Northwest
Energy

OR - NATURAL GAS: If Lawsuits Don't Kill Ore. LNG Terminal, Pandemic Might

An embattled liquefied natural gas export project in Oregon is facing yet another pitfall — an economic crisis spurred by a pandemic.

Northeast
Energy

NJ - $6 Million Now Available to Support Offshore Wind in New Jersey

The New Jersey Economic Development Authority (NJEDA) and the New Jersey Board of Public Utilities (NJBPU) have approved two Memoranda of Understanding (MOUs) that will make nearly $6 million available to support offshore wind and other clean energy projects in the state.

International
Energy

World - Wind partnership with Equinor is first step on long road for BP

Ground-breaking offshore wind partnership between Equinor and BP has different implications for each company, but both are heading in the same direction

Hawaii & Alaska
Energy

AK - BOEM Planning 2021 O&G Lease Sale in Alaska's Cook Inlet

The federal Bureau of Ocean Energy Management (BOEM) has announced that it intends to conduct an Environmental Impact Statement on new oil and natural gas leasing in Alaska’s Cook Inlet.

Northeast
Energy

NJ - New Jersey Opens Solicitation to Triple Offshore Wind Commitment, Outlines Pathway to 7.5 GW by 2035

New Jersey on Sept. 9 opened a second state offshore wind solicitation that could triple its committed capacity from 1.1 GW to 3.5 GW.

Coastwide
Energy

USA - Carbon Capture and Sequestration: Can Big Oil Save Money AND the Environment?

Carbon capture and storage technologies are seeking to achieve zero net emissions in America by 2050. To that end, a host of legislative initiatives has been proposed at the state and federal levels to research the feasibility of current carbon capture technologies and to determine whether such technologies make economic sense for businesses.

International
Energy

CAN - Government of Canada Invests in Tidal Power

The Government of Canada is committed to building a clean energy future to strengthen the economy, create good jobs and support the natural resource sectors. This commitment will be more important than ever as the economy is reopened and plans are made for recovery from the COVID-19 crisis.

Northeast
Energy

NY - Ørsted Agrees to Multi-Million South Fork Community Benefit Package

Ørsted, East Hampton Town, and the East Hampton Town Trustees have reached agreement on the terms of a contract which would allow the installation and maintenance of the South Fork offshore wind farm’s export cable.

Coastwide
Energy

USA - Offshore Wind Energy Will Deliver Few U.S. Jobs; Lack of Oversight Means Most Jobs Will Be Overseas

New developments have raised serious questions regarding the economic and job benefits from offshore wind energy projects in U.S. waters.

Coastwide
Energy

USA - U.S. LNG Exports Slip in July, Average Prices Rise

Liquefied natural gas (LNG) exports from the United States dropped in June, data from the Department of Energy shows.

Northeast
Energy

NJ - New Jersey Legislators Call to Suspend Offshore Wind Approval

A trio of New Jersey legislators who have promoted offshore wind energy development have called for suspending state approval of Ørsted’s Ocean Wind project, alleging the company has so far “failed to deliver” on its promises of new jobs and economic development in the state.

Northeast
Energy

ME - South Portland, Pipeline Company Square Off Before High Court

The city is fighting to protect an ordinance that would bar the Portland Pipeline Corp. from importing tar sands oil from Canada.

Coastwide
Energy

USA - U.S. Wants Bankrupt Offshore Drillers To Pick Up The Tab For Abandoned Wells

The U.S. Department of the Interior is proposing a regulation that will not allow oil producers to avoid picking up their offshore well decommissioning tab when they go bankrupt, the acting director of the department’s Bureau of Ocean Energy Management (BOEM), Walter Cruickshank, told Bloomberg.

International
Energy

NOR - Norway to Launch $2.7 Billion Longship Carbon Capture and Storage Project

The Norwegian government has submitted a proposal to Norwegian Parliament to launch “the greatest climate project in Norwegian industry ever” – the carbon capture and storage (CCS) project named Longship.

Arctic & Antarctica
Energy

ARC - Amid Growing Concern Over Arctic Petroleum, Big European Lenders Have Confidence in Russia's New Grand LNG Project

Green energy transition and industrial pressure on local Arctic environments notwithstanding, major financial institutions from Europe and Asia are ready to grant $9.5 billion to the Arctic LNG 2 project, Reuters reports.