The Trump administration has expanded its newfound strategy of unwinding offshore wind development through negotiated buyouts, announcing two new agreements that will see two projects give up federal offshore leases...

Reunification marks major shift in offshore oversight model built after Deepwater Horizon.

Equinor has officially moved into the drilling phase of its massive Raia gas development offshore Brazil, marking a key step forward for one of the country’s most strategically important energy projects.

Dominion Energy’s massive Coastal Virginia Offshore Wind (CVOW) project has delivered its first electricity to the grid, marking a major milestone for the largest offshore wind development in the United...

The U.S. Bureau of Ocean Energy Management has advanced the next phase of potential offshore mineral leasing near the Commonwealth of the Northern Mariana Islands, expanding the area under consideration and moving the...

The Trump administration has struck a $928 million deal with TotalEnergies to abandon two major U.S. offshore wind leases and redirect the capital into LNG and oil and gas development, marking a decisive shift in strategy after federal courts blocked efforts to halt projects on national security grounds.

By Ari Natter Mar 13, 2026 (Bloomberg) –The Trump administration approved BP Plc’s plan to pump billions of dollars worth of crude from what will be the company’s first virgin field...

The U.S. Bureau of Ocean Energy Management (BOEM) announced Wednesday that it will begin preparing a programmatic environmental impact statement (PEIS) to evaluate potential offshore oil and gas lease sales across California’s...

A consortium led by U.S. oil major Chevron signed exclusive lease agreements on Monday to look for natural gas off southern Greece, expanding the United States' presence in the eastern Mediterranean.

The Department of the Interior has announced a comprehensive schedule for offshore oil and gas lease sales in the “Gulf of America” and Alaska’s Cook Inlet, following directives from the...

Orsted A/S’s debt was downgraded by S&P Global Ratings to the lowest tier of investment grade, surprising some analysts days after the Danish wind turbine maker announced a $9 billion rights offering to shore up its finances.

Shares in Orsted plunged to a record low on Monday as the wind farm developer asked shareholders for $9.4 billion to help fund a U.S. project, after potential partners were put off by U.S. President Donald Trump's hostility to wind power.