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.

Norway’s northernmost oil field, Johan Castberg, was officially opened today by Norwegian Energy Minister Terje Aasland, marking a significant milestone for petroleum operations in the Barents Sea region. The field,...

An offshore wind auction in Germany ended without a single bid, showing that zero-subsidy contracts aren’t in demand with investors.

BP has announced a significant oil and gas discovery at the Bumerangue prospect in deepwater offshore Brazil, marking the company’s largest discovery in 25 years. The exploration well, designated 1-BP-13-SPS,...

By Eamon Akil Farhat and William Mathis (Bloomberg) — The Scottish government has given SSE Plc consent to build what would be the world’s biggest offshore wind farm. The Berwick Bank wind...

Nexans and Crowley Wind Services have announced a partnership to develop and operate a Jones Act compliant cable lay barge specifically designed for offshore wind energy, telecommunications, and other subsea...

The Bureau of Ocean Energy Management (BOEM) announced yesterday it has rescinded all designated Wind Energy Areas (WEAs) on the U.S. Outer Continental Shelf, effectively ending the federal designation of...