Europe is starting to find the limit of a decades-long boom in offshore wind. It can be seen most acutely in the places that have been quickest to build capacity. Countries like Denmark and Sweden are beginning to hit a wall as power prices and incentives drop too low to make building projects worth it. The latest example is a Danish government auction for offshore wind that failed to attract any bids.

The Bureau of Ocean Energy Management (BOEM) has released its Draft Programmatic Environmental Impact Statement (EIS) for Gulf of Mexico oil and gas lease sales. The announcement comes on the...

By Sanne Wass (Bloomberg) — Denmark received no bids in its largest-ever wind power tender, aimed to more than triple its offshore capacity by the end of the decade. The Danish...

The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has issued two major decisions advancing offshore wind development along the U.S. East Coast, despite potential headwinds from...

Donald Trump's transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U.S. coast and on federal lands, according to two sources familiar with the plans.

By Mitchell Ferman (Bloomberg) — Oil and gas producers in the US will not raise output significantly in the coming years despite calls from President-Elect Donald Trump to “drill, baby, drill,”...

Off the coast of Mississippi, a startup has completed its first floating platform for offshore wind turbines. Aikido Technologies Inc.’s solution would allow companies to deploy traditional turbines further from land, where the wind tends to blow stronger and more consistently, and the company sees the Mississippi deployment as a big step toward commercialization.

Orsted A/S has launched the sale of a stake in one of the world’s biggest wind farms planned off the UK coast, according to people familiar with the matter.

Russia dismissed as "absurd" on Wednesday any suggestion that it had been involved in damage caused at the weekend to two fiber-optic data telecommunication cables in the Baltic Sea.

Singapore-based rig builder Keppel Ltd. is set to secure complete control over 13 legacy rigs currently held by Rigco Holding Pte. Ltd. (Asset Co), part of a strategic move reflecting...

The Bureau of Ocean Energy Management (BOEM) is forging ahead with its offshore wind development plans in California, despite looming political uncertainties surrounding the incoming Trump administration. In a move...

Two of the world's biggest renewables players on Wednesday warned of challenges for the U.S. offshore wind sector under a presidency led by Donald Trump, flagging potential delays for the technology slammed by the president-elect.