Latest in Offshore Oil Back
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Offshore oil is back. At what cost?
Years after one of the worst spills in history, companies in search of new discoveries are drilling even deeper into the seabedBusiness - Financial Times - 4 hours ago -
Oil scores back-to-back gains, but ‘bearish landscape’ remains
Oil futures scored a second straight session of gains on Tuesday to claw back some of steep losses suffered last week, with prices supported by some upbeat prospects for Chinese demand and ongoing ...Business - MarketWatch - October 22 -
Trump expected to roll back environmental protections, boost oil and gas
Former President Trump’s electoral victory will likely mean a significant shift in U.S. energy and environmental policy. His return to the White House next year is expected to lead to a rollback of ...Politics - The Hill - November 6 -
Oil prices post first gain in 3 sessions, but demand concerns prevail
Oil futures finished higher on Tuesday, recouping a small portion of back-to-back losses driven by worries about the prospects for demand, which contributed to a retreat in the U.S. benchmark below ...Business - MarketWatch - 5 days ago -
U.S. oil benchmark settles below $70 a barrel on China stimulus disappointment
Oil futures settled at their lowest in nearly two weeks Monday following disappointing economic data from China, the world’s largest crude importer, and expectations for higher U.S. production once ...Business - MarketWatch - 6 days ago -
Trump fears overshadow US offshore wind gathering
A victory for the Republican candidate in next week’s election could all but bring the sector to a standstillWorld - Financial Times - October 31 -
Russia halting strikes on energy targets could lead to peace talks, says Zelenskyy
Ukrainian president floats mutual cessation of aerial attacks on power grids as first step towards ending warBusiness - Financial Times - October 22 -
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Sweden scraps plans for 13 offshore windfarms over Russia security fears
Decision comes after military concludes projects would complicate defending Nato’s newest member against attack. Sweden has vetoed plans for 13 offshore windfarms in the Baltic Sea, citing ...World - The Guardian - November 4 -
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GE Vernova boss keeps search for offshore wind turbine orders on ice
Chief of world’s third-largest manufacturer hopes economic environment will improve after difficult periodWorld - Financial Times - 6 days ago -
Charles Sporck, an Early Champion of Moving Microchip Manufacturing to Asia, Dies at 96
He argued that offshoring allowed the U.S. semiconductor industry to create more high-paying jobs at home.World - The Wall Street Journal - 5 days ago -
Trump victory raises risk of investing in offshore wind projects, says RWE
German energy firm shaves €3bn from spending plans for next financial year to €7bn. A German energy firm has said that Donald Trump’s election victory has increased the risks of investing in ...World - The Guardian - 4 days ago -
House Democrats call on Biden to expand offshore drilling protections ahead of transition
The top Democrat on the House Natural Resources Committee called on President Biden Friday to take action to permanently restrict drilling off U.S. coastal waters before leaving office in January. ...Politics - The Hill - 2 days ago -
Big offshore wind project proposed for New York as other sites are evaluated in 3 states
Offshore wind energy projects in New York, New Jersey and Maryland are moving forward, as federal regulators examine the proposals and opponents increase their legal challenges to the workTech - ABC News - October 22 -
Offshore wind industry says 'misinformation' from foes is a strong headwind it must fight
The offshore wind energy industry says it needs to fight back against disinformation being spread by opponents of wind farmsTech - ABC News - October 29 -
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Oil prices drop over 6% after Israeli airstrikes spare Iran’s oil facilities
Oil futures fell sharply Monday, with U.S. and global benchmark crude posting the largest one-day percentage decline in over two years after widely anticipated Israeli airstrikes against Iran did ...Business - MarketWatch - October 28 -
OPEC extends oil output cuts
The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...Politics - The Hill - November 4 -
Oil prices end lower on progress toward Israel-Hamas cease-fire talks
Oil futures finished lower on Thursday, after comments from U.S. Secretary of State Antony Blinken suggesting progress toward Israel-Hamas cease-fire negotiations eased the risk of disruptions to ...Business - MarketWatch - October 24 -
Money from oil execs flows to Trump
{beacon} Energy & Environment Energy & Environment The Big Story Oil and gas tycoons open wallets for Trump The executives made significant contributions supporting former President Trump's ...Politics - The Hill - October 31 -
Exxon and Chevron Feel Brunt of Cheaper Oil
The oil giants posted lower third-quarter profits as energy prices sank and fuel-making margins narrowed.Business - The Wall Street Journal - November 1 -
With Oil Prices Weak, OPEC Plus Postpones Increases Again
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday.Business - The New York Times - November 4 -
Opec+ members delay planned rise in oil production
Cartel to leave output curbs in place an extra month in effort to boost anaemic crude pricesBusiness - Financial Times - November 3 -
Oil Jumps as OPEC+ Further Delays Output Hike
Oil prices rose after OPEC and its allies pushed back a planned production increase by a month, signaling caution amid growing concerns about weaker global demand and lower prices.World - The Wall Street Journal - November 4 -
Saudi Aramco Profit Falls on Oil-Price Weakness
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.Business - The Wall Street Journal - November 5 -
Explosion at Turkish oil refinery injures 12
An explosion at an oil refinery in northwestern Turkey has slightly injured 12 employees and a fire at the facility has been brought under controlWorld - ABC News - November 5 -
Oil ends down on the day, up for the week on conflicting supply-demand prospects
Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy demand in the face of President-elect Donald Trump’s support for more ...Business - MarketWatch - November 8 -
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'Dying of thirst' as climate-driven floods mix with oil
With swathes of South Sudan submerged, a whistleblower warns water sources are being polluted by oil.Top stories - BBC News - November 11 -
Legal challenge to Rosebank oil field begins
Campaigners want to stop the Rosebank oil and Jackdaw gas fields, but oil companies say they are vital.Top stories - BBC News - 5 days ago -
How oil and gas companies disguise their methane emissions
FT analysis shows that firms regularly hide leakages of the deadly greenhouse gas — despite this being one of the easiest climate fixes there isBusiness - Financial Times - 6 days ago -
Oil and gas are a 'gift of god', says COP29 host
Azerbaijan's president said countries should not be blamed for having fossil fuel reserves.Top stories - BBC News - 5 days ago -
Government admits new oil field approved unlawfully
Climate campaigners are bringing a legal case they hope will halt drilling at two huge fossil fuel projects.Top stories - BBC News - 4 days ago -
Billions at stake in court battle over North Sea oil
Lawyers and campaigners have made their arguments before Lord Ericht in Edinburgh this week.Top stories - BBC News - 2 days ago