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March14 (newbedfordlight.org) A crew of Americans and Europeans, assisted by a heavy lift crane and high-tech bolting tools, hoisted and secured the 186th and final blade at Vineyard Wind on Friday, closing the lengthy chapter on the project installation, and cementing the “Forever First” project as the second but now largest commercial-scale offshore wind farm... Continue Reading →
March 14 (offshoreWIND.biz) Revolution Wind has begun delivering electricity to the New England grid, Ørsted, which owns the US offshore wind farm together with Skyborn Renewables, said on 14 March. The offshore wind farm comprises 65 Siemens Gamesa SG 11.0-200 DD wind turbines and powers Rhode Island and Connecticut. Once fully commissioned, the 704 MW... Continue Reading →
March 10 (Reuters) - Exxon Mobil is seeking to abandon its corporate registration in New Jersey and redomicile in Texas where its headquarters is located, the U.S. oil major said on Tuesday, in a move that could help bolster its defenses against activist shareholders and climate advocates. Exxon announced the proposal in a proxy filing. If the move is approved... Continue Reading →
Feb. 27 (Reuters) Venezuela's oil ministry has suspended 19 oil production-sharing contracts with private companies signed under the administration of President Nicolas Maduro, four sources with knowledge of the move told Reuters on Thursday. The suspension has had no impact on the country's oil and gas output so far, the sources said. State oil giant... Continue Reading →
Feb. 27 (oilprice.com) The U.S. Department of Justice is siding with Argentina in a legal case of $18 billion relating to the 2012 nationalization of Argentinian oil company YPF. In 2012, the Argentine government took control of the country’s largest oil and gas company, YPF S.A. The legal fight stems from Argentina’s 2012 expropriation of YPF shares... Continue Reading →
FEB. 26 (offshoreWIND.biz) The government of Nova Scotia has introduced legislation that would set bid fees and levies for offshore wind developers as part of the Canadian province’s broader offshore wind licensing regime. On 24 February, Premier of Nova Scotia, Tim Houston, tabled the Powering the Economy Act, which creates an Offshore Renewable Energy Revenue... Continue Reading →
Feb. 20 (Reuters) The U.S. Supreme Court has struck down sweeping tariffs that Trump pursued under a law meant for use in national emergencies. It hands a stinging defeat to the Republican president in a landmark opinion with major implications for the global economy. In a 6-3 ruling authored by conservative Chief Justice John Roberts, the justices upheld a lower court's... Continue Reading →
Feb. 19 (offshoreWIND.biz) The US Department of Justice, Environment & Natural Resources Division, filed a Notice of Appeal on 17 February in the case in which a federal judge ruled in favour of 18 states that sued the Trump administration over the sweeping ban on wind energy projects. In May 2025, seventeen US states and the District... Continue Reading →
Feb 19 (Reuters) - The scrapping of the foundation for U.S. federal climate regulations has upended energy investor narratives that have prevailed so far this decade, and is sparking a re-think on which sectors might now win and lose in the U.S. energy space. The repeal of the so-called Endangerment Finding removes the legal basis for federal... Continue Reading →
Feb 19 (Reuters) - In September, a rig used to drill wells in shallow waters completed the long trip from China to Venezuela's oil-producing region of Lake Maracaibo. The passage of the big old rig named Alula just inches below the bridge connecting Maracaibo city with the oilfields of the lake's eastern coast stirred excitement... Continue Reading →
Brazil Energy Insight 