BREAKING: Sweden Nixes Vattenfall’s Offshore Wind Project

(OW) The government of Sweden has rejected Vattenfall’s application to build an offshore wind farm at Stora Middelgrund off Sweden’s west coast, citing ”negative effects on the environment” and ”national interests” as the reasons for the decision. The Swedish government will not grant Vattenfall permission to build and operate the wind farm located offshore Halmstad, saying that ”the applicant has... Continue Reading →

Pemex Downplays Impact of Offshore Oil Spill

(Reuters) The chief executive officer of Mexican state energy oil Pemex on Wednesday sought to downplay an oil spill in the Gulf of Mexico this month, saying it was quickly fixed and less serious than academics had calculated. Pemex has been under intense pressure from non-governmental organizations and researchers from the country's top university to... Continue Reading →

Guyana to Take No Action on Exxon Contractor Until Formally Notified on U.S. probe – VP

(Reuters) Guyana's Vice President Bharrat Jagdeo on Thursday said the government will not take action against a local Exxon Mobil Corp contractor after Reuters reported its owners are under a U.S. criminal investigation. Last Friday, Reuters disclosed that U.S. government officials repeatedly warned Exxon against doing business with two Guyanese mining magnates who are involved in a... Continue Reading →

SBM Offshore targets floating wind in Nova Scotia

Dutch-based SBM Offshore and Ireland’s renewable project developer DP Energy have set up a joint venture to pursue floating offshore wind energy opportunities off Nova Scotia, Canada. The duo said they would work to support Nova Scotia’s ambitious climate action targets and “contribute meaningfully” to the phasing out of coal from the grid. The Canadian... Continue Reading →

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