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Dec. 17 (Reuters) U.S. President Donald Trump ordered on Tuesday a "blockade" of all sanctioned oil tankers entering and leaving Venezuela, in Washington's latest move to increase pressure on Nicolas Maduro's government, targeting its main source of income. It is unclear how Trump will impose the move against the sanctioned vessels, and whether he will... Continue Reading →
Dec. 9 (offshoreWIND.biz) A federal judge has struck down the US President Donald Trump’s indefinite halt of all federal approvals and permitting for new wind energy projects. In a ruling on 8 December, Judge Patti Saris of the US District Court for the District of Massachusetts ruled in favour of 17 US states and the... Continue Reading →
Dec. 3 (offshoreWIND.biz) The US Department of Justice (DOJ) has asked a federal court to remand the federal approval of the New England Wind offshore wind project to the Bureau of Ocean Energy Management (BOEM), which issued it last year and now wants to conduct further review, according to a filing submitted on 2 December... Continue Reading →
Dec 1 (Reuters) - Global commodity trading house Gunvor's CEO Torbjorn Tornqvist will step down and sell his shareholding in a management buyout, weeks after the U.S. dubbed the firm the "Kremlin's puppet" over its past Russian links. The firm said on Monday that Americas head Gary Pedersen, hired by the company last year, will... Continue Reading →
Dec. 1 (splash247.com) Seatrium has escalated its dispute with Maersk Offshore Wind’s affiliate Phoenix II, launching arbitration over the abrupt cancellation of a near-complete wind turbine installation vessel (WTIV) originally contracted at $475m. The Singapore yard filed its notice of arbitration on 28 November under London Maritime Arbitrators Association terms, seeking a ruling that Phoenix... Continue Reading →
Nov. 26 (oilprice.com) The Trump administration is after Venezuela’s oil with its military campaign against the South American country, the president of Colombia, Gustavo Petro, told CNN in an interview. “(Oil) is at the heart of the matter,” Petro told the U.S. news outlet. “So, that’s a negotiation about oil. I believe that is (US President... Continue Reading →
Nov 24 (Reuters) - Despite the U.S. government souring on the global climate agenda ahead of the COP30 summit, American companies did not shy away. A Reuters analysis of attendance lists shows there were 60 representatives of Fortune 100 companies at the Brazil event, compared with 50 at last year's in Baku, Azerbaijan. Still others attended pre-conference... Continue Reading →
Nov 21 (Reuters) - U.S. sanctions are dismantling what remains of Lukoil's Litasco, once Russia's biggest oil trader and a rival to top Swiss houses and oil majors, five sources told Reuters. The measures, which also target state-owned Rosneft, took effect on Friday as Washington seeks to choke off Moscow’s ability to fund its war in... Continue Reading →
Nov 20 (Reuters) - U.S. President Donald Trump on Thursday removed his 40% tariffs on Brazilian food products, including beef, coffee, cocoa and fruits that were imposed in July to punish Brazil over the prosecution of its former president, Trump ally Jair Bolsonaro. The move follows a similar order by the administration last Friday to remove tariffs on several... Continue Reading →
Nov. 20 (offshoreWIND.biz) Ørsted has completed the 2025 foundation installation campaign at the Sunrise Wind offshore project site in the US and is now commencing cable installation works on both its projects under construction in the Northeast US, Revolution Wind and Sunrise Wind. According to the latest Notice to Mariners from the developer, Bokalift 2 and Bokalift 1 have... Continue Reading →
Brazil Energy Insight 