Post Tagged with: "US offshore wind"

Source: Reuters

Shell sells interest in U.S. offshore wind joint venture as company refocuses on oil and gas

World Oil


(WO) – Shell New Energies US LLC has sold its 50% equity share in SouthCoast Wind Energy LLC to joint venture partner Ocean Winds North America LLC.

SouthCoast Wind is a 50-50 joint venture between Shell and Ocean

Source: Reuters

U.S. offshore wind sector ‘fundamentally broken’ – BP exec

Oil Price


The U.S. offshore wind industry is “fundamentally broken” and needs a reset, a clean energy executive at supermajor BP said at the FT Energy Transition summit on Wednesday.  But the regulatory and permitting environment for the industry can …

Source: Reuters

U.S. offshore wind auction nears $4bln on third day of bidding

Nasdaq


WASHINGTON, Feb 25 – The Biden’s administration’s sale of offshore wind development rights off the coasts of New York and New Jersey continued to shatter all records on Friday, reaching over $3.8 billion with one single block fetching over …

February 25, 2022 - 12:30 pm Closing Bell Story‎, Crude Oil News, Energy News, Offshore, Wind
Source: CNBC

Big potential, but challenges to overcome: A look at offshore wind in the U.S.

CNBC


Stretching for thousands of miles, the east coast of the United States is home to major cities, stunning beaches and millions of people. Soon, though, it could also host several major offshore wind farms, a development that would have