General – Climate Target
Last week, European ministers reached an agreement on the 2040 climate target.
[Read more…] about EC agreement on 2040 climate targetØrsted to raise $9.3bn after US offshore wind farm sale crumbles
Wind Energy – Negative Developments
Danish offshore wind developer Ørsted has decided to discontinue the process for the partial divestment of the 924MW Sunrise Wind offshore wind farm set to deliver power to New York.
[Read more…] about Ørsted to raise $9.3bn after US offshore wind farm sale crumblesDutch government amends IJmuiden Ver permit
Wind Energy – Politics
The Dutch government has decided to amend the permit for the IJmuiden Ver Beta wind farm (2 GW).
[Read more…] about Dutch government amends IJmuiden Ver permitNew Zealand reverses its ‘ill-fated’ oil and gas ban
Fossil Energy – Politics
New Zealand’s parliament on Thursday passed legislation to reopen the country for offshore oil and gas exploration, lifting a ban imposed by former Prime Minister Jacinda Ardern.
[Read more…] about New Zealand reverses its ‘ill-fated’ oil and gas banEquinor claims $955M impairment for US offshore projects
Wind Energy – USA
Equinor booked a $955m impairment on its US offshore wind portfolio in the second quarter of 2025 amid regulatory challenges posed by the Trump administration.
[Read more…] about Equinor claims $955M impairment for US offshore projectsHarbour Energy cuts UK workforce by a quarter
General – Cut Jobs
Oil and gas producer Harbour Energy is set to cut 250 jobs, approximately a quarter of the workforce at its UK unit based in Aberdeen.
[Read more…] about Harbour Energy cuts UK workforce by a quarterTrump suspends new federal offshore wind leasing
Politics – Trump
U.S. President Donald Trump in his first day of office on Monday suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife.
[Read more…] about Trump suspends new federal offshore wind leasingPrysmian ditches plan to build US offshore wind cables factory
General – US Politics
Italy’s Prysmian will abandon a plan to build a plant in the United States to make cables for offshore wind parks, the group said in a statement seen by Reuters on Tuesday, even as it expands its overall business in the country.
[Read more…] about Prysmian ditches plan to build US offshore wind cables factoryDoug Burgum emphasizes energy production for US security
General – US Politics
Donald Trump’s pick to lead the Interior Department, Doug Burgum, said on Thursday he will vigorously pursue the president-elect’s goals of maximizing energy production from U.S. public lands and waters, calling it key to national security.
[Read more…] about Doug Burgum emphasizes energy production for US securityTrump calls for North Sea to be reopened and wind turbines removed
General – Politics
Donald Trump wants the North Sea to be reopened for oil exploration and wind turbines removed.
[Read more…] about Trump calls for North Sea to be reopened and wind turbines removed