Wind Energy – Leases USA
The Trump administration announced two more payouts for energy companies to walk away from U.S. offshore wind projects under development.
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The Trump administration announced two more payouts for energy companies to walk away from U.S. offshore wind projects under development.
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Following news that SouthCoast Wind was considering a deal to terminate its three offshore wind leases in the US, the Interior Department announced that the parent company had decided to terminate two of its projects, with SouthCoast Wind not included on the list.
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The Trump administration quietly missed the final deadline to appeal the court rulings that let five US East Coast offshore wind projects keep building.
[Read more…] about 5 OWFs move ahead after Trump admin misses appeal deadline
On Sunday, April 12, President Donald Trump said in a statement that the U.S. Navy would blockade the Strait of Hormuz, doubling the impact of the current Iranian closure.
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The USA announced an agreement with TotalEnergies for the company to redirect capital from expensive, unreliable offshore wind leases toward affordable, reliable natural gas projects that will provide secure energy for hardworking Americans.
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Trump has vowed to ‘blow up the entirety’ of Iran’s South Pars gas field if Tehran moves to attack Qatari gas fields again.
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America’s offshore wind industry achieved a historic milestone late Friday when the country’s first major sea-based wind project completed construction and a second one announced it had begun generating electricity.
[Read more…] about US’s largest offshore wind projects are generating power
U.S. officials are drafting agreements to pay nearly $1 billion to oil major TotalEnergies as compensation for the cancellation of leases for wind farms in federal waters off New York State and North Carolina, the New York Times reported on Tuesday.
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Revolution Wind announced last week that the project has started delivering power to New England’s electric grid.
[Read more…] about Revolution Wind begins delivering power to New England
In response to deteriorating regional security in the Middle East following a US and Israeli attack on Iran, Thailand’s Ministry of Energy has called on oil and gas operators to support national energy security.
[Read more…] about Thailand asks operators to halt oil exports amid crisis