US auctions first Gulf of Mexico Oil and Gas since 2023
On Wednesday, the Trump administration will conduct the first government sale of oil-and-gas drilling rights in Gulf of Mexico?since 2023. This is a test of the industry's appetite?for offshore acres at a moment when the United States?is trying to increase domestic fossil fuel production. The auction is one of the 30 required…
Environmentalists sue Gulf of Mexico Oil Auction to Stop it
On Tuesday, environmental groups sued the Trump Administration for its decision to proceed with the planned December 10, offshore oil and natural gas lease sale that covered 80 million acres (32 millions hectares) of the Gulf of Mexico. Why it's Important The lawsuit filed in U.S. District Court for the District of Columbia…
Trump proposes Alaska oil sale by 2026, finalizes sale of US Gulf oil leases
It was announced on Friday that the Trump administration would hold an auction to drill oil and gas in the U.S. Gulf of Mexico next month. They have also proposed another one in a waterway located in southern Alaska. About 80 million acres will be available for lease in the U.S. Gulf of Mexico. President Donald Trump calls it the Gulf of America.
Judge rules that Trump administration may reconsider SouthCoast wind approval
The U.S. District Court ruled Tuesday that the Interior Department of President Donald Trump may review the Biden Administration's approval for the SouthCoast project off the coasts of Massachusetts. The order returns the matter to Interior's Bureau of Ocean Energy Management for a re-examination of its decision, as part of Trump’s review of U.S. Offshore Wind Leasing and Permitting.
Orsted shares rise 12% after US Judge lifts Trump's ban on Revolution Wind project
Orsted shares rose up to 12% on early Tuesday trade after a U.S. Federal Judge ruled it could resume work on the nearly completed Revolution Wind project that was halted last month by U.S. president Donald Trump's government. Trump has been repeatedly critical of wind farms, calling them ugly, unreliable, and expensive. He has urged federal agencies to curtail the development of wind power.
US Judge rules Trump can't block Rhode Island offshore Wind Project
A federal judge ruled that the Danish offshore wind developer Orsted could restart the work on the almost finished Revolution Wind project, off the coasts of Rhode Island. The project was halted by President Donald Trump’s administration last month. Trump's efforts to stop offshore wind expansion in U.S. waterways have been hampered by the ruling.
US court weighs Trump's halt to Rhode Island offshore wind project
On Monday, a federal judge will review a request from Danish offshore wind developer Orsted for the restart of work on the almost finished Revolution Wind project that was halted by President Donald Trump’s administration last month. Orsted, along with its joint venture partner Skyborn Renewables, has asked Judge Royce Lamberth at the U.S.
Developer says US stoppage of Rhode Island offshore wind is unjustified
According to court documents filed Thursday, the owners of Revolution Wind claimed that the reasons given by the Trump administration for stopping the work on their Rhode Island offshore windfarm were "factually inaccurate" and revealed only after the government had ordered the project to be halted. The filing at the U.S.
US asks federal courts to cancel permit for Maryland off-shore wind farm
According to court documents filed Friday, the Trump administration asked a federal district judge to overturn the Interior Department’s approval for a wind farm to be built off the coast Maryland in 2024. Attorneys for the agency claimed that Interior's Bureau of Ocean Energy Management underestimated the impact of the…
Orsted's Revolution Wind files suit against the Trump administration for project cancellation
A court filing on Thursday showed that the Revolution Wind joint-venture of Orsted, the Danish wind farm developer, has sued the Trump administration over its decision to stop construction of the project near Rhode Island. Last month, the U.S. Bureau of Ocean Energy Management gave Revolution Wind an order to stop work.
New England officials claim that the US's decision to halt a wind project is a mystery.
Business and government leaders in New England claimed that the Trump administration's decision to stop work on a nearly finished wind farm near the coast of Rhode Island is a threat to grid reliability and jobs, and it defies any explanation. Connecticut and Rhode Island state leaders demanded information from the Trump…
Orsted Shares Drop as US Halts Offshore Rhode Island Wind Farm
Shares in Orsted plunged 17% on Monday after the U.S. halted the Danish company's Revolution Wind project off Rhode Island amid President Donald Trump's pushback on renewable energy investments.Orsted, the world's biggest offshore wind farm developer, has already faced mounting challenges, including rising costs, higher interest rates…
Orsted cash plan is at risk after Trump blocks US Wind Project
Analysts said that Orsted's plans to raise capital are at risk after a U.S. court order to stop construction on a nearly completed project. The Danish group's stock price may also be under pressure Monday due to the U.S. ruling. Orsted announced on Monday that it would continue with its planned rights issue, despite an order from the United States.
US to sell Gulf of Mexico oil and Gas Leases in December
According to the U.S. Bureau of Ocean Energy Management, the Trump administration proposes to sell oil and gas drilling on 80 million acres of the Gulf of Mexico by December 10. Donald Trump has changed the name of the Gulf of Mexico to the Gulf of America. This sale is the first in a five-year drilling program, launched by Biden during the period of the auction.
South Carolina's Republican Governor asks that Trump's offshore drilling plan exclude South Carolina
The Republican Governor of South Carolina appealed Monday to the Trump Administration to exclude his state from an impending plan for offshore oil and natural gas production. The letter was sent as the Administration wrapped up a 45 day request for public input on a federal offshore leasing program. This could include new zones…
Wind opponents sue Trump Administration to block New York wind projects
Fishing companies, as well as offshore wind opponents, filed a suit on Tuesday to challenge the Trump administration’s decision to reverse its course and allow construction on Empire Wind to resume. Empire Wind is a $5 billion project for a wind farm off New York’s coast. Protect Our Coast New Jersey and Clean Ocean Action along with ACK for Whales…
Equinor could cancel New York offshore project due to Trump's order
Developer of major U.S. off-shore wind project warns that it will cancel Empire Wind facility near the coast of New York, if they cannot resolve a stop-work order from the Trump administration issued a month ago. Molly Morris is the president of Equinor's U.S. renewable energy division. She said that the company spends $50 million per week to keep this project alive.
US to revise offshore oil and natural gas bonding rules era Biden
The Trump administration is revising a Biden era rule which required the oil and natural gas industry to provide new financial guarantees of nearly $7 billion to cover the costs of decommissioning older infrastructure. This was announced by the Interior Department on Friday. The agency stated in a press release that it would be developing a new regulatory framework, but gave no specifics.
Trump Administration kicks off plan to expand offshore drilling
The U.S. The U.S. Donald Trump ordered the government to find ways to increase U.S. oil production. He argued that previous administrations had curtailed drilling unnecessarily to combat climate changes. He also rescinded the efforts of former president Joe Biden to stop oil drilling in the Arctic, and large areas along the U.S. Atlantic Coast and Pacific Coast.
BOEM Advances Offshore Wind Leasing in Guam
In support of the current administration’s goals to deploy 30 gigawatts (GW) of offshore wind energy capacity by 2030 and 15 GW of floating offshore wind energy capacity by 2035, the Bureau of Ocean Energy Management (BOEM) today announced the publication of a Call for Information and Nominations (Call) for possible wind energy leasing off the coast of the U.S.