On tiny Block Island, towering turbines generate mixed emotions about views and costs.
China has taken over Scotland's oil production and now controls two of the North Sea’s biggest oilfields. According to The Times' analysis of China National Offshore Oil Corporation's (CNOOC) accounts, a CNOOC-owned company Nexen extracts nearly 200,000 barrels of oil per day across those two fields. Show More Summary
A Rhode Island project marks a new chapter in the nation’s changing electricity grid.
By Peter Coy (Bloomberg) The U.S. and other coastal nations could lose millions of square nautical miles of ocean that are now in their exclusive economic zones. The loss would be an indirect result of an arbitration panel’s ruling on China’s dispute with the Philippines in the South China Sea. Show More Summary
Although the United States is not new territory for wind farms, Deepwater Winds’ Block Island Wind Farm will be the first in the nation to be located offshore. The project calls for construction to take place through late summer, with the wind farm generating renewable energy for the local community by the end of the year. Show More Summary
The Netherlands may become home to the world’s cheapest offshore wind farm in as little as 10 years, according to the nation’s government. Plans for a 700 MW wind farm are coming together and, after considering 38 bids from developers, the cost of the Borssele offshore wind farm is now estimated to run $2.9 billion less than originally thought. Show More Summary
Aw, thanks, anon! You’re making us blush! We do our best to bring national marine sanctuaries to people who can’t get into their sanctuary on a regular basis (or ever! Some of them are way out offshore). We’ve got lots more photos and videos of these special places on our website, too.
North Sea countries mull wind energy strategy; Offshore coordination could be a substantial cost-saver, commissioner says. Daniel J. Graeber, June 6, 2016 (United Press International) “Nine countries that border the North Sea…[will]Show More Summary
BRUSSELS (Reuters) - Eleven energy and technology firms said on Monday offshore wind can be as cheap as gas and coal within a decade, but said European nations must do more to ensure a stable legal framework to inspire investment in zero carbon generation.
Primeline Energy Holdings Inc. announces that it has sent a letter to China National Offshore Oil Corporation (CNOOC) and CNOOC China Limited (CCL) (together
Ever since Apple promised to set up a technology development centre outside US, many countries, including India amongst larger European nations, were identified for an offshore centre. Finally, India got the green light and Hyderabad was chosen as the city to host the office facility. Show More Summary
Investigation report reveals, Petro Poroshenko is accused shifting about 4 million euros from Ukraine to an offshore jurisdiction in breach of the National Bank of Ukraine (NBU) rules.
Chinese nationals became the largest foreign buyers of US homes last year as they pour billions into American real estate, seeking safe offshore assets, according to a new study. A huge surge in Chinese buying of both residential and commercial real estate last year took their five-year investment...
TORONTO (Reuters) - Canada's biggest bank is handing over to the government names of clients with “relationships or connections” to a Panamanian law firm at the center of a massive leak of offshore financial data, national media reported on Thursday. Show More Summary
By Jessica Shankleman (Bloomberg) — The highest carbon tax in an oil producing nation has persuaded Norway’s state-owned driller to experiment with batteries and wind turbines as an alternative for supplying electricity to offshore rigs. Show More Summary
At least 150,000 UK nationals are estimated to have gathered in London on Saturday to protest the government’s austerity measures and to demand Prime Minister David Cameron’s resignation for his connection to the recent offshore scandal, local media reported.
The chairman of the Scottish Land and Estates (SLE), the organization that represents private landowners, told Sputnik on Friday that it welcomed the intention of the ruling Scottish National Party (SNP) to introduce more transparency in the land ownership following the so-called Panama Papers leak.
Just how many politicians, athletes and bankers parked their money in tax-free accounts in Panama? Whether the amounts are big or small, nobody likes to pay taxes. While comparatively few of us set up an offshore shell company, some might be tempted to ask for unrecorded cash for services or to hide a bit of income to avoid a tax […]
Bulgarian Finance Minister Vladislav Goranov made clear that his office and the National Revenue Agency (NRA) stand ready to look into allegations of Bulgarian nationals running or being linked to tax havens, a Bulgarian radio station reported.
Economic and financial ministers of the 28 EU nations will gather for an informal meeting on April 22 to discuss the so-called Panama Papers leak that allegedly exposed offshore financial schemes, the defense minister of the Netherlands, which is currently presiding over the European Council, said Tuesday.