A Delaware Senate committee advanced a bill that would strip Sussex County Council's authority to deny permits for a proposed offshore wind farm. The bill aims to override the council's previous ...

Learn more about what offshore banking is, what it’s used for and how to get started with an offshore account.

Banking offshore could benefit you, especially if you do business internationally. Here’s what offshore banking is, how it work. Subscribe To Newsletters. Subscribe To Newsletters; ...

Democratic Gov. Phil Murphy has made offshore wind a top priority during his administration, setting a goal in late 2019 for New Jersey to generate 7,500 megawatts of offshore wind energy by 2035.

There are more than 10,000 offshore wind turbines in Northern Europe and parts of Asia.But adoption of offshore wind in the U.S. has been hobbled by NIMBYism and permitting delays.So industry ...

Offshore banking is a strategy that, with the right guidance and due diligence, may provide access to privacy, diversification and legal insulation. Newsletters Games Share a News Tip.

Higher costs and serious delays are plaguing offshore wind projects. Consumers, investors, and the environment will pay the price.

U.S. President Donald Trump suspended new federal offshore wind leasing on his first day back in the Oval Office on Jan. 20, pending an environmental and economic review.

Offshore projects can require a decade to progress from planning stages to generating power. That means agreements on issues like the power price may be years old before the turbines are in ...

Orsted is not alone in encountering hazards in the fledgling offshore market in the United States. On Tuesday, BP, the London-based energy giant, said it would write down $540 million on three ...

Any offshore oil rig that extends past 1500 meters is considered to be an ultra-deepwater production facility. However, that's still nowhere close to the deepest man has explored in the ocean.