Canceled offshore wind projects, imperiled solar factories, and fading demand for electric vehiclesA year after the passage of the largest climate change legislation in U.S. history, meant to touch off a boom in American clean energy development…
Brazil's environment protection agency Ibama is expected to decide by early next year if state-run oil company Petrobras PETR4.SA can drill near the mouth of the Amazon River, Ibama's president Rodrigo Agostinho said on Wednesday.The area is part of Brazil's Equatorial Margin…
Recent decisions in the United States and Britain to accept higher prices for offshore wind developments are a welcome sign that authorities are adjusting to higher costs in the industry, Equinor's head or renewables said on Tuesday.'I believe that politics and markets will adjust…
Venezuela is close to approving a license for Shell and the National Gas Company of Trinidad and Tobago to develop a promising offshore natural gas field and export its production to the Caribbean country, two people close to the matter said…
Britain will increase the guaranteed price offered for offshore wind projects in its next renewables auction by 66%, the government said on Thursday, as it seeks to spur more projects after its last auction failed to attract any offshore wind investment…
Oil production consortia led by TotalEnergies and Exxon Mobil bid on separate shallow-water oil and gas blocks in Guyana's first competitive auction, a government official said in a briefing on Thursday.The official disclosed which companies…
A U.S. appeals court on Thursday temporarily paused a federal judge's order last month that had required the Biden administration to expand a planned offshore oil and gas auction in the Gulf of Mexico by 6 million acres (2.4 million hectares)…
Colombia hopes to launch its first-ever tender to license offshore wind blocks in December, Minister of Mines and Energy Andres Camacho said on Tuesday, adding that the ministry was analyzing more than 50 comments on a draft of the rules.In July…
Ghana is looking to boost its oil and gas production by selling more exploration rights, aiming to avoid leaving valuable fossil fuels in the ground and generate revenue to fund its energy transition, a Ghanaian official said on Tuesday.The…
Britain's decision to authorize new licenses for oil and gas exploration in the North Sea was lawful, London's High Court ruled on Thursday, dismissing a legal challenge by Greenpeace. The environmental campaign group had argued Britain's failure…
Australia's energy regulator initiated on Thursday a lawsuit against Santos Ltd saying the oil and gas producer breached auction record-keeping rules between March 2019 and June 2021.The Australian Energy Regulator (AER) started the proceedings…
Colombia is proposing to force bidders for offshore wind projects to give a state company a stake in the developments, as part of a wider set of draft modifications to the rules governing the process published this week.The government of President Gustavo Petro…
The Biden administration's plan to slash offshore oil and gas leasing drew fire from both the fossil fuel industry and environmentalists on Friday, with energy companies saying it will raise fuel prices and greens saying it undermines efforts to stop global warming…
The Biden administration on Friday unveiled a plan to phase down oil and gas auctions in federal waters with the release of a long-awaited leasing schedule that includes a maximum of three sales in the Gulf of Mexico through 2029.The Interior…
A U.S. judge on Wednesday refused to overturn a California county's decision to block Exxon Mobil Corp from using tanker trucks to ship crude oil from coastal facilities to inland refineries while a ruptured pipeline is fixed.U.S. District Judge…