US Secretary of the Interior Doug Burgum has directed the Bureau of Ocean Energy Management (BOEM) to begin a public engagement process to develop a new schedule for offshore oil and gas lease sales on the U.S. Outer Continental Shelf.“Launching the process to develop the 11th National Outer Continental Shelf Program marks a decisive step toward securing American Energy Dominance
The Trump administration imposed sanctions on Iranian oil trading networks on Thursday, including on a China-based crude oil storage terminal linked via a pipeline to an independent refinery, just days before direct talks between the U.S. and Iran.The sanctions came after Secretary of State Marco Rubio said the U.S. will hold direct talks with Iran on Saturday in Oman.
The European Commission has presented its Clean Industrial Deal which aims to accelerate decarbonization while securing the future of manufacturing in Europe.President Ursula von der Leyen said: “Europe is not only a continent of industrial innovation, but also a continent of industrial production.
The bipartisan, bicameral bill will fuel U.S. economy, strengthen national security by responding to China’s threat over the oceans. Currently, the number of U.S.-flagged vessels in international commerce is 80; China has 5,500.Today, Senator Mark Kelly (D-AZ), Senator Todd Young (R-IN), Representative John Garamendi (D-CA-8)
South Korean President Yoon Suk Yeol spoke with Donald Trump on Thursday and congratulated him on winning the U.S. presidency on the "Make America Great Again" slogan as officials in Seoul worked to prepare for "significant" economic changes.Yoon and Trump held a 12-minute phone call and discussed the close security and economic ties of their two countries across all areas
A Russian missile hit a Palau-flagged vessel in Ukraine’s southern port of Odesa on Monday, killing one Ukrainian national and injuring five foreign nationals, regional governor Oleh Kiper said on Telegram.The attack was the second on a ship in as many days in southern Ukraine. Ukraine's Restoration Ministry earlier said a Russian missile had damaged a civilian Saint Kitts and Nevis-flagged
Italy police said on Wednesday they had arrested 61 people across four countries and seized 60 million euros ($67.1 million) following an investigation into international drugs trafficking and money laundering.The case had revealed criminal drugs ties between Albania and Latin America, and once again showed how criminals in Europe are using shadow networks of illicit Chinese money brokers
The wrecks of explosives-laden Nazi ships sunk in the River Danube during World War Two have emerged near Serbia's river port town of Prahovo, after a drought in July and August that saw the river's water level drop.Four vessels dating from before 1950 have also come to light in Hungary's Danube-Drava National Park near Mohacs, where the Danube's water level stood at only 1.
GE Vernova's shares fell nearly 7% on Friday following a turbine-blade failure at an offshore wind farm in the UK, the latest in a string of incidents involving the power service firm's equipment.The incident was reported at the Dogger Bank A project, located more than 130 km off the northeast coast of England, according to a statement from the project authorities.
A few weeks ago, a U.S. Coast Guard cutter spotted several Chinese military ships within the U.S. exclusive economic zone just 200 nautical miles off the shores of Alaska. This incident underscores how brazen our adversaries are becoming in the face of a diminished U.S. maritime presence.
A U.S. federal court has charged three men, including two Iranian brothers and a Pakistani national, for an attempt to smuggle Iranian weapons that would be used by Houthi rebels for attacks on maritime shipping.According to the court documents, Shahab Mir’kazei and Yunus Mir’kazei work for Iran’s Islamic Revolutionary Guard Corps, while Muhammad Pahlawan
Deme Offshore has laid all inter-array cables, manufactured by its partner Hellenic Cables, for the first phase of 3.6 GW Dogger Bank offshore wind farm in UK.More than 200 miles of 66KV inter-array cables have been successfully installed by delivery partners working on the construction of the world’s largest offshore wind farm.