Russia's Lukoil is selling its international assets after the U.S. imposed sanctions on the company.Washington refused to approve the sale of assets to Swiss commodity trader Gunvor, throwing Lukoil's operations in disarray and leading to a scramble of potential buyers.The U.S. Treasury cleared potential buyers to talk to Lukoil until December 13.
The Trump administration has asked a federal judge to withdraw the Interior Department's 2024 approval of a wind farm off the coast of Maryland, according to court documents filed on Friday.The action is the latest in a series of moves the administration has made to stymie development of offshore wind and other clean energy facilities.Attorneys for the Interior Department filed the motion in U.S.
President Donald Trump's administration plans to revoke federal approval of Avangrid's planned New England Wind project off the coast of Massachusetts, according to a court filing on Wednesday.The legal maneuver is the latest move by U.S. authorities to stymie development of offshore wind energy, which Trump has called ugly, expensive, and unreliable.
Hundreds of Lebanese gathered solemnly near Beirut's coast on Monday to commemorate a half-decade since the cataclysmic port blast of 2020, when more than 200 people were killed in one of the largest non-nuclear explosions in history.Carrying Lebanese flags and portraits of some of the victims
In the last decade, changing U.S. Administrations have become increasingly tumultuous, as the swings in priorities and directives have a real, material impact on business. Read on for insights on the current and future of U.S. Offshore Wind.In the weeks preceding his late January inauguration
Marilyn Hubalde still remembers the first time she heard the thunderous chop of military helicopters swooping over this northernmost outpost of the Philippines, less than 90 miles from Taiwan. It was April 2023, when Filipino and American troops descended on the cluster of 10 emerald green islands of Batanes province for amphibious warfare drills.