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By Josh Beckerman Two conditionally awarded New York state offshore wind projects were announced Thursday, one for Equinor's Empire Wind 1 and the other for Sunrise Wind, developed by Ørsted...
By Josh Beckerman Two conditionally awarded New York state offshore wind projects were announced Thursday, one for Equinor's Empire Wind 1 and the other for...
Equinor received approval to proceed with the construction of the 816-megawatt wind power project offshore New Jersey and New York.
BP said Tuesday it wrote down the value of its U.S. offshore wind business by $1.1 billion last year, cementing a strategic shift for the British petroleum giant as it increases oil and gas production while recalibrating its efforts to generate clean electricity from ocean turbines. The announcement follows BP’s split last month with Equinor ...BP sold its stake in two projects — Empire Wind 1 and 2 — and gained ownership of the Beacon Wind project in the breakup. But company executives signaled they have no immediate plans to move forward with the large project t...