Companies that committed to investments in U.S. offshore wind infrastructure and supply chains are scrapping their plans as ...

Federal Bureau of Ocean Energy Management confirms deputy now in charge and that it is preparing to carry out new president's ...

The collapse of offshore wind power is only the first step in the shift away from "green energy," warns an expert.

Also this week, two vessels are due in the waters off Smith Point as crews begin horizontal drilling under the beach.

On his first day in the Oval Office, President Donald Trump signed an executive order that attempts to slow the growth in the ...

The global offshore wind developer said on 6 February the increase was mainly due to the ramp-up of generation at Greater Changhua 1 and 2a offshore wind project in Taiwan, South Fork in the US, and ...

New CEO R. Errboe reshapes strategy to further strengthen the balance sheet EARNINGS/SALES RELEASES In line with the guidance ...

Orsted guided for slightly higher earnings this year, a day after it slashed spending plans for the coming few years to shore up its balance sheet.

Orsted, the world's biggest offshore wind power developer, said on Thursday it expected core profit this year to be equal to, ...

Orsted , the world's biggest offshore wind power developer, said on Thursday it expected core profit this year to be equal to ...

Ørsted reported an operating profit (EBITDA) of DKK 32.0 billion for 2024, an increase from DKK 18.7 billion in 2023. This included a net reversal of provisions for cancelled projects amounting to DKK ...

Danish energy company Orsted, a worldwide leader in offshore wind, has replaced its CEO, who began offshore wind projects in the United States that have mostly stalled.