Shell mulls quitting ‘undervalued’ London Stock Market for New York
Shell (LON: SHEL) CEO Wael Sawan has said he is open to moving the supermajor’s primary stock listing from London to New York.
New York
Equinor expects offshore wind costs to improve
The Equinor CEO said he had regular discussions with turbine makers on improving costs. “I’m sure that in time offshore wind will be back with lowering the levelised cost of energy.”
Equinor among big name bidders for fourth New York offshore wind round
Equinor, Ørsted and RWE announce bids for fourth New York offshore wind round
Orsted ramps up bet on US offshore wind with New York deal
Orsted A/S (CPH:ORSTED) agreed to buy out its joint venture partner in a New York offshore wind farm after abandoning two New Jersey projects last year and taking $4 billion in impairment charges.
Equinor and BP terminate agreement for Empire Wind 2 project in New York
Equinor and BP will seek "new offtake opportunities" for the Empire Wind 2 project.
Updated: Orsted plunges on abandoned US wind plans, $4 billion writedown
Orsted A/S (CPH: ORSTED) shares slumped to their lowest level in six years after the Danish utility dropped two US wind projects and recorded 28.4 billion kroner ($4 billion) in impairments as the crisis in the wind industry is only getting worse.
New York awards contracts for three offshore wind projects
New York has selected three offshore wind farms to negotiate power contracts with the state as the industry faces increasing challenges from rising costs.
Igho Sanomi of Taleveras Group Receives Forbes Philanthropy award in New York
Nigerian energy magnate Igho Charles Sanomi II has been named this year's Forbes Best of Africa Leading Philanthropist in recognition of his activities in child health and education, cancer research and community development.
New York clears $4.5bn plan to bring hydropower to big apple
Regulators approved a $4.5 billion transmission line that will deliver Canadian hydropower to New York City, a key component of the Empire State’s efforts to eliminate carbon from its power grid by 2040.
Equinor, BP to build $250m NYC wind hub in South Brooklyn
Equinor and BP have announced an agreement to turn the South Brooklyn Marine Terminal (SBMT) complex in Brooklyn, New York into a major regional hub for offshore wind.
Shell to complete transformation in January
Shell will concentrate its business in the UK by the end of January, simplifying its shareholding structure in New York, Amsterdam and London.
Cnooc officially cuts links to New York Stock Exchange
Cnooc Ltd, China’s biggest offshore oil and gas driller has officially cut its ties with the New York Stock Exchange following a geopolitical spat with the US.
Oil heads for biggest monthly loss this year before OPEC+ meets
Oil in New York is headed for the biggest monthly loss since October as investors weighed the prospect of additional OPEC+ production and the restoration of crude output in the U.S. after Hurricane Ida.
Exxon prevails over New York in climate accounting case
Exxon Mobil Corp. won a closely watched securities-fraud trial that delved into its internal accounting for the financial risks of climate change, a striking rejection of New York state’s claim that the company misled investors for years.
ExxonMobil says New York used fraud claims to score political points
You’d expect most companies accused of a longstanding fraudulent scheme to be thrilled if the government dropped those claims against them. Not so for Exxon Mobil Corp. -- at least not today.
Vaalco sets out London IPO move
Vaalco Energy has set out formal plans to list on the London Stock Exchange’s main market. The listing should take place by September 30.
‘Bright blue flash’ lights New York after explosion at energy facility
An explosion at an electrical substation in Astoria, New York City, illuminated the skyline with a bright blue light and cut off power to LaGuardia airport, causing flights to be diverted or delayed.
Exxon sued by New York AG over climate change
The New York Attorney General filed a lawsuit against Exxon Mobil, claiming the Texas-based oil giant had misled investors about its readiness to tackle the financial challenges climate change posed to their business.
ExxonMobil tell New York to ‘Put Up Or Shut Up’ on climate
Exxon Mobil Corp. told a judge that New York’s attorney general should either sue the company for misleading investors about the financial impact of climate change, or close its probe and move on.
New York in bid to shut down all coal plants by 2020
Regulators issued a draft pollution ruling yesterday in a bid to ensure the shutdown of New York’s remaining coal-fired power stations by 2020.
New York sues BP, Shell to ‘protect city from climate change’
New York's mayor has announced that the city has field a lawsuit against five oil majors to help protect the city from climate change.
New York to become the new “Windy City”
New York State Governor Andrew Cuomo has announced that the city will open two bidding auctions in 2018 and 2019 to develop offshore wind power in a bid to reduce greenhouse gas emissions.
New York gives green-light to largest US offshore windfarm
A plan for the US's largest offshore windfarm to sit off the coast of New York has been given the go-ahead.
Exxon cites NY AG’s ‘morally vacant’ quip in climate fight
At a March conference where 20 state attorneys general met to strategize on environmental issues, New York’s Eric Schneiderman said "morally vacant forces" were opposing President Barack Obama’s green agenda. Exxon Mobil Corp. wants those words to haunt him.
Exxon adds New York to suit in bid to stop climate change probe
Exxon Mobil Corp. sued New York Attorney General Eric Schneiderman to stop his investigation into what the company knew about climate change.