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Biden to Target Drilling, Fossil Fuel Subsidies in New Climate Orders

Jan 27, 2021

President Joe Biden was set on Wednesday to sign executive actions to combat climate change, including pausing new oil and gas leases on federal land and cutting fossil fuel subsidies as he pursues green policies in stark contrast to those of his predecessor Donald Trump…

Biden Administration Suspends Federal Oil and Gas Permitting

Jan 21, 2021

The Biden administration has temporarily suspended oil and gas leasing and permitting on federal lands and waters while it evaluates the legal and policy implications of the program, according to a Department of Interior memo.The move appears…

Biden Announces Return to Global Climate Accord, New Curbs on US Oil Industry

Jan 20, 2021

U.S. President Joe Biden on Wednesday announced America's return to the international Paris Agreement to fight climate change, the centerpiece of a raft of day-one executive orders aimed at restoring U.S. leadership in combating global warming…

U.S. Imposes Sanctions on Vessel Bound for Nord Stream 2 Pipeline

Jan 20, 2021

The United States on Tuesday imposed sanctions on a ship involved in building the Nord Stream 2 pipeline to take Russian natural gas to Europe, as the Trump administration sought to raise pressure on the project on its last full day in office…

Germany 'Regrets' U.S. Plan to Sanction Vessel Linked to Nord Stream 2 Pipeline

Jan 19, 2021

The United States has informed Germany that it plans to impose sanctions on a Russian pipe-laying ship involved in construction of the Russian-led Nord Stream 2 gas pipeline from Russia to Germany, the German Economy Ministry said on Monday…

Report: Nord Stream 2 Set to Resume Pipelaying Works in Danish Waters

Jan 14, 2021

The Russia-led Nord Stream 2 consortium said on Thursday that work to lay its subsea gas pipeline to Germany would resume in Danish waters on Jan. 15, the TASS news agency reported, despite pressure from the United States for construction to stop…

European Firms Facing U.S. Sanctions over Nord Stream 2 Pipeline

Jan 14, 2021

The U.S. State Department this month told European companies which it suspects are helping to build Russia's Nord Stream 2 gas pipeline that they face the risk of sanctions as the outgoing Trump administration prepares a final round of punitive measures against the project…

Kremlin Says New U.S. Sanctions Could Complicate Nord Stream 2 Pipeline Completion

Dec 28, 2020

The Kremlin said on Thursday that new U.S. sanctions targeting Nord Stream 2 could complicate the completion of the stalled Russian gas pipeline to Germany, but that Moscow and European nations had an interest in it being built.Senior Trump…

Timeline: Nord Stream 2 Gas Pipeline's Difficult Birth

Dec 15, 2020

Russia has resumed construction of the politically-charged Nord Stream 2 gas pipeline to Germany, laying pipes after a one-year hiatus prompted by U.S. sanctions, the pipeline operator said on Friday.An alleged nerve agent attack on Kremlin…

Turkey Won't Abandon East Med Rights over EU Sanctions Threat, FM Says

Dec 15, 2020

Turkey will not abandon its rights and interests in the eastern Mediterranean because of possible European Union sanctions or criticism, Foreign Minister Mevlut Cavusoglu said on Monday.At a summit on Friday, EU leaders agreed to prepare limited…

US Defense Bill Affirms Jones Act Applies to Offshore Wind

Dec 11, 2020

The U.S. Senate on Friday passed the National Defense Authorization Act (NDAA) for fiscal year 2021, a massive $741 billion defense bill setting policy for the Pentagon. Importantly for the U.S. offshore and maritime industries, the bill includes…

Brazilian Prosecutors Sue Maersk Over Alleged Corruption

Dec 11, 2020

Federal prosecutors in Brazil filed a civil lawsuit against Danish shipping company Maersk and former executives representing the firm for alleged corruption involving shipping contracts with state-run oil firm Petrobras, they said on Friday…

East Med Dispute: Erdogan Unmoved by EU Sanctions Threat

Dec 10, 2020

Turkish President Tayyip Erdogan accused the European Union on Wednesday of never acting honestly towards his country and said Ankara was not concerned by any economic sanctions the bloc might impose on it.EU foreign ministers said on Monday…

East Med Dispute: Turkey Won't Bow to Threats, Erdogan Says as EU Considers Sanctions

Dec 07, 2020

Turkey will not bow to threats in its dispute with Greece and Cyprus over maritime claims in the eastern Mediterranean, President Tayyip Erdogan said on Monday as European Union foreign ministers met in Brussels to discuss the issue.But Erdogan…

Lebanon Wants Maritime Border Talks to Succeed. Difficulties Can Be Overcome, President Says

Dec 02, 2020

Lebanon wants maritime border talks with Israel to succeed and difficulties that surfaced in the last session round can be overcome, President Michel Aoun told a U.S. mediator on Wednesday after the latest round was postponed.The negotiations between the old foes were launched in October…

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