Updated information on the grounding of the Italian cruise ship Costa Concordia near the island of Giglio, Italy. Teams have been searching the ship for passengers and crew missing since the Costa Concordia struck rocks Friday evening and capsized. Rescuers exploded four holes in the hull of the ship earlier Tuesday to gain easier access [...]
The Norwegian oil and gas company Statoil ASA together with its partners Eni Norge AS and Petoro AS have made a substantial oil discovery in the Havis Prospect of the Barents Sea. This is the second high-impact discovery in the North in nine months. But despite this major new discovery, Statoil Chief Executive Helge Lund has [...]
As part of President Obama’s National Policy for the Stewardship of the Ocean, Our Coasts, and the Great Lakes, the National Ocean Council has released a draft National Ocean Policy Implementation Plan to address some of the most pressing challenges facing the U.S. oceans, coasts, and the Great Lakes. The draft Implementation Plan describes more [...]
A JAPANESE whaling ship has defied high-level Australian complaints to stay in the waters of World Heritage-listed Macquarie Island. The Australian embassy told the Japanese government on Tuesday that whaling vessels were not welcome in the country’s waters. The Japanese harpoon ship Yushin Maru III which undertakes whaling in the name of “research” was still [...]
In a major legal victory today for Cape Wind, the Massachusetts Supreme Judicial Court in two decisions unanimously upheld the long term Power Purchase Agreement (PPA) between Cape Wind and National Grid. “This decision provides a big boost for creating up to 1,000 jobs and providing Massachusetts with cleaner air, greater energy independence and a [...]
The federal government ignored the impact of BP’s 200 million gallon oil spill in its assessment of risks and precautions for the Gulf of Mexico before the first new lease sale since the Deepwater Horizon disaster, according to a lawsuit filed yesterday in D.C. federal court by conservation groups. In deciding to proceed with Lease [...]
Ministers of the governments of Ireland, the UK, Scotland, Wales, Northern Ireland, the Isle of Man, Jersey and Guernsey called on the European Union to give its full backing to the development of the massive ocean energy resources that exist in these regions. The governments gave their support to a Member State Position Paper on [...]
Wave energy developer, Carnegie Wave Energy Limited, has announced a capital raising via a Share Purchase Plan (“SPP”) of up to $4 million. The SPP will allow all existing and eligible Carnegie shareholders to purchase between $3,000 and $15,000 worth of shares at 5c per share. Based on the share price at close of trading on [...]
The Shetland Islands Council and Shetlands Charitable Trust have signed a Memorandum of Understanding with Sweden’s energy giant Vattenfall, to develop marine renewable energy in the isles. The groups hope they can drive the development of ocean energy in the area while benefitting the community. The initial focus will be on promoting the construction of [...]
Fortum and DCNS have recently signed a Letter of Intent on cooperation in the field of wave power research and development in France. A joint feasibility study for a wave power demonstration project located in France is planned to be starting by the end of 2011. The project is in line with Fortum’s and DCNS’s ambitions. [...]
Willi Balz, Chief Executive Officer of the Windreich AG, has announced that the company has secured total project financing for its first offshore wind park Global Tech I and emphasizes, With its 400 MW capacity, it is the first offshore project worldwide to obtain financing which directly brings the shift to renewable energies one step [...]
The Ocean Renewable Energy Coalition (OREC) unveiled the first U.S. Marine and Hydrokinetic (MHK) Technology Roadmap. The roadmap describes the issues, challenges and opportunities facing the MHK industry and outlines a clear and logical path to its commercialization. Technologies that capture energy from free-flowing waves, tides and currents represent the potential to provide up to [...]
Rolls-Royce, the global power systems company, has received its first order for vessels based on the Group’s award-winning, highly efficient, Environship concept. Rolls-Royce will design and provide integrated power and propulsion systems for two technologically advanced cargo vessels, which have been purchased by Norwegian transportation company, Nor Lines AS. These highly efficient ships incorporate a [...]
Japan’s Kawasaki Heavy Industries Ltd. has announced that it has launched the development of a tidal energy power generation system. Kawasaki is looking to leverage experience in building ocean vessels, marine engines and structures along with their engineering expertise in high efficiency gas turbine power plants to harness the energy of tidal currents. The New [...]
“Greedy Lying Bastards” is a new feature length documentary, scheduled to be released in 2012, investigating the role the oil industry plays the world over in all facets of people’s lives from politics and economics to the environment. Filmmaker Craig Rosebraugh traveled the globe including Tuvalu, Peru, England, Uganda,Kenya, Belgium, Denmark , Germany and the [...]
A coalition of Alaska Native and conservation groups have challenged BOEMRE’s August 4th conditional approval of Shell’s Beaufort Sea exploration plan by appealing to the U.S. Court of Appeals 9th Circuit Court. Shell plans to dril four wells in the Beaufort Sea, starting in 2012. Earthjustice, on behalf of the Native Village of Point Hope, [...]
Ecotricity Enters Wave Energy Industry
Alstom and SSE Renewables Create Joint Venture to Co-Develop World’s Largest Wave Farm off the Coast of Scotland
Pelamis Wave Power Up for Sale
Major New Green Energy Fund Acquires Stake in Aquamarine Power
Eco Wave Power Company is Taking the Fast Track to Success
UK Government Steps in to Assure Future of Cornwall Wave Hub Site
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