Business

Modern Land becomes the 4th Chinese developer to default on overseas debt obligations after failing to make a $250 million dollar bond payment

DuKai photographer/Getty Modern Land did not make the $250 million bond payment due Monday. Chinese developer who works on green projects cited
Biden administration gives offshore wind farms a big boost
Tech

Biden administration gives offshore wind farms a big boost

Nearly every coast of the US could see offshore wind farms. Today, Interior Secretary Deb Haaland announced plans to auction leases to developers in
Here’s Where The Biden Administration Hopes To Build Massive Offshore Wind Farms
Business

Here’s Where The Biden Administration Hopes To Build Massive Offshore Wind Farms

Topline According to the Department of the Interior, the federal government will lease off-shore sites in the next four year to build massive wind
UK National Grid in talks to build an energy island in the North Sea
Science

UK National Grid in talks to build an energy island in the North Sea

A North Sea Mischakeijser offshore wind farm/Getty Images National Grid, a UK company, has disclosed that it is currently in negotiations with two
Business

Pandora Papers: Uhuru Kenyatta family's secret assets exposed by leak

Uhuru Kenyatta stated to the BBC in 2018 his desire for transparency and fighting corruption to be his legacy According to financial documents, the
Business

South Dakota now rivals offshore tax havens for financial secrecy, Pandora Papers say

According to the new Pandora Papers, South Dakota is protecting assets from people who were previously charged with financial crimes. The Washington
Business

Billionaires and world leaders, including Putin and King Abdullah, stashed vast amounts of money in secretive offshore systems, leaked documents find

A probe exposes the secret financial and offshore assets of Presidents, Rock Stars, Government Officials and CEOs. The Pandora Papers is a collection
New tropical depression forms; Odette well offshore
Business

New tropical depression forms; Odette well offshore

MIAMI (AP) Forecasters reported Saturday night that a new tropical depression was forming in the Atlantic Ocean. This is after Odette, formerly a
Oil firms slash U.S. Gulf of Mexico output by 91% ahead of powerful Hurricane Ida
Business

Oil firms slash U.S. Gulf of Mexico output by 91% ahead of powerful Hurricane Ida

According to the Bureau of Safety and Environmental Enforcement, oil companies cut almost 91% of U.S. Gulf of Mexico crude oils production on
Undersea gas pipeline rupture causes fire in Gulf of Mexico
Business

Undersea gas pipeline rupture causes fire in Gulf of Mexico

MEXICO CITY (AP), Mexico's state-owned oil firm said Friday that it had suffered a leak in its undersea pipeline in the Gulf of Mexico. This caused