ConocoPhillips decision for estimated $8B North Slope energy development comes four days after U.S. appeals court rejected opponents' latest plea to stop $900M of winter construction work now underway.
Germany-based RWE, which is developing offshore projects in New York and California, bid $5.6 million for its 102,000-acre site off Louisiana in the Aug. 29 Gulf of Mexico lease sale,
Dominion's 2.6-GW project off Virginia Beach and Orsted's 1-GW Sunrise Wind project off Long Island gain initial federal environmental reviews—with a key state green light also granted to the former—as onshore port hubs struggle to keep pace to support developing construction needs.
Six teams are provisional winners of U.S. Interior Dept.'s 64-round auction of ocean areas in the New York Bight south of New York City, with future development to be done under project labor agreements, it said.