Ørsted Crisis: Wind Giant Sees £2.2bn Profits Plunge
Danish energy giant Ørsted faces catastrophic financial losses, cancelled projects, and massive job cuts as rising costs and supply chain issues cripple offshore wind ambitions.
Danish energy giant Ørsted faces catastrophic financial losses, cancelled projects, and massive job cuts as rising costs and supply chain issues cripple offshore wind ambitions.
The Trump administration has abruptly terminated a critical permit for the Revolution Wind project, throwing the future of the major offshore wind farm into jeopardy and sparking fury in Rhode Island and Connecticut.
A routine offshore flight turned into a fight for survival as a helicopter carrying 10 people crashed into the Atlantic. Read the incredible story of the rescue mission.
Guyana's President Irfaan Ali declares election win as opposition alleges fraud. Nation faces political crisis fuelled by massive offshore oil discoveries transforming its economy.
Exclusive documents reveal Nauruan officials are preparing for the challenging transfer of a cohort from Australia's offshore processing regime, citing potential hostility and complex security concerns.
Exclusive investigation reveals Australia's controversial offshore processing centre on Nauru costs taxpayers millions daily despite being virtually empty, sparking fresh debate about immigration policy costs.
Australian politics plunged into turmoil as the Coalition launched a fierce attack on the Albanese government over alleged mismanagement of the Nauru detention centre, sparking heated exchanges in parliament.
Former Wallabies captain David Pocock spearheads a powerful protest in the capital, calling for an end to harsh offshore detention policies and a more compassionate approach to asylum seekers.
Australia signs a £400m agreement with Nauru to establish a deportation facility for foreign-born former detainees, amid heightened border security measures.
The Australian Labor government has granted federal approval for the contentious $1.7 billion Robbins Island wind farm in Tasmania, a monumental project set to power nearly 1.2 million homes despite significant environmental and cultural heritage concerns
Reform UK leader Nigel Farage declares illegal migration a 'national emergency' and proposes a bold Australian-style offshore processing system to secure Britain's borders.
Reform UK leader Nigel Farage's radical proposal to process asylum seekers on remote islands faces a wall of scorn from Britain's leading legal experts, who brand it unworkable, costly, and a potential human rights disaster.
Nigel Farage unveils controversial 'emergency immigration plan' featuring mass deportations and offshore processing centres, triggering intense debate across Westminster.
A wealthy Australian expat's elaborate scheme to avoid paying millions in taxes by claiming non-residency from a Dubai apartment has been crushed by a landmark court ruling, setting a major precedent for global tax enforcement.
A powerful new Channel 4 documentary re-examines the 1988 Piper Alpha tragedy that claimed 167 lives, featuring never-before-seen footage and emotional survivor testimonies from Britain's worst offshore disaster.
A contentious proposal for a colossal offshore wind farm near Newcastle is igniting a fierce battle between Australia's green energy ambitions and the future of Port Stephens' iconic tourism industry and marine life.
An American entrepreneur living a luxury life in Bali has sparked outrage by declaring his toddler daughter will 'never pay taxes' after he legally renounced their US citizenship, a move that severs all financial ties to America.
Business Secretary Kemi Badenoch faces backlash after suggesting the UK should establish asylum seeker processing centres on British territory, drawing comparisons to Australia's controversial offshore detention policy.
Ørsted, the global leader in offshore wind energy, faces a financial storm as shares nosedive by £9bn following a shock cash call. Discover the implications for the renewable energy sector.
Ofwat is probing £13m in payments made to Yorkshire Water CEO Nicola Shaw via an offshore parent company, raising concerns over transparency and executive pay in the utilities sector.
BP announces a significant oil and gas discovery in Brazil's Santos Basin, marking a potential boost for global energy markets and the company's portfolio.
The CEO of Yorkshire Water faces backlash as millions paid to offshore parent company while customers struggle with soaring bills.
Former US President Donald Trump's UK visit sparks heated exchanges with Labour leader Keir Starmer and London Mayor Sadiq Khan, while offshore wind projects near Jeffrey Epstein's island stir debate.