The Biden administration's sale of offshore wind development rights off the coast of California drew $757.1 million in high bids, mainly from European developers seeking a foothold in the domestic industry's expansion to the Pacific Ocean.Winners…

Western officials are in talks with Turkish counterparts to resolve oil tanker queues off Turkey, a British Treasury official said, after the G7 and European Union rolled out new restrictions on Dec. 5 aimed at Russian oil exports."The UK, U.S.

German propulsion systems manufacturer SCHOTTEL announced it has added new contractual service partners in Spain and France. The company currently has more than 100 sales and service stations around the globe.Stefan Buch, VP After Sales Service at SCHOTTEL…

Shipbuilder Austal USA on Wednesday announced production has commenced at its Mobile, Ala. shipyard in support of the company’s partnership with General Dynamics Electric Boat (GDEB) to support the U.S. Navy’s recapitalization of the nation’s nuclear submarine fleet.