Transocean will cancel dividend

The most severe oil-industry collapse since the 1980s has prompted explorers to curtail drilling budgets, cancel rig contracts and shelve plans to search for untapped cru...
U.S. lags Europe on offshore wind efforts

Rhode Island-based Deepwater Wind reached its first "steel in the water" milestone in the early construction phase of its Block Island Wind Farm at the end of July, and t...