Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Donald Trump ...
Shell abandoning a $1 billion investment highlights uncertainties introduced by Trump's order about offshore wind projects.
On a fourth quarter earnings call Jan. 30, Shell plc told analysts that the company was pausing its involvement in the ...
Energy company Shell withdrew from the Atlantic Shores offshore wind project. Atlantic Shores said it remains committed to the project, and Gov. Phil Murphy has said it is vital to the state's ...
Announcements of cutbacks and changes in leadership this week showed the offshore industry faces "a series of headwinds." ...
Oil giant says Atlantic Shores project with EDF doesn't fit 'capabilities or returns' as it books near $1bn impairment ...
(Reuters) - Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New ...
The news comes about a week after President Trump issued an order blocking new leases and permits for onshore and offshore wind projects.
Days after U.S. President Donald Trump put a moratorium on offshore wind energy at the Jersey Shore, labeling it as a victory in New Jersey's ...
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