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"We will not accept abandonment." Monarch files multibillion-dollar lawsuit against oil giant Shell over allegedly harmful ...
Global energy giant Shell announced Thursday that it has withdrawn from the Atlantic Shores offshore wind project in New Jersey, another huge blow to the state’s ambitious renewable energy plans ...
Shell is stepping back from new offshore wind investments and is splitting its power division following an extensive review of the business that was once seen as a key driver of the company's ...
Shell abandoning a $1 billion investment highlights uncertainties introduced by Trump's order about offshore wind projects.
Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Donald Trump seeks to stymie the industry’s development with executive orders.
Shell pauses N.J. offshore wind project as industry faces ‘high level of uncertainty’ The Atlantic Shores wind project was expected to start construction this year. The remaining developer says it’s ...
Days after oil and gas giant Shell backed out of New Jersey’s first offshore wind farm pointing to financial reasons, the state on Monday did not award any bids for a fourth round of ...
Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions. Spokespeople told NJ ...
Shell has decided to scrap its planned wind and solar power generation projects in Brazil, citing an unfavorable investment environment and a strategic pivot back to oil and gas.
Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Trump seeks to stymie the industry’s development with executive orders.
Shell in recent months scaled back operations in offshore wind, solar and hydrogen, sold retail power businesses, refineries and some oil and gas production, including in Nigeria.