Shell has confirmed it will not lead the way on any new offshore wind projects in the future, in the supermajor’s clearest signal yet that it is cooling to the sector.

LONDON, Feb 22 (Reuters) - Shell (SHEL.L), opens new tab will exit a South Korean floating offshore wind project, it said on Thursday, the energy firm's latest retreat from the nascent sector as ...

LONDON, Dec 4 (Reuters) - Shell (SHEL.L) 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 ...

Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions.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Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Donald Trump seeks to stymie the industry’s development with executive orders.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 Quits Brazil Wind and Solar Projects By Irina Slav - Mar 28, 2025, 3:45 AM CDT ...

Shell will exit another floating offshore wind project, the company said on Thursday—adding another to the long list of departures from the offshore wind segment. Shell will sell its 80% stake ...

Shell was pausing its involvement in Atlantic Shores as a result, according to the website. Atlantic Shores Offshore Wind is a 1.5-gigawatt power project partnership by Shell New Energies U.S. and ...

Watershed 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 ...

In 2022, Shell reported it “more than doubled” its solar and wind generation compared to 2022, with a total capacity of 6.4 gigawatts, while also reporting two thirds of the company’s ...

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.