Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Donald Trump seeks to stymie the industry’s development with executive orders. It’s ...
In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell is walking away from a major project off the coast of New Jersey.
Gas company Shell has announced taking a nearly $1 billion write down on its major New Jersey offshore project called Atlantic Shores Offshore Wind, but the offshore wind project leaders still ...
The announcement clouds the future of the Atlantic Shores Offshore Wind venture, a punching bag for President Donald Trump. Shell said Thursday it is pausing its involvement in a major New Jersey ...
Jan 30 (Reuters) - Atlantic Shores, a joint venture between Shell Plc (SHEL.L), opens new tab and France's EDF, reiterated its commitment to delivering New Jersey's first offshore wind project on ...