Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Donald Trump ...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.
The Atlantic Shores wind project was expected to start construction this year. The remaining developer says it’s still committed.
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 ...
(Reuters) - Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New ...
Atlantic Shores says it will push forward with its planned wind energy farm off the coast of southern New Jersey despite the ...
The news comes about a week after President Trump issued an order blocking new leases and permits for onshore and offshore wind projects.
Announcements of cutbacks and changes in leadership this week showed the offshore industry faces "a series of headwinds." ...
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