The future of a New Jersey offshore wind project appears in jeopardy after one of two parent companies announced pausing its ...

Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New Jersey's ...

Atlantic Shores has committed to deliver New Jersey’s first offshore wind project despite Shell’s $1bn write-off related to ...

Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major ...

Shell has decided to exit the Atlantic Shores wind project off the coast of New Jersey, writing off nearly $1 billion. The company cited concerns over financial returns and strategic fit. “We just don ...

On a fourth quarter earnings call Jan. 30, Shell plc told analysts that the company was pausing its involvement in the ...

Atlantic Shores says it will push forward with its planned wind energy farm off the coast of southern New Jersey despite the ...

Oil giant says Atlantic Shores project with EDF doesn't fit 'capabilities or returns' as it books near $1bn impairment ...

Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Donald Trump ...

The news comes about a week after President Trump issued an order blocking new leases and permits for onshore and offshore wind projects.

Shell plc is withdrawing from the Atlantic Shores wind project of New Jersey, writing off nearly $1 billion as the energy major retreats from its earlier pivot toward renewables. In its quarterly earn ...

The announcement clouds the future of the Atlantic Shores Offshore Wind venture, a punching bag for President Donald Trump.