Trump's executive order shakes offshore wind industry as oil giant Shell backs out of New Jersey project
Oil giant Shell exits a $1 billion New Jersey offshore wind project amid Trump’s restrictions on renewable energy, citing market challenges and uncertainty. Offshore wind opponents celebrate, while clean energy advocates warn of setbacks.
Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New Jersey's ...
Shell abandoning a $1 billion investment highlights uncertainties introduced by Trump's order about offshore wind projects.
The future of a New Jersey offshore wind project appears in jeopardy after one of two parent companies announced pausing its involvement.
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 ...
Announcements of cutbacks and changes in leadership this week showed the offshore industry faces "a series of headwinds." ...
Atlantic Shores, a joint venture between Shell and France’s EDF, has reaffirmed its commitment to delivering New Jersey’s ...
Shell on Thursday reported a fourth-quarter profit of $3.66 billion, missing estimates, on lower refining margins and lower ...
Notably, savings in 2024 were boosted by the decision to pause a major biofuels project in Rotterdam. According to a fresh analysis by environmental and human rights group Global Witness, Shell's ...
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