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

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 ...

BAKU, Azerbaijan, January 31. The European Investment Bank (EIB) has signed a 400 million euro loan agreement with Polska ...

Listen to this article Even as political winds shift in Washington, D.C., a long-delayed onshore wind farm in Botetourt County might finally be sailing to completion. Charlottesville-based Apex Clean ...

As the political and economic winds continue to shift in the offshore wind sector, Shell disclosed during a quarterly ...

Growth slowed but remained resilient at the end of 2024, leaving the US economy on solid footing heading into a new year — ...

Shell took a $996 million loss after withdrawing from the Atlantic Shores Offshore Wind development, a project Trump recently ...

Shell's fourth-quarter earnings included $2.2 billion in impairments, part of which was a $1 billion write-off for Atlantic ...

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

A pullout from offshore wind could hurt communities such as Paulsboro, where a wind-related port promised jobs and town ...

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