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Trump, Shell and offshore wind

Hosted on MSN · 11h

Shell withdraws from big N.J. wind farm that Trump wanted ‘dead and gone’

Global energy giant Shell announced Thursday that it has withdrawn from the Atlantic Shores offshore wind project in New Jersey, another huge blow to the state’s ambitious renewable energy plans. The announcement,

Shell's $1bn hit to quit US offshore wind plan Trump wants 'dead and gone'

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

Newsweek on MSN · 6h

Offshore Wind Takes a Blow From Trump's Attacks on Clean Energy

Announcements of cutbacks and changes in leadership this week showed the offshore industry faces "a series of headwinds."

The Boston Globe · 1d

Shell takes $1 billion hit on wind farm Trump wants ‘dead’

Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Trump seeks to stymie the industry’s development with executive orders.

Shell hits pause on NJ offshore wind project

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

Hosted on MSN · 2d

Offshore wind project Trump wanted 'dead and gone' costs Shell $1B

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

Shell, offshore wind and Atlantic Shores

GlobalData on MSN · 12h

Atlantic Shores commits to New Jersey wind project despite Shell’s write-off

Atlantic Shores, a joint venture between Shell and France’s EDF, has reaffirmed its commitment to delivering New Jersey’s first offshore wind project despite Shell’s recent $1bn write-off related to the venture. The write-off was part of $2.2bn in impairments reported in Shell’s fourth-quarter earnings, as reported by Reuters.

APP.com (Asbury Park, NJ) on M… · 1d

Atlantic Shores Offshore Wind says it remains committed to NJ, despite Shell announcement

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

Shell Gives Donald Trump a Win Off New Jersey Shore

Shell abandoning a $1 billion investment highlights uncertainties introduced by Trump's order about offshore wind projects.

1don MSN

Shell pulls out of N.J.’s 1st offshore wind farm. Is project now at risk?

Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major ...

6hon MSN

In win for President Trump, oil giant Shell walks away from major New Jersey offshore wind farm

In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell ...

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 ...

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