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Shell takes $1-billion hit on wind farm

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Global energy giant Shell announced Thursday that it has withdrawn from the Atlantic Shores offshore wind project in New Jersey, another huge blow to the state’s ambitious renewable energy plans.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

Newsweek · 2h

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.

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Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Trump seeks to stymie the industry’s development with executive orders.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

Hosted on MSN · 17h

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Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions. Spokespeople told NJ Advance Media on Thursday that the developer remained committed to the project.

Cape May County Herald News… · 11h

Shell Pulls Out of Atlantic Shores Offshore Wind Project

On a fourth quarter earnings call Jan. 30, Shell plc told analysts that the company was pausing its involvement in the Atlantic Shores offshore wind farm project. The company said it will take a $956 million write-off.

Yahoo · 5h

Shell withdraws from Atlantic Shores wind project off NJ coast

WHITEHALL, Ohio (WCMH) — Two garbage collectors were lucky to walk away uninjured after a trash can exploded Wednesday during their morning pickup route. The City of Whitehall released video on their Facebook page of two Local Waste employees going through their normal trash pickup routine. Both then encountered a shocking boom. One of the […]

1hon MSN

In win for 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 ...

20hon MSN

Atlantic Shores Reaffirms Commitment to New Jersey Offshore Wind Despite Shell's Write-Off

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

22h

Wind farm developer said project will continue despite loss of major investor

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

Oil giant Shell walks away from major New Jersey offshore wind farm in win for Trump

Shell told The Associated Press it is writing off the project, citing increased competition, delays and a changing market ...

shorenewsnetwork1d

Murphy’s Wind Energy Agenda on Life Support As Shell Takes $1 Billion Loss in New Jersey Pullout

Days after U.S. President Donald Trump put a moratorium on offshore wind energy at the Jersey Shore, labeling it as a victory in New Jersey's ...

2hon MSN

Trump executive order may leave California offshore wind projects up in the air

The blitz of executive orders issued by the new Trump Administration included a directive that raises questions whether massive amounts of anticipated electric generation from still-to-be-constructed ...

7hon MSN

Maine Republicans call for Trump to revoke existing offshore wind permits

Earlier this month, Maine Representative Jared Golden, a Democrat, co-sponsored a bill that would prohibit commercial ...

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