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NJ.com on MSN · 1d

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Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions.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.

Shell pauses N.J. offshore wind project as industry faces ‘high level of uncertainty’

The Atlantic Shores wind project was expected to start construction this year. The remaining developer says it’s still committed.

Shell withdraws from NJ’s first planned offshore wind project

As the political and economic winds continue to shift in the offshore wind sector, Shell disclosed during a quarterly earnings call Jan. 30 that it had withdrawn from the planned Atlantic Shores Offshore Wind project.

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 · 3d

Shell writes off $1 billion, exits US offshore wind project

Plc announced its withdrawal from the Atlantic Shores offshore wind farm project in the US, resulting in a write-off of nearly $1 billion. The decision was disclosed in the company's quarterly earnings report on Thursday,

2don MSN

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Global energy giant Shell announced Thursday that it has withdrawn from the Atlantic Shores offshore wind project in New ...

2d

Atlantic Shores reaffirms commitment to New Jersey offshore wind despite Shell's write-off

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

3don MSN

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Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Donald Trump ...

2don 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 ...

2don MSN

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 ...

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 ...

GlobalData on MSN2d

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 ...

3d

Shell dividend hike drives shares higher despite profit miss

Shell on Thursday reported a fourth-quarter profit of $3.66 billion, missing estimates, on lower refining margins and lower ...

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