Announcements of cutbacks and changes in leadership this week showed the offshore industry faces "a series of headwinds." ...
Shell plc is withdrawing from the Atlantic Shores wind project of New Jersey, writing off nearly $1 billion as the energy major retreats from its earlier pivot toward renewables. In its quarterly earn ...
Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New Jersey's ...
On a fourth quarter earnings call Jan. 30, Shell plc told analysts that the company was pausing its involvement in the ...
The future of a New Jersey offshore wind project appears in jeopardy after one of two parent companies announced pausing its ...
As the political and economic winds continue to shift in the offshore wind sector, Shell disclosed during a quarterly ...
The news comes about a week after President Trump issued an order blocking new leases and permits for onshore and offshore ...
LONG BEACH ISLAND -- A federal lawsuit and a planned executive order from Donald Trump are two of the latest attempts to block New Jersey's offshore wind plans. The anti-offshore wind organization ...