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 market challenges and uncertainty. Offshore wind opponents celebrate, while clean energy advocates warn of setbacks.
Shell abandoning a $1 billion investment highlights uncertainties introduced by Trump's order about offshore wind projects.
The Atlantic Shores wind project was expected to start construction this year. The remaining developer says it’s still committed.
On a fourth quarter earnings call Jan. 30, Shell plc told analysts that the company was pausing its involvement in the ...
Energy company Shell withdrew from the Atlantic Shores offshore wind project. Atlantic Shores said it remains committed to the project, and Gov. Phil Murphy has said it is vital to the state's ...
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Atlantic Shores commits to New Jersey wind project despite Shell’s write-offAtlantic Shores, a joint venture between Shell and France’s EDF, has reaffirmed its commitment to delivering New Jersey’s ...
(Reuters) - Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New ...
Announcements of cutbacks and changes in leadership this week showed the offshore industry faces "a series of headwinds." ...
The news comes about a week after President Trump issued an order blocking new leases and permits for onshore and offshore ...
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