Shell Energy - Search News

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Global energy giant Shell announced Thursday that it has withdrawn from the Atlantic Shores offshore wind project in New Jersey, another huge blow to the state’s ambitious renewable energy plans.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

U.S. News & World Report · 9h

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 is walking away from a major project off the coast of New Jersey

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Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Trump seeks to stymie the industry’s development with executive orders.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

Reuters · 1d

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 liquefied natural gas (LNG) trading, while saying it would buy back shares worth $3.

Hosted on MSN · 1d

Shell rallies after boosting dividend, buybacks despite Q4 profit drop

Shell (NYSE:SHEL) +3.2% in Thursday's trading despite missing Q4 earnings and revenue estimates, weighed by weaker oil and gas prices and demand, but the company increased shareholder returns in a sign of confidence in its strategy of refocusing on its most profitable sectors.

PA Media on MSN · 1d

Shell raises dividend to shareholders as profit falls amid lower oil prices

The energy major said profits fell after a year of operating in ‘a lower price environment’, amid shrinking margins from its oil refining business.

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Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major ...

1hon 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 ...

WHYY53m

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.

Crude Oil Prices1d

Energy Transition Takes a Backseat as Shell Rewards Shareholders

Shell's 2024 financial results reveal a prioritization of shareholder returns through increased dividends and share buybacks, ...

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.

Shell and Equinor Production Blocked at 2 Sites Off British Coast

A court ruling requires the British government to consider the potential climate impact of the oil and gas produced in the ...

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 ...

6abc News12h

Shell withdraws from Atlantic Shores wind project off New Jersey coast

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 ...

Crude Oil Prices2d

Shell Leads the $1.4-Billion Carbon Credits Market

Shell is the top buyer of carbon credits in the voluntary market, outpacing other energy and tech giants in offsetting emissions.

India Today6h

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 ...

Shell’s US unit acquires a Rhode Island power plant

The global energy company Shell has completed the acquisition of a power plant located just outside of Providence, which the ...

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