Shell, Atlantic Shores

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Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions.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.
Atlantic Shores vows to push forward with NJ wind farm despite Shell's reported pullout
Atlantic Shores says it will push forward with its planned wind energy farm off the coast of southern New Jersey despite the reported pullout of one of the venture's two partners.
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.
Atlantic Shores reaffirms commitment to New Jersey offshore wind despite Shell's write-off
Shell's fourth-quarter earnings included $2.2 billion in impairments, part of which was a $1 billion write-off for Atlantic Shores, with Chief Financial Officer Sinead Gorman stating that the project did not align with the company's capabilities or return goals.
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 renewable energy needs. An Action News Climate Ready report last fall highlighted the headwinds facing offshore wind.
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 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 […]
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 involvement.
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.
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 ...
Offshore Wind Takes a Blow From Trump's Attacks on Clean Energy
Announcements of cutbacks and changes in leadership this week showed the offshore industry faces "a series of headwinds." ...
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.
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 ...
The Press of Atlantic City2d
Atlantic City to hold special meeting, consider ending offshore wind ordinance
Atlantic City Council will hold a special meeting Feb. 5 to consider rescinding an ordinance that gave Atlantic Shores ...