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.

Announcements of cutbacks and changes in leadership this week showed the offshore industry faces "a series of headwinds." ...

Shell abandoning a $1 billion investment highlights uncertainties introduced by Trump's order about offshore wind projects.

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 ...

A pullout from offshore wind could hurt communities such as Paulsboro, where a wind-related port promised jobs and town ...

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

The future of a New Jersey offshore wind project appears in jeopardy after one of two parent companies announced pausing its involvement.

Shell has withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest hit to the state’s clean ...

Renewable energy stocks should rise as the global shift from fossil fuels to cleaner energy sources accelerates due to climate concerns. Investments in renewable energy, including solar and wind ...