Shell, Atlantic Shores

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.
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.
Atlantic Shores commits to New Jersey wind project despite Shell’s write-off
Atlantic Shores, a joint venture between Shell and France’s EDF, has reaffirmed its commitment to delivering New Jersey’s first offshore wind project despite Shell’s recent $1bn write-off related to the venture. The write-off was part of $2.2bn in impairments reported in Shell’s fourth-quarter earnings, as reported by Reuters.
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.
Atlantic Shores Reaffirms Commitment to New Jersey Offshore Wind Despite Shell's Write-Off
(Reuters) - Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New Jersey's first offshore wind project on Thursday, despite Shell's recent $1 billion write-off related to the venture.
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.
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 ...
Recharge1d
Shell's $1bn hit to quit US offshore wind plan Trump wants 'dead and gone'
Oil giant says Atlantic Shores project with EDF doesn't fit 'capabilities or returns' as it books near $1bn impairment ...
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 Donald Trump ...
Oil giant Shell walks away from major New Jersey offshore wind farm in win for Trump
Shell told The Associated Press it is writing off the project, citing increased competition, delays and a changing market ...
shorenewsnetwork1d
Murphy’s Wind Energy Agenda on Life Support As Shell Takes $1 Billion Loss in New Jersey Pullout
Days after U.S. President Donald Trump put a moratorium on offshore wind energy at the Jersey Shore, labeling it as a victory in New Jersey's ...