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Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions.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.
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 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.
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 […]
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 writes off $1 billion, exits US offshore wind project
Plc announced its withdrawal from the Atlantic Shores offshore wind farm project in the US, resulting in a write-off of nearly $1 billion. The decision was disclosed in the company's quarterly earnings report on Thursday,
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Global energy giant Shell announced Thursday that it has withdrawn from the Atlantic Shores offshore wind project in New ...
6abc News3h
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 ...
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.
The Press of Atlantic City22h
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 ...
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 ...
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 ...
Windtech International5h
Shell withdraws from Atlantic Shores Wind Project in New Jersey
Shell has decided to exit the Atlantic Shores wind project off the coast of New Jersey, writing off nearly $1 billion. The company cited concerns over financial returns and strategic fit. “We just don ...
shorenewsnetwork23h
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 ...