The company has appointed advisers from Rothschild & Co and PJT Partners to oversee the potential sale.

Shell plans to sell offshore wind assets valued at over $1b as it reduces exposure to certain renewable projects. The company is sharpening its focus on higher returning fossil fuel operations under ...

Shell plc SHEL, a global leader in the energy sector, continues to strengthen its foothold in Southeast Asia through strategic partnerships and significant operational moves. One of the most recent ...

Shell plans to sell offshore wind farms as it shifts focus back to fossil fuels, continuing its retreat from renewable energy ...

Shell has exited two offshore wind power projects in Scotland as the world’s top oil and gas firms continue to scale back their investment and involvement in renewable energy. Shell has ditched plans ...

Shell has announced the cancellation of Scottish offshore wind projects, withdrawing from two major developments off the country's coast, as reported by Bloomberg. The move comes days after the ...

Shell is stepping back from new offshore wind investments and is splitting its power division following an extensive review of the business that was once seen as a key driver of the company's energy ...

As the political and economic winds continue to shift in the offshore wind sector, Shell disclosed during a quarterly earnings call Jan. 30 it has withdrawn from the planned Atlantic Shores Offshore ...

UK supermajor Shell will pull out of two offshore wind investments in Ireland run by developer Simply Blue Group, which is now looking to secure new partners. The companies issued a joint statement ...

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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. Shell ...