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 ...

Global energy giant Shell announced Thursday that it has withdrawn from the Atlantic Shores offshore wind project in New Jersey, another huge blow to the state’s ambitious renewable energy plans. The ...

The world is awash in dirty money — and criminals who are constantly finding new ways to hide their loot in real estate, art, ...

The ultra-rich have mastered the art of hiding wealth, often finding creative ways to shield their money from tax authorities ...

Thursday’s decision was made due to Shell feeling the offshore wind farm was not within its “capabilities” and the finances did not include “returns that we would like,” the company’s ...

It is unclear whether offshore wind is completely dead in New Jersey, but it appears projects will not move forward anytime ...

Biden’s goal was to deploy 30 gigawatts of offshore wind energy capacity by 2030, enough to power 10 million homes. The ...

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.

the latest move by a European energy company to cut green targets as the market for renewables sours. Equinor follows peers ...