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.

FILE - A boat passes by July 2, 2024, off Sea Girt, N.J., where a power cable from the Atlantic Shores offshore wind farm project is projected to come ashore. (AP Photo/Wayne Parry, File) ...

In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell SHEL-N is walking away from a major project off the coast of New Jersey.

Shell has hiked its dividend to shareholders despite profits falling last year, after the energy giant was hit by weaker oil prices and lower demand for the fossil fuel. The London-listed company ...

(Reuters) - Shell said on Thursday it expects its proved oil and gas reserve replacement ratio for last year to be 85%. The reserve replacement ratio (RRR) measures how much oil and gas a company adds ...

with capital expenditure on its oil and gas businesses topping £14 billion. Shell said it spent just over £2 billion on ‘renewables and energy solutions’ over the same period. The analysis suggests ...

Scientists at the Macquarie University in Australia worked with an international team of scientists to achieve a major milestone in synthetic biology by completing the creation of the final chromo ...

Artificial intelligence has suddenly made electricity a hot commodity. No wonder major oil companies want a piece of it.

HOUSTON, Jan 20 (Reuters) - Oil prices settled lower on Monday after U.S. President Donald Trump was sworn in for a second time, and said he would immediately declare a national energy emergency ...

Copyright 2025 The Associated Press. All Rights Reserved. Creighton guard Jamiya Neal (5) is guarded by UConn forward Jaylin Stewart in the first half of an NCAA ...