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Shell, New Jersey and Donald Trump
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Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Donald Trump seeks to stymie the industry’s development with executive orders.
Shell Gives Donald Trump a Win Off New Jersey Shore
Shell abandoning a $1 billion investment highlights uncertainties introduced by Trump's order about offshore wind projects.
Atlantic Shores reaffirms commitment to New Jersey offshore wind despite Shell's write-off
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 dividend hike drives shares
Shell dividend hike drives shares higher despite profit miss
Shell on Thursday reported a fourth-quarter profit of $3.66 billion, missing estimates, on lower refining margins and lower liquefied natural gas (LNG) trading, while saying it would buy back shares worth $3.
Shell rallies after boosting dividend, buybacks despite Q4 profit drop
Shell (NYSE:SHEL) +3.2% in Thursday's trading despite missing Q4 earnings and revenue estimates, weighed by weaker oil and gas prices and demand, but the company increased shareholder returns in a sign of confidence in its strategy of refocusing on its most profitable sectors.
Shell raises dividend to shareholders as profit falls amid lower oil prices
The energy major said profits fell after a year of operating in ‘a lower price environment’, amid shrinking margins from its oil refining business.
1h
on MSN
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 ...
12h
Shell Keeps $3.5 Billion Buyback Amid Earnings Miss
The oil-and-gas company’s adjusted earnings fell more than expected, weighed by lower oil prices and refining margins.
1d
on MSN
Shell misses quarterly profit estimate; announces $3.5 billion share buyback
Shell reported a drop in fourth-quarter profit on Thursday, missing estimates due to lower refining margins and LNG trading, ...
1d
on MSN
Shell still reviewing moving listing away from London but not a live discussion
Oil company Shell says is still mulling moving its stock market listing from London to New York but that it wasn't a “live ...
1d
Shell and Equinor Production Blocked at 2 Sites Off British Coast
A court ruling requires the British government to consider the potential climate impact of the oil and gas produced in the ...
21h
on MSN
Shell pulls out of N.J.’s 1st offshore wind farm. Is project now at risk?
Shell has withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest hit to the state’s clean ...
Channel NewsAsia Singapore
39m
Jail for man who blocked investigations into Shell Bukom fuel heist by lying to police
Wong Wai Seng relayed instructions to three bunker clerks to stay out of Singapore and avoid investigations into the S$128 ...
8h
Shell’s Promising Financial Outlook and Strategic Initiatives Support Buy Rating
Analyst Roger Read from Wells Fargo maintained a Buy rating on Shell (SHEL – Research Report) and decreased the price target to $82.00 from ...
1d
Shell sees 2024 oil and gas reserve replacement ratio at 85%
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
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