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

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

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 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 plc SHEL, one of the world's most prominent energy giants, has announced it will scale back its involvement in new offshore wind investments in a move that marks a significant departure from its ...

Shell is reportedly preparing to offload its offshore wind assets as it doubles down on higher-return fossil fuel operations ...

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winds continue to shift in the offshore wind sector, Shell disclosed during a quarterly earnings call Jan. 30 it has withdrawn from the planned Atlantic Shores Offshore ...

Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has agreed to sell a 20% stake in the Orca project offshore Brazil to the Kuwait Foreign Petroleum Exploration Co. (KUFPEC). A ...

Equinor EQNR-1.32%decrease; down pointing triangle and Shell SHEL-0.52%decrease; down pointing triangle plan to merge their U.K. offshore oil-and-gas assets to form a new company focused on the U.K.