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Shell, New Jersey and Donald Trump

The Associated Press on MSN · 3h

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 is walking away from a major project off the coast of New Jersey.

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.

Hosted on MSN · 1d

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.

PA Media on MSN · 1d

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.

14h

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.

1don MSN

Shell raises shareholder dividend despite profit drop; share rise

Shell reported a 16% drop in profit for 2024 on Thursday amid weakness in oil and gas prices and in demand, but shares rose ...

1don 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 ...

1don 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, ...

8h

Shell price target lowered to $82 from $86 at Wells Fargo

Wells Fargo lowered the firm’s price target on Shell (SHEL) to $82 from $86 and keeps an Overweight rating on the shares on CF adjustments.

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