Shell PLC is preparing to launch a sale of its offshore wind farms in the oil major’s latest move away from renewable energy. Read here now

Shell PLC is preparing to launch a sale of its offshore wind farms in the oil major’s latest move away from renewable energy. Read here now

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

Shell may sell offshore wind assets worth more than $1 billion as the oil giant continues shifting capital to LNG.

Oil group Shell plc (LON:SHEL) is planning to divest its offshore wind farms in its latest retreat from renewables, Bloomberg reported on Friday.