President Donald Trump has vowed to lower oil prices and unleash a fossil fuel ... CEO Mike Wirth noted that the company would still be focusing on capital discipline in the coming year.

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.

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.

(AP Photo/Wayne Parry, File) The Shell oil company logo is displayed at a fuel station in London, on May 5, 2022. (AP Photo/Alastair Grant, File) A boat passes by July 2, 2024, off Sea Girt, N.J., ...

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

Copyright 2024 The Associated Press. All rights reserved. FILE - A boat passes by July 2, 2024, off Sea Girt, N.J., where a power cable from the Atlantic Shores ...

The Shell oil company logo is displayed at a fuel station in London, on May 5, 2022. Credit: AP/Alastair Grant The Biden administration approved plans to build the Atlantic Shores project in two ...