By Finance Pulse in SHEL —

Shell Reduces Renewable Investments, Prioritizes Oil and Gas

Shell shifts focus from renewable energy, pulling back on offshore wind investments and weakening carbon reduction targets. Oil and gas take priority.

A juxtaposition of an offshore wind farm fading into an oil rig silhouette, symbolizing Shell's shif
Shell Reduces Renewable Investments, Prioritizes Oil and Gas

Shell has halted new offshore wind investments and weakened its carbon reduction targets.

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