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.

Read full article: ‘An industry in need of help’: Citrus growers ask lawmakers for help as production continues to drop 1930s monkey lab in Orange Park remains ... and gas giant Shell is ...

Shell is writing off a nearly $1 billion investment. It announced its decision on Thursday, as it reported a 16% decline in full-year earnings of $23.7 billion from $28.3 billion. Most of its ...