Wed, December 11, 2024
[ Wed, Dec 11th 2024 ]: The New Indian Express
Shriram Finance concludes sale of housing loan arm
[ Wed, Dec 11th 2024 ]: The Victoria Advocate
Tis the season for tax savings
[ Wed, Dec 11th 2024 ]: KITV
Macy's provides more details about that employee who hid more than $150 million worth of expenses
[ Wed, Dec 11th 2024 ]: Sacramento Bee
Clear Start Tax Shows How $32,000 IRS Debt Was Se .. Down to Only $100 Through This Government Program
[ Wed, Dec 11th 2024 ]: The Hindu
Startup Success Secrets: Explore the Top Benefits of Current Accounts!
[ Wed, Dec 11th 2024 ]: Mint
Tata Trusts continues to oppose transfer of Tata Sons shares owned by SP Group
[ Wed, Dec 11th 2024 ]: businessday
FG's expanded digital tax net targets N230bn haul in 2025
[ Wed, Dec 11th 2024 ]: U.S. News & World Report
Inflation Remains a Stubborn Problem as Prices Continue to Rise
[ Wed, Dec 11th 2024 ]: Wall Street Journal
Macy's Probe Found Employee Acted Alone in $151 Million Accounting Scandal
[ Wed, Dec 11th 2024 ]: Business Line
Veranda Learning to raise ?250 crore via preferential issue for strategic acquisitions
[ Wed, Dec 11th 2024 ]: Channel NewsAsia Singapore
HSBC, World Bank's IFC launch US$1 billion trade finance programme for emerging markets
[ Wed, Dec 11th 2024 ]: Charlotte Observer
TruBit and Bridge Unite to Transform Stablecoin-D .. Cross-Border Payments Between the U.S. and LATAM
[ Wed, Dec 11th 2024 ]: Seeking Alpha
PDD Holdings: Great Business, Big Potential, Low Valuation
[ Wed, Dec 11th 2024 ]: The State
'Questionable' transactions and bowl games. USC office misspent $1.7M in public funds, audit says
[ Wed, Dec 11th 2024 ]: Trinidad Express Newspapers
UWIDEF provides $1.15m in sholarships and bursaries
[ Wed, Dec 11th 2024 ]: KOAM News Now
MO groups issues challenge for recently passed Proposition A
[ Wed, Dec 11th 2024 ]: abp LIVE
Capricorn Horoscope Tomorrow (Dec 12): Focus On S .. And Balance In Career, Health, And Relationships
[ Wed, Dec 11th 2024 ]: Business Wire
Interactive Brokers Launches AI-Powered News Summaries for Smarter, Faster Investment Decisions
[ Wed, Dec 11th 2024 ]: Gulf Times
QDB launches its new strategy for 2025-2030
[ Wed, Dec 11th 2024 ]: Associated Press
Donald Trump will ring the New York Stock Exchange bell as he's named Time's Person of the Year
[ Wed, Dec 11th 2024 ]: The Royal Gazette
Financial assistance data reveals tough times for seniors
[ Wed, Dec 11th 2024 ]: The Financial Express
Shriram Finance completes sale of housing finance arm
[ Wed, Dec 11th 2024 ]: The New York Times
Serena Williams Is Competing on a New Court: Investment
[ Wed, Dec 11th 2024 ]: Business Standard
HSBC, WB's IFC launch $1 bn trade finance programme for emerging markets
[ Wed, Dec 11th 2024 ]: CNN
Albertsons calls off merger and sues Kroger
[ Wed, Dec 11th 2024 ]: Newsweek
America Sees Rise in People Quitting Their Jobs
[ Wed, Dec 11th 2024 ]: Investopedia
Revealed: The Key Characteristics of Costco's Average Customer
[ Wed, Dec 11th 2024 ]: USA Today
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all-time high
[ Wed, Dec 11th 2024 ]: TechCrunch
Amazon is officially in the online car sales business
[ Wed, Dec 11th 2024 ]: savannahbusinessjournal
Dec. 11 - Sterling Seacrest Pritchard Named in Bu .. surance's Annual Best Places to Work in Insurance
[ Wed, Dec 11th 2024 ]: vegconomist
CULT Food Science Targets Mycelium and Hybrid Alternatives with Acquisition of The Better Butchers
[ Wed, Dec 11th 2024 ]: The StarPhoenix
Sask. small business owner illustrates cost-of-living struggle: NDP
[ Wed, Dec 11th 2024 ]: Bloomberg L.P.
Close Brothers Gets Top Court Appeal of Motor Finance Ruling
[ Wed, Dec 11th 2024 ]: businesslive.co.za
How emergency finance law can prevent France shutdown
[ Wed, Dec 11th 2024 ]: El Paso Times
El Paso mayoral race: Business community's cash flows mostly to Renard Johnson's campaign
[ Wed, Dec 11th 2024 ]: CBC.ca
Halifax taking steps toward diversity and inclusion, but oversight is needed: Auditor General
[ Wed, Dec 11th 2024 ]: Forbes
Trump's Cabinet And Key Jobs: Kimberly Guilfoyle, .. acob Helberg And Andrew Ferguson Are Latest Picks
[ Wed, Dec 11th 2024 ]: Reuters
BNY CEO optimistic on US economic growth, AI potential
[ Wed, Dec 11th 2024 ]: Emirates247
UAE Cabinet reviews achievements in 2024 Global C .. ucation, Human Development, and Community Council
[ Wed, Dec 11th 2024 ]: 24/7 Wall St
I'm in my 40s with $9 million banked and I don't .. can stand to work for my boss for another second
[ Wed, Dec 11th 2024 ]: Business Insider
Best Money Market Rates for December 2024: Top Accounts, Features, and Benefits
[ Wed, Dec 11th 2024 ]: The Independent
Finance watchdog warns 'we can't stop everything' if chancellor's plan unleashes more fraud
[ Wed, Dec 11th 2024 ]: MSN
A six-year Wisconsin hockey veteran shares his 'ups and downs' to make the Badgers better
[ Wed, Dec 11th 2024 ]: Wales Online
Live updates as Welsh Government announces huge s .. to improve, hospitals, schools, roads and trains
[ Wed, Dec 11th 2024 ]: Yahoo Finance
The five-year shareholder returns and company ear .. (TSE:AQN) stock falls a further 3.4% in past week
[ Wed, Dec 11th 2024 ]: India TV
SIP Vs traditional saving: Which is better and secure financial option in India? EXPLAINED
[ Wed, Dec 11th 2024 ]: cnbctv18
Shriram Finance finalises ?3,929 crore stake sale in housing unit to Warburg Pincus
[ Wed, Dec 11th 2024 ]: AOL
GM's Cruise robotaxi exit a result of 'serious pr .. s' from scaling too fast and continued high costs
BenQ GV50 Potable Projector

Big Oil Backs Off: Why Shell And BP Have Exited The Offshore Wind Business

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Douglas McIntyre, editor-in-chief of Climate Crisis 24/7, reports on Shell and BP's decisions to exit the offshore wind power sector, citing profitability challenges. He highlights issues like turbine breakdowns,
The video from MSN discusses why major oil companies like Shell and BP have decided to exit the offshore wind business. Despite initial enthusiasm for renewable energy, these companies are facing significant challenges including high costs, technical difficulties, and regulatory hurdles. The offshore wind sector requires substantial investment with long-term returns that are not aligning with the immediate profitability expectations of these firms. Additionally, the complexities of managing wind projects, which differ greatly from their core oil and gas operations, have led to strategic retreats. This shift indicates a broader reassessment of investment in renewable energy by traditional energy giants, focusing instead on their core competencies where they can achieve more predictable financial outcomes.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/big-oil-backs-off-why-shell-and-bp-have-exited-the-offshore-wind-business/vi-AA1vFWbI ]