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New York Post
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Shell US chief says Trump's halting of wind projects harms investment: report

1. Shell's US President criticizes the halt on offshore wind projects. 2. Regulatory uncertainty could negatively affect oil and gas investments. 3. Trump administration canceled $679 million for 12 offshore wind projects. 4. Shell employs over 11,000 in the US, dominant in the Gulf. 5. Hirstius warns of political shifts affecting energy sector stability.

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FAQ

Why Bearish?

Halting offshore wind projects creates regulatory uncertainty, undermining Shell's growth potential, akin to past industry instability post-regulatory shifts.

How important is it?

The article addresses direct challenges to Shell's operational environment, impacting strategic planning and investor confidence.

Why Short Term?

Immediate regulatory decisions can quickly affect investor sentiment; similar impacts were seen after past policy changes.

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