Shell is ‌preparing to launch a sale of its offshore wind farms that could fetch more ​than $1 billion, in the oil ​giant's ...

Chief executive Wael Sawan has sought to cut costs and offload low-returning assets since taking over more than three years ...

Shell Plc is preparing to launch a sale of its offshore wind farms in the oil major’s latest move away from renewable energy to focus on its higher-returning fossil fuel business.

Shell may sell offshore wind assets worth more than $1 billion as the oil giant continues shifting capital to LNG.