UK: Shell lambasted as it seeks exit from offshore wind farm

Royal Dutch Shell yesterday provoked a storm of anger among its partners in the world’s largest offshore wind proposal when it revealed plans to sell its stake.

The world’s second-biggest oil company said that it planned to sell its 33 per cent stake in the London Array project, which plans for as many as 341 turbines off the Kent and East Sussex coasts. Shell, which reported record quarterly profits of
Shell said the decision was made following reappraisal of its UK and European assets. While the value of the stake is unclear, the project is expected to cost