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Reuters

Reuters

Exclusive-Shell slows investments in offshore wind, splits power business

Reuters
Summary
Nutrition label

80% Informative

Shell Energy will be split into two separate power generation and trading units.

The changes are part of a company-wide review launched in 2023 aimed at reducing costs.

The company in recent months has retreated from several offshore wind projects.

Shell and other major energy companies have in the past touted offshore wind as a key market.

VR Score

90

Informative language

96

Neutral language

71

Article tone

formal

Language

English

Language complexity

64

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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