CERAWEEK US, TotalEnergies to shift $1 billion from wind to oil and gas - Reuters

CERAWEEK US, TotalEnergies to shift $1 billion from wind to oil and gas  Reuters

Trump Administration to Pay $1 Billion to Energy Giant to Cancel Wind Farms

In exchange, the French company TotalEnergies would invest in oil and natural gas projects in Texas and elsewhere.

By Maxine Joselow and Brad Plumer

Total Released From $1 Billion US Offshore Wind Leases - Bloomberg.com

Total Released From $1 Billion US Offshore Wind Leases  Bloomberg.com

France’s TotalEnergies Walks Away From U.S. Offshore Wind - WSJ

France’s TotalEnergies Walks Away From U.S. Offshore Wind  WSJ

US to pay Total $1bn to switch from wind to oil and gas development

Deal comes as Donald Trump faces pressure to limit energy price increases triggered by Iran war

US and TotalEnergies reach 'nearly $1 billion' deal to end offshore wind projects

The US and the French company signed an agreement to end TotalEnergies' offshore US wind farm projects and redirect those funds towards fossil fuel production.

US to pay almost $1bn to French energy company to kill wind project plan

Trump administration announces deal with TotalEnergies to redirect investment in wind to oil and gas instead As a fuel crisis triggered by the war in Iran drives up global fossil fuel prices, the Trump administration has announced it will pay French energy major TotalEnergies $1bn to kill plans to construct wind farms off the US east coast. The deal is the latest blow to the US offshore wind industry, which has faced repeated disruptions to multi-billion-dollar projects under Donald Trump. C...

By Dharna Noor and agencies

TotalEnergies signs agreement with Interior Department to end its U.S. offshore wind projects

US to pay TotalEnergies $1B to end offshore wind power leases

The Trump administration will pay about $1 billion to TotalEnergies to exit its offshore wind leases in the United States, as part of a broader push to scale back renewable energy...