US pays TotalEnergies $1 billion to dump offshore wind

TotalEnergies has accepted $1 billion to abandon offshore wind leases in the US and re-focus on oil and gas, a US government announcement has confirmed.

Screenshot 2026-03-24 094448

TotalEnergies has accepted $1 billion to abandon offshore wind leases in the US and re-focus on oil and gas, a US government announcement has confirmed.