BUSINESSglobal
TotalEnergies Abandons US Offshore Wind for Fossil Fuel Projects
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Updated 2 hours ago
First seen March 24, 2026 05:17:22Stay on top of this story
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Quick Summary
The United States and French energy major TotalEnergies said on Monday they would redirect nearly $1 billion from offshore wind leases to U.S. oil and natural gas production.The agreement marks a new strategy in the Trump administration's wide-ranging effort to stymie development of U.S.