Trump administration to pay French company $1B to drop U.S. offshore wind leases

TotalEnergies has agreed to what's essentially a refund of its leases for projects off the coasts of North Carolina and New York, and will invest the money in fossil fuel projects instead, the Department of Interior announced.


play_arrow All United States of America News
4 h.
Economics
ID: 8615372342834616408


Similar News expand_more


5 h. Trump administration to pay French company $1B to walk away from US offshore wind leases
Economics
9 h. Interior and TotalEnergies Agree to End Offshore Wind Projects, Lowering Costs for American Families
Weather
8 d. Construction finishes on a major offshore wind farm, the first during Trump’s tenure
Technology
2 w. Trump dismisses Iran World Cup concerns amid ongoing military strikes: 'I really don't care'
Politics
3 w. France restricts Trump ambassador’s access to officials after missed summons
Politics
4 w. France curtails US Ambassador Kushner's government access after he fails to obey summons
Politics
1 w. Trump says US will tap Strategic Petroleum Reserve to try to drop gas prices
Economics
1 M. US aircraft carrier ordered to depart Caribbean for Mideast, as Trump pressures Iran
Travel
63 h. Trump says US considering ‘winding down’ war, as sanctions lifted on 140m barrels of Iranian oil
Economics
1 M. Trump administration set to take bids in federal oil and gas lease sale in Alaska’s Cook Inlet
Economics
2 w. Qatar’s State Petroleum Company Cancels Gas Contracts Due to Iranian Attacks
Economics
2 w. Oil companies shun Trump administration’s Alaska offshore auction By Reuters
Economics
1 M. Trump Administration Halts Small Business Loans to Foreign Nationals, Requiring Full American Ownership
Economics
1 w. Trump ran on lowering gas prices. The war with Iran is challenging that promise
Economics
1 w. France Names Soldier Killed By 'Shahed Drone' Strike on Iraq Military Base Overnight
Military
1 M. SunZia Wind and Transmission progresses as the largest wind energy and transmission buildout in the United States
Travel
1 M. Trump moves to cut tariffs on India over Russian oil purchases following preliminary deal
Economics
8 d. Gas prices surge in Bay Area as Trump administration orders restart of offshore drilling
Weather
2 w. Trump Administration Bans Foreign Nationals from More Small Business Loans
Economics
1 w. UPDATE: Northwest Washington placed under a wind advisory Wednesday and Thursday
Weather
1 M. Popular cruise company abruptly shuts down, disrupting upcoming vacations
Travel
2 w. Trump orders coverage, possible Navy escorts for all ships traveling the Gulf
Travel
3 w. France bars U.S. ambassador from government access after failure to appear to a summons
Politics
1 M. Wind advisory issued for Northern Washington Coast and Grays Harbor County Coast
Weather
4 w. Democrats demanding ICE reforms lose airport escorts in shutdown they triggered
Travel
9 d. Spiking insurance rates squeeze Seattle landlords as rents drop and vacancies climb
Real Estate
1 M. Seattle affordable housing developer may see windfall from first tax haul
Real Estate
3 w. The director of Paris' Louvre Museum has resigned in the wake of a major jewel heist
Culture
6 d. Iran war latest: Top US official quits over conflict in letter to Trump
Politics
1 M. France dumps Zoom and Teams as Europe seeks digital autonomy from the US
Sport
13 h. Trump orders War Dept to postpone strikes on Iranian energy sites, citing 'productive' talks to end war
Economics
9 d. Trump orders restart of oil drilling off California coast as Iran war pushes gas prices up
Economics
7 d. Europe Rejects Trump’s Demands for Warships to Reopen the Strait of Hormuz
Travel
1 M. Wind turbines combined with tidal–wave installations increase power generation by up to 70%
Weather
1 M. Beloved cruise line abruptly shuts down, cancels all future voyages after 15 years
Travel
1 w. Seattle World Cup plans upended as Iran withdrawal clouds June match and FIFA replacement
Sport
1 M. Alaska Cruise Line Abruptly Shuts Down Operations, Canceling All Future Sailings
Travel
1 M. LA County Board rejects further extension of tenant eviction protections
Real Estate
1 M. Los Angeles County placed under a wind advisory until Wednesday morning — gusts may reach 50 mph
Weather
2 w. Iran war live: US sinks Iranian warship; NATO downs Iran missile headed into Turkey's airspace
Military
2 w. Trump wants U.S. Navy to escort tankers through the Gulf. Why that plan may not work
Travel
1 w. Seattle weather: 78K lose power in windstorm; blizzard blasts Cascades
Weather
3 w. U.S. Ambassador Charles Kushner banned from meeting with French government over summons no
Politics
1 M. Italian Govt. Approves Bill Allowing ‘Naval Blockades’ on Illegal Migrant Vessels
Travel
2 w. Glenfarne Group working to ‘accelerate commercial agreements’ for Alaska liquefied natural gas following Iran war strikes
Economics
1 w. UPDATE: Wind advisory affecting Western Washington Wednesday and Thursday
Weather
2 w. Iran war live: Oil prices soar as Trump denounces choice of supreme leader
Economics
2 w. After the U.S. sinks an Iranian warship, Sri Lanka takes custody of an Iranian vessel
Military
5 d. Day 18 of Middle East conflict — top Iranian leaders killed, Trump administration official quits
Politics
Popular countries based on strong economic and political relations
Add Watch Country

arrow_drop_down