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Rio Grande LNG Expansion and Upstream Oil and Gas Development

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Source: Energy News Beat

Project
Planned

TotalEnergies has agreed to renounce two costly offshore wind leases and redirect nearly $1 billion into U.S. oil, natural gas, and LNG projects. The investment will focus on the development of Trains 1 through 4 at the Rio Grande LNG plant in South Texas and upstream conventional oil development in the Gulf of Mexico and shale gas production. This shift aims to provide affordable, reliable baselo

Status
Prospective
Sector
Wind, Natural Gas, LNG, Power Generation (CCGT), Oil and Gas
Location
Texas, United States of America
Updated
22 Jul 2026
Source
Energy News Beat

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The project “Rio Grande LNG Expansion and Upstream Oil and Gas Development” is an infrastructure initiative in the Wind sector, located in Texas, United States. Taiyo aggregates data on it from Energy News Beat.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

TotalEnergies has agreed to renounce two costly offshore wind leases and redirect nearly $1 billion into U.S. oil, natural gas, and LNG projects. The investment will focus on the development of Trains 1 through 4 at the Rio Grande LNG plant in South Texas and upstream conventional oil development in the Gulf of Mexico and shale gas production. This shift aims to provide affordable, reliable baseload power and enhance U.S. energy security and grid reliability.

Original sector

Energy

Budget

Location

Country

United States of America (USA)

State

Texas

Source

Source

Energy News Beat

URL

More Details

Record type

Project

Sector

Wind, Natural Gas, LNG, Power Generation (CCGT), Oil and Gas

Article published date

2026-03-26

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