Rio Grande LNG Expansion and Upstream Oil and Gas Development
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Source: Energy News Beat
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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Project Information
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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