TotalEnergies Fossil Fuel Investment in U.S.
The owner, status and timeline of this project. A free account opens every field.
Source: Marine News Magazine
TotalEnergies announced a redirection of nearly $1 billion from offshore wind leases towards U.S. production of oil and gas, including development of four trains at Rio Grande LNG in Texas and upstream conventional oil and shale-gas production in the U.S. Gulf. The company pledged not to develop new offshore wind projects in the U.S. and will reimburse the U.S. for lease terminations in the Caroli
- Status
- Prospective
- Sector
- Wind, Natural Gas, LNG, Oil and Gas
- Location
- Texas, United States of America
- Updated
- 22 Jul 2026
- Source
- Marine News Magazine
ConstructChat
Ask ConstructChat about TotalEnergies Fossil Fuel Investment in U.S.
Pick a question to edit it, or write your own.
First answer free · no account
Project Information FAQ
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 announced a redirection of nearly $1 billion from offshore wind leases towards U.S. production of oil and gas, including development of four trains at Rio Grande LNG in Texas and upstream conventional oil and shale-gas production in the U.S. Gulf. The company pledged not to develop new offshore wind projects in the U.S. and will reimburse the U.S. for lease terminations in the Carolina Long Bay and New York Bight areas. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
State | Texas |
Source
Source | Marine News Magazine |
URL |
More Details
Record type | Project |
Sector | Wind, Natural Gas, LNG, Oil and Gas |
Article published date | 2026-03-26 |
Research
Free account
View all details
You are reading the public part. A free account opens the rest:
- Every detail on this project
- News and media coverage
- Technical research
Free account · no card · lands you back on this project