Interior Dept. to Reimburse Nearly $1B to Stop 2 Offshore Wind Projects
TotalEnergies to Redirect Prior Investment to Fossil Fuels
TotalEnergies CEO Patrick Pouyanné (left), Interior Secretary Doug Burgum during a signing ceremony on the sidelines of CERAWeek by S&P Global that gives the French company $928 million to give up offshore wind leases and invest in U.S. fossil fuels. | © RTO Insider
Mar 23, 2026
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The Department of the Interior announced an agreement with TotalEnergies for the company to give up offshore wind leases.
