Tag: #interiordepartment

U.S. to repay TotalEnergies nearly $1 billion to drop offshore wind leases, redirecting investment to LNG and drilling

Interior will refund TotalEnergies’ 2022 offshore wind lease payments after it matches the sum in U.S. oil, gas and LNG investments.

#energy, #offshorewind, #lng, #oilgas, #interiordepartment

U.S. to Refund TotalEnergies Nearly $1 Billion to Drop Offshore Wind Leases and Invest in Oil and Gas

At CERAWeek, the Interior Department struck a deal to unwind two offshore wind leases and reimburse TotalEnergies if it invests in U.S. oil and gas.

#energy, #offshorewind, #oilgas, #totalenergies, #interiordepartment