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03 AUG 2026 MONDAY
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The Trump administration has struck a $928 million deal with TotalEnergies to abandon two major U.S. offshore wind leases and redirect the capital into LNG and oil and gas development, marking a decisive shift in strategy after federal courts blocked efforts to halt projects on national security grounds.
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news gCaptain ·2026-03-23

Trump Administration Reimburses TotalEnergies $928M to Scrap Offshore Wind Leases, Pivot to LNG

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