Energy

Trump Admin Strikes Deal With Energy Firm to Nix Offshore Wind Plans

TotalEnergies will drop leases for projects off North Carolina and New York, and invest the reimbursed money into an LNG project in Brownsville, Texas.
Trump Admin Strikes Deal With Energy Firm to Nix Offshore Wind Plans
TotalEnergies CEO Patrick Pouyanné (L) and Interior Secretary Doug Burgum sign the agreement at the CERAWeek by S&P Global conference in Houston on March 23, 2026. John Haughey/The Epoch Times
John Haughey
John Haughey
Reporter
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HOUSTON—A global energy corporation based in France has ceded leases off North Carolina and New York where it planned to spend nearly $1 billion to build offshore wind turbines back to the U.S. Department of Interior and will instead redirect that investment into natural gas projects in Texas.

The “landmark agreement” was jointly announced by the department and TotalEnergies in Washington on March 23, and confirmed by Interior Secretary Doug Burgum and TotalEnergies CEO Patrick Pouyanné during a press conference at the 44th annual CERAWeek by S&P Global conference at the Americas Hilton-Houston.
John Haughey
John Haughey
Reporter
John Haughey is an award-winning Epoch Times reporter who covers U.S. elections, U.S. Congress, energy, defense, and infrastructure. Mr. Haughey has more than 45 years of media experience. You can reach John via email at [email protected]
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