Trump Admin Strikes Deal With Energy Firm To Nix Offshore Wind Plans [zero hedge]
TotalEnergies SE Ordinary Shares (TTE)
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Source: zero hedge
Trump Admin Strikes Deal With Energy Firm To Nix Offshore Wind Plans Authored by John Haughey via The Epoch Times, 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. Burgum said much of TotalEnergies’ offshore wind investments were tied to Biden-era “green energy” subsidies rather than in direct power generation, forcing American taxpayers “to pay for energy sources twice. They were paying for it in terms of high utility bills, but they were all payin
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News
- TotalEnergies and EDF Sign a Long-Term Partnership to Secure Low-Carbon Electricity Supply for TotalEnergies’ Refining & Chemicals Sites in FranceBusiness Wire
- TotalEnergies releases its Universal Registration Document 2025 (Document d’enregistrement universel 2025) and its Form 20-F 2025Business Wire
- Director/PDMR Shareholding [Yahoo! Finance]Yahoo! Finance
- Director/PDMR Shareholding [Yahoo! Finance]Yahoo! Finance
- TotalEnergies Beats 2025 Emissions Targets in Transition Push [Yahoo! Finance]Yahoo! Finance
TTE
Earnings
- 10/30/25 - Miss
TTE
Sec Filings
- 3/27/26 - Form IRANNOTICE
- 3/27/26 - Form 20-F
- 3/9/26 - Form SCHEDULE
- TTE's page on the SEC website