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White House to pay TotalEnergies $1 billion to kill off East Coast wind farm projects

The announcement comes as the Iran war disrupts global oil and gas supplies, making the U.S.' development of its LNG resources more urgent.

1 report1 sourceMar 24, 2026, 7:26 AM
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CNBCMar 24, 2026, 7:26 AM

White House to pay TotalEnergies $1 billion to kill off East Coast wind farm projects

The announcement comes as the Iran war disrupts global oil and gas supplies, making the U.S.' development of its LNG resources more urgent.

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