8legs: Totalenergies

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#1 out of 5

New York and other states sue over a $1 billion buyback deal that would end offshore wind leases if TotalEnergies redirects funds to fossil fuels.
The coalition says the arrangement violates federal law and harms economies, energy grids, and climate goals by forcing wind projects to shut down.
Letitia James leads the lawsuit with other state attorneys general challenging the cancellation of the New York lease and the broader offshore-wind project.

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#2 out of 5

Nine Democratic-led states filed a federal lawsuit challenging the DOJ's $928 million payout to TotalEnergies to quit an offshore wind lease.
New York Attorney General Letitia James leads the suit, joined by Connecticut, Maine, Massachusetts, New Jersey, Rhode Island and Vermont.
The suit argues the DOJ used the Judgment Fund to pay TotalEnergies even though the company had not sued the United States.
The states accuse the deal of bypassing required hearings and review under the Outer Continental Shelf Lands Act.
TotalEnergies pledged the payout would be redirected to U.S. oil and gas infrastructure.
The suit claims the deal could undermine offshore wind development in the United States.
The DOJ did not comment on the lawsuit.
The case references a March agreement paying $928 million to surrender the Attentive Energy wind lease 54 miles off Jones Beach.
Opponents describe the payout as diverting taxpayer funds away from offshore wind goals.
The suit lists multiple states and the New York AG as plaintiffs challenging the payout.

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#3 out of 5

New York filed a lawsuit against the Trump administration over the offshore wind project deal and its cancellation.
TotalEnergies would receive a $1 billion refund if it invests in fossil fuels instead of wind.
States argue the cancellation harms economies, energy grids, and climate goals.
The complaint names administration officials, including Interior Secretary Doug Burgum, as defendants.
Democrats in Congress are examining the TotalEnergies agreement amid broader wind-energy debates.
The deal involves a broader dispute over federal permissions for wind development and national security reviews.
Interior Department did not immediately comment on the lawsuit.
TotalEnergies previously purchased offshore wind leases off New York and New Jersey in 2022 for $795 million.
The dispute centers on offshore wind leases and potential energy savings for ratepayers.
The case underscores disputes over wind-energy policy and federal state cooperation.

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#4 out of 5

New York sues the Trump administration over a $1 billion deal to end offshore wind leases in favor of fossil fuel projects.
Six states including New York join the lawsuit, arguing the cancellation harms economies, energy grids and climate goals.
The lawsuit seeks to vacate the lease cancellation and the settlement with Attentive Energy, a TotalEnergies subsidiary.
New York Attorney General Letitia James said the deal amounts to taxpayer dollars subsidizing oil and gas instead of clean energy.
Governor Kathy Hochul pledged to fight against what she called the administration's hostility toward offshore wind.
TotalEnergies purchased the leases in 2022 for about $795 million with plans to generate significant clean energy.
The complaint notes the leases were canceled without proper procedures, according to the filing.
The case follows other renewables-related legal actions and critiques of the administration’s energy approach.
Separately, a coalition of renewable groups filed a complaint in Oregon over national security reviews delaying wind farm development.
Interior Department defended the deals as voluntary and reviewed, while noting concerns about the negotiation process.

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#5 out of 5

SOCAR signs a long-term gas deal with TotalEnergies, XRG and BOTAŞ to export Caspian gas from Absheron starting 2029.
The deal was announced during Baku Energy Week and covers the next development stage of Absheron.
Final investment decision on the Absheron development stage is expected later this year.
The agreement aims to bolster the Southern Gas Corridor to Europe.
The Absheron field lies about 100 kilometers southeast of Baku and holds significant gas and condensate.
The Southern Gas Corridor connects Caspian gas to Turkey and Europe amid diversification efforts.
SOCAR's move deepens ties with Turkey and international partners in gas infrastructure.
TotalEnergies, ADNOC's XRG and BOTAŞ expand their international gas reach.
The deal supports diversification away from Russian gas for Europe.
The Absheron development stage could influence future European energy security.

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