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US Mulls $1B Settlement for Abandoned Wind Farms

ports_congestion UTC: 2026-03-17 12:20:56

U.S. officials are drafting agreements to pay nearly $1 billion to oil major TotalEnergies as compensation for the cancellation of leases for wind farms in federal waters off New York State and North Carolina, the New York Times reported on Tuesday.Under the terms of the propo...

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