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EXPLAINED: 2 | Vintage Vibes

Trump administration to pay TotalEnergies $1bn to drop US offshore wind project

Washington will refund a French energy giant to exit US offshore wind plans, fuelling criticism from environmental groups.

Euronews

Trump administration to pay almost $1B to abandon plans to build wind farms

The Interior Department announced Monday the US would reimburse TotalEnergies for the amount it paid in leases for offshore wind projects during the Biden administration

The Independent UK

Why Trump is paying a French energy giant almost $1 billion to abandon U.S. offshore wind projects in favor of natural gas

Speaking at the CERAWeek by S&P Global event in Houston, TotalEnergies chairman and CEO Patrick Pouyanné said he is opting “not to litigate, but to make pragmatic solutions.”

Fortune

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US to pay almost $1bn to French energy company to kill wind project plan

Trump administration announces deal with TotalEnergies to redirect investment to oil and gas

The Guardian - US

French company stops US offshore wind projects in $1B deal with Trump administration

The Department of Interior says a French energy company has agreed to give up two U.S. offshore wind leases and invest in fossil fuel projects instead

The Independent UK

France’s first advanced chemical recycling plant opens, to criticism from NGOs

TotalEnergies' new plastics recycling plant has come under fire from environmental activists, who claim the chemicals it uses will create more greenhouse gases than conventional recycling methods.

Radio France Internationale

Trump Wants To Pay a Company Almost $1 Billion To Cancel Its Wind Projects in New York and North Carolina

If the company refuses, the government may still terminate its lease.

Reason

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Verdict postponed in climate change damage case between TotalEnergies and farmer

A Belgian court on Wednesday adjourned a case pitting French oil giant TotalEnergies against a farmer seeking compensation for damage to his land caused by climate change while another hearing involving the company takes place in Paris.

Radio France Internationale

Trump team weighs paying $1B to get companies to stop off-shore wind farm projects

Proposed settlements would terminate leases for wind farms in New York and North Carolina

The Independent UK

'Ineos can become as strong as Team Sky once were' - An agent and rival team manager welcome €100 million Netcompany sponsorship

How the Netcompany five-year sponsorship could revive the British team's Grand Tour ambitions

Cycling News

TotalEnergies caps petrol and diesel prices at French service stations

French energy giant TotalEnergies announced on Thursday it will cap petrol and diesel prices at its service stations in mainland France for the next three weeks, as oil prices surge amid the conflict in the Middle East.

Radio France Internationale

2 High-Yield Dividend Stocks to Buy Now Amid the U.S.-Iran War

J.P. Morgan’s more bullish stance on select European majors makes sense here, because Eni and TotalEnergies combine mid‑single‑digit yields, below‑sector valuation multiples, and diversified upstream, downstream, and renewables portfolios that can monetize a sustained Middle East risk premium while still paying investors to wait.

Barchart

Ineos Grenadiers secure new title sponsor to rebuild super team status, deal worth €20 million annually

Five year agreement with Danish software brand and renewed support from TotalEnergies set to boost British team's budget and Tour de France ambitions

Cycling News

Reeves reaffirms commitment to end windfall tax in talks with North Sea bosses

The Chancellor met figures from BP, TotalEnergies and Serica in Downing Street.

Evening Standard

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Fortune

U.S. oil and gas exporters profit from the Iran war, but they can’t begin to fill the supply gap as global prices spike

Energy prices continue to spike, but a worst-case scenario has yet to unfold.

Cycling News

Classic Var: Jason Tesson sprints to TotalEnergies' first victory of the 2026 season

Frenchman beats Tord Gudmestad and Rick Pluimers to the line in Brignoles

Motorsport

The 2026 Le Mans 24 Hours entry list in full

Check out the full entry list for the 2026 Le Mans 24 Hours, the 94th running of the French endurance classic and the blue riband round of the 2026 World Endurance Championship.

Radio France Internationale

TotalEnergies in French court accused of failing to limit climate damage

A case against French oil and gas giant TotalEnergies opened in Paris on Thursday over allegations it has failed to meet legal obligations to limit environmental harm.

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Cycling News

Clásica de Almería: Biniam Girmay sprints to second win of the season after flawless leadout in chaotic finish

Defending champion Milan Fretin was second and Matteo Moschetti took third in Roquetas de Mar

Barchart

1 High-Yield Dividend Stock to Buy Hand Over Fist in February 2026

TotalEnergies screens as a “buy hand over fist” dividend play because it couples a roughly 5% yield and sub‑12× forward P/E with resilient oil and gas cash flows and long-dated PPAs like the 1‑GW Google Texas solar deal.

The Independent UK

Oil giant tells Trump it’s ‘too expensive’ to reinvest in Venezuela despite president’s urging

The French multinational energy company had left Venezuela in 2022 but, along with others, faced pressure to return from Trump following the U.S. military operations to capture the ousted president Nicolas Maduro on January 3

AAP

More banks give $15b PNG gas project the cold shoulder

A total of 27 banks and credit agencies have committed not to provide financing for a proposed TotalEnergies-Santos LNG plant project in Papua New Guinea.

Cycling News

Étoile de Bessèges: Mathieu Kockelmann rushes ahead of Dylan Groenewegen to win stage 2 in photo finish

Matteo Moschetti third as peloton sweeps up breakaway rider in final 100 metres on rainy day

Cycling Weekly

Teams announced for 2026 Tour de France – Pinarello-Q36.5, Caja Rural and TotalEnergies make cut, Unibet Rose Rockets miss out

18 WorldTour teams, best three ProTeams of 2025 and two invited teams make up numbers

Cycling News

Tour de France 2026 teams and wildcards unveiled, with Spanish team picked for debut over popular Unibet Rose Rockets

Debut confirmed for Pinarello-Q36.5 but Caja Rural-Seguros RGA will line up in Barcelona as the final wildcard invitation after many expected Bas Tietema's team to get the nod

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