ocean projects

Latest news and articles about ocean projects from NEX English

French energy giant TotalEnergies pulls out of ocean solar projects

TotalEnergies, a French energy company, has announced its withdrawal from solar energy projects in the oceans, opting instead to invest in oil and gas projects. The decision comes after US President Donald Trump unveiled new policies aimed at supporting the US oil and gas industry. The company plans to invest $928 million in oil and gas projects, producing 4 gigawatts of energy.