Biden cancels offshore oil lease sales in Gulf Coast, Alaska

By Matthew Daly in Washington WASHINGTON (AP) — The Biden administration says it is canceling three oil and gas lease sales scheduled in the Gulf of Mexico and off the coast of Alaska, removing millions of acres from possible drilling as U.S. gas prices reach record...

Scotiabank no longer a member of oil and gas lobby group CAPP

By Amanda Stephenson in Calgary Scotiabank has chosen not to renew its long-running membership in the Canadian Association of Petroleum Producers, a move that comes at a time when financial institutions are facing growing scrutiny for their role in contributing to...