BP to sell U.S. onshore assets to help fund BHP asset purchase. Plus, the Canadian government is giving its struggling oil sector a boost.
The Trans Mountain expansion is opposed by some indigenous groups but supported by others, who see it as a chance for indigenous people to benefit from Canada’s resources.
Voters in Colorado, Washington and Arizona this week rejected efforts to curb oil and gas usage, but new battles loom. Also, Vantage Energy agreed to buy QEP Resources’ Williston Basin foothold.