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The Trump administration will pay $ 1 billion to a France’s TotalEnergies to walk away from two U.S. offshore wind leases as the administration ramps up its campaign against offshore wind and other renewable energy. CBC | World News
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Biden issues ban on offshore oil and gas drilling in most U.S. waters
President Joe Biden is moving to ban new offshore oil and gas drilling in most U.S. coastal waters, a last-minute effort to block possible action by the incoming Trump administration to expand offshore drilling. CBC | World News
Read More »Prominent Republican, Democrat party donors connected to offshore holdings, Paradise Papers show
A leak of offshore records provides a glimpse into the finances of Republican and Democratic contributors – including a banking magnate who quietly held an ownership stake in an embattled payday lender. CBC | World News
Read More »Queen’s estate ‘not aware’ it held indirect offshore investment in stores accused of exploiting poor
Leaked documents from offshore law firm Appleby show that the Queen — through investments made by the monarch’s private estate, the Duchy of Lancaster — has held stakes in funds that operate in tax-free havens. CBC | World News
Read More »U.S. Commerce Secretary Wilbur Ross benefited from ties to Putin’s inner circle, offshore tax leak shows
U.S. Commerce Secretary Wilbur L. Ross Jr. has a stake in a shipping firm that receives millions of dollars a year in revenue from a company whose key owners include Russian President Vladimir Putin’s son-in-law and a Russian tycoon sanctioned by the U.S., newly leaked documents show. CBC | World News
Read More »Hurricane warnings for Florida fuel more evacuations as Irma looms offshore
The race to flee Hurricane Irma became a marathon nightmare as more than a half-million people were ordered to leave south Florida on Thursday. CBC | World News
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