Investors show money talks on Dakota Access Pipeline

Global investors have called on banks financing the Dakota Access Pipeline to support rerouting it. A coalition of more than 130 investors representing around $685 billion (£551.2bn) in assets want financial institutions to address the Standing Rock Sioux Tribe’s request to move the planned pipeline outside of their treaty territory. They hope to reach a peaceful solution that’s acceptable to all parties. Lead investor Boston […]

Pipeline protestors compared to terrorists

The Vice President of the company behind the Dakota Access pipeline has compared protestors to terrorists. Texas-based Energy Transfer’s Joey Mahmoud says protesters have “assaulted numerous pipeline personnel,” destroyed millions of dollars’ worth of construction equipment and even fired a pistol at police during months of demonstrations against the 1,200-mile pipeline. Mr Mahmoud said: “Protests induced individuals […]

US Army denies North Dakota Pipeline permit

The US Army has announced it will not grant a permit for the North Dakota Access Pipeline crossing. In a statement, it said it will not allow an oil pipeline to cross under Lake Oahe on land it controls in North Dakota, which has been welcomed by protesters. Assistant Secretary for Civil Works Jo-Ellen Darcy […]