Greenpeace faces $345m payment order in Dakota Access protest case [Yahoo! Finance]
Energy Transfer LP Common Units (ET)
Last energy transfer lp common units earnings: 2/19 04:10 pm
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Source: Yahoo! Finance
North Dakota Judge James Gion said he plans to order Greenpeace to pay expected total damages of $345m to Energy Transfer in a case connected to protests over the Dakota Access oil pipeline. Court filings indicate he would sign an order requiring various Greenpeace organisations to pay the judgment to the midstream company. The judge fixed damages at $345m last year, cutting the jury's award by roughly 50%, although the most recent filing did not state a final figure. The order is expected to trigger appeals to the North Dakota Supreme Court by both sides. The Dakota Access Pipeline is an underground crude oil pipeline stretching around 1,168 miles (1,880km), with a 30in diameter. The pipeline carries light, sweet crude oil from the Bakken/Three Forks Play in North Dakota, South Dakota and Iowa to Illinois. The case arises from protests in 2016–17, when thousands gathered and set up camps near the pipeline's Missouri River crossing upstream of the Sioux Tribe's Standing Roc
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- Legal Win Over Greenpeace Refocuses Energy Transfer On Valuation And Cash Flows [Yahoo! Finance]Yahoo! Finance
- Sunoco buys 48 retail sites around New York City [Yahoo! Finance]Yahoo! Finance
- Judge finalizes $345M verdict against Greenpeace in Energy Transfer case [Seeking Alpha]Seeking Alpha
- What Makes Energy Transfer LP (ET) Appear so Attractive [Yahoo! Finance]Yahoo! Finance
- 6 High-Yield Energy Stocks Paying Up To 14.8% [Forbes]Forbes
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