News
23 April 2018

HSBC rules out financing controversial Keystone XL pipeline

In:
Oil & gas
Region:
Americas

HSBC has announced it will no longer provide project finance for new tar sands projects, including the construction of any tar sands pipelines. This policy would exclude HSBC from providing project financing for the Keystone XL and Line 3 Expansion pipelines - which are key to the expansion of the...

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