Indigenous Group Pours C$1B Into Keystone XL

Indigenous Group Pours C$1B Into Keystone XL

OilPrice.com

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A Canadian indigenous group has struck a deal with TC Energy to invest some $763. 77 million (C$1 billion) in the controversial Keystone XL, which Joe Biden has said he would stop when he enters office as president. The group, Natural Law Energy, comprises several First Nations and will receive a share of the pipeline's profits in exchange for the investment, according to its chief executive Travis Meguinis in a press release. Other details of the deal were not disclosed, including where the money will come from. "Natural Law Energy has used the…

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