Construction & Megaprojects
Representatives of some 280 indigenous nations have joined a protest on the Standing Rock Sioux reservation in North Dakota to oppose the construction of an oil pipeline by Energy Transfer Partners. If completed, the Dakota Access Pipeline is expected to help move 570,000 barrels of crude daily to Illinois.
Shell's plans to drill for oil in the Arctic's Chukchi Sea have been handed a major setback by a U.S appeals court which ruled that the Department of the Interior had underestimated the potential environment impact. The courts ordered the federal government to do a new assessment.
William J. Lynn, the man nominated to be the Pentagon's second-in-command could make a half-million dollars next month with vested stock he earned as a lobbyist for military contractor Raytheon. This is despite an Obama administration order against "revolving door" lobbyists who become public officials.
Caterpillar - one of the world's largest maker of construction and mining equipment - used a subsidiary in Switzerland to avoid paying $2.4 billion in taxes over a period of 13 years, according to a new U.S. Senate report titled 'Caterpillar's Offshore Tax Strategy.'
One billion dollars and just over four years after Boeing won a contract to build a "virtual fence" on the Arizona-Mexico border, the high-tech project was canceled last week by the Department of Homeland Security (DHS) amid widespread recognition that it has been a failure.
In what is expected to be the first of a series of criminal charges against officials and contractors overseeing the rebuilding of Iraq, an American has been charged with paying hundreds of thousands of dollars in bribes and kickbacks to American occupation authorities and their spouses to obtain construction contracts, according to a complaint unsealed late yesterday.
Almost four years after the toppling of Saddam Hussein, Iraq's healthcare system is still a shambles. While most hospitals lack basic supplies, dozens of incomplete clinics and warehoused high-technology equipment remain as a testament to the failed U.S. experiment to reconstruct of Iraq. First in a series of CorpWatch articles.