Energy Transfer Partners (ETP -1.5%) says it expects to receive federal approval soon to complete the Dakota Access oil pipeline following Sunday's federal appeals court ruling that reaffirmed a lower court decision in September denying an injunction sought by the Standing Rock Sioux tribe.
The lead company building the controversial project says it is confident that the only remaining approval it needs - a permit to allow the pipeline to cross the Missouri River - will be granted soon by the Army Corp of Engineers.
ETP says the latest ruling frees it to continue building the pipeline in an area extending 20 miles on either side of the Missouri River.
Now read: Energy Transfer: So Close! »
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