Campaigners to pressurise US insurance firm to withdraw from Ugandan oil pipeline project

Stop EACOP campaigners will on Tuesday, May 9, 2023, hold coordinated online and offline actions in London, Paris, New York, Brussels, Madrid, Tokyo and Kampala, targeting US insurance giant Marsh McLennan offices.

Standard Chartered opts out of financing controversial $5bn Ugandan oil pipeline

Standard Chartered Plc has announced that it will not finance the East African Crude Oil Pipeline (EACOP) project. The decision, which follows mounting pressure from the StopEACOP campaign, is particularly significant as the bank had previously confirmed that it was undertaking due diligence on financing the $5 billion project.