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Montana

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  • BILLINGS, Mont.— Oil pipeline accidents have become increasingly frequent in the U.S. as Congress pushes for approval of the Keystone XL pipeline— a project that would pass near the spot where 30,000 gallons of crude spilled into Montana's Yellowstone River earlier this month. Yet in the politically charged debate over Keystone, its detractors aren't the only...

  • First Interstate BancSystem posts 4Q profit Tuesday, 27 Jan 2015 | 5:39 PM ET

    BILLINGS, Mont. _ First Interstate BancSystem Inc. on Tuesday reported fourth-quarter earnings of $22.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share. First Interstate BancSystem shares have decreased 10 percent since the beginning of the year.

  • WASHINGTON, Jan 27- Supermarket chains Albertsons and Safeway agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said on Tuesday. Albertsons, which has 630 supermarkets under various brand names, and Safeway, which has 1,332 stores, will divest stores in Arizona, California, Montana,...

  • WASHINGTON, Jan 27- Supermarket chains Albertsons and Safeway agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said on Tuesday. Albertsons, which has 630 supermarkets under various brand names, and Safeway, which has 1,332 stores, will divest stores in Arizona, California, Montana,...

  • WASHINGTON, Jan 27- Supermarket chains Albertsons and Safeway agreed to sell 168 stores in eight states to win U.S. antitrust approval for their $9.2 billion merger, the Federal Trade Commission said on Tuesday. Albertsons, which has 630 supermarkets under various brand names, and Safeway, which has 1,332 stores, will divest stores in Arizona, California, Montana,...

  • Montana oil spill estimate lowered to 30,000 gallons Monday, 26 Jan 2015 | 2:40 PM ET

    BILLINGS, Mont.— Authorities have lowered to 30,000 gallons their estimate of the amount of oil that spilled from a broken pipeline beneath the Yellowstone River in eastern Montana. U.S. Environmental Protection Agency spokeswoman Wendy Thomi said Monday that owner Bridger Pipeline of Casper, Wyoming, had recovered about 20,000 gallons of crude left in the...

  • WATFORD CITY, N.D.— Police chief Art Walgren knew how much the oil boom had changed this once-sleepy town when he spotted something that would have been unheard of not long ago: license plates from Sinaloa, Mexico, home to one of the world's most violent drug cartels. Before, there was little chance police would see cars here from nearly 2,000 miles away.

  • BILLINGS, Mont.— Federal officials have issued a $1 million penalty against Exxon Mobil Corp. for safety violations stemming from a pipeline rupture in 2011 that spilled 63,000 gallons of crude into Montana's Yellowstone River. Safety regulators said in part that Exxon Mobil had failed to adequately heed warnings that its 20- year-old Silvertip Pipeline...

  • The order comes after Bridger Pipeline of Casper, Wyoming, announced plans to bury its line deeper beneath the Yellowstone to protect against future accidents. The Department of Transportation order would make that improvement mandatory and require identical action where the line runs beneath the Poplar River in northeast Montana. The Yellowstone is a...

  • BILLINGS, Mont.— A second large oil spill into Montana's Yellowstone River in less than four years is reviving questions about oversight of the nation's aging pipeline network. Keystone would cross the Yellowstone roughly 20 miles upstream of the Poplar Pipeline spill. In 2011, an ExxonMobil pipeline break spilled 63,000 gallons of oil during flooding on the...

  • HOUSTON, Jan 21- Leading U.S. pipeline Kinder Morgan Inc said on Wednesday it will enter North Dakota's Bakken shale with a $3 billion acquisition of Hiland Partners, a pipeline and logistics company founded by Continental Resources Chief Executive Officer Harold Hamm. "The Bakken is the one producing basin in which Kinder Morgan doesn't have a large presence,"...

  • WASHINGTON, Jan 21- Most U.S. states expect to hit their revenue targets this fiscal year, but at least six states say they could fall short, the National Conference of State Legislatures said on Wednesday. Alaska, Arizona, Kentucky, Massachusetts, Michigan, and Vermont all expect to miss their revenue forecasts, according to the report. New Mexico and Indiana are...

  • NEW YORK, Jan 21- Responders recovered 240 barrels of oil from a breached pipeline in Montana, despite icy conditions that were slowing down efforts, the Environmental Protection Agency and Bridger Pipeline LLC said Wednesday. The 42,000 barrel-per-day Poplar pipeline system gathers crude from producers in eastern Montana and North Dakota.

  • Kinder Morgan names Kean CEO to succeed Richard Kinder Wednesday, 21 Jan 2015 | 5:31 PM ET

    HOUSTON— Kinder Morgan Inc. said Wednesday that its founder Richard Kinder will step down as CEO in June and serve as chairman of the company. Kinder Morgan announced separately that it is acquiring oil and gas processing company Hiland Partners in a deal worth $3 billion, including roughly $1 billion in debt. Kinder Morgan says the purchase will give it access...

  • Kinder Morgan acquires Hiland Partners Wednesday, 21 Jan 2015 | 5:11 PM ET

    HOUSTON— Kinder Morgan says it is acquiring oil and gas processing company Hiland Partners in a deal worth $3 billion, including roughly $1 billion in debt. Kinder Morgan says the deal will give it access to some of the Bakken's most attractive and economically viable areas. Kinder Morgan says the acquisition will add modestly to its cash available to pay...

  • HOUSTON, Jan 21- Leading pipeline company Kinder Morgan Inc will buy Hiland Partners, a pipeline and logistics company founded by Continental Resources Inc Chief Executive Officer Harold Hamm, for $3 billion, the company said on Wednesday. Hiland Partners builds and operates oil gathering and transportation pipelines and natural gas gathering and...

  • Kinder Morgan to buy Hiland Partners for $3 billion Wednesday, 21 Jan 2015 | 4:31 PM ET

    HOUSTON, Jan 21- Kinder Morgan Inc will buy Hiland Partners, a pipeline and logistics company founded by Continental Resources Inc Chief Executive Officer Harold Hamm, for $3 billion, the company said on Wednesday. Hiland Partners builds and operates oil gathering and transportation pipelines and natural gas gathering and processing systems primarily in...

  • Montana oil spill renews worries over pipeline safety Wednesday, 21 Jan 2015 | 2:50 AM ET

    GLENDIVE, Mont.— Authorities were scrambling to decontaminate a water treatment plant serving 6,000 eastern Montana residents after a cancer-causing component of oil was found downstream of a Yellowstone River pipeline spill. As residents of Glendive lined up at a distribution center to receive bottled water, officials took initial steps Tuesday to...

  • Roger Webb, R- Billings, introduced Senate Bill 125 Monday in the House Public Health, Welfare and Safety Committee. Ellie Hill, D- Missoula, seeks to require parental consent before minors may use tanning beds in House Bill 130, which she introduced in the House Judiciary Committee last week. Hill said she, too, believed Webb's ban could pass out of the Senate...

  • LINCOLN, Neb.— The developer of the Keystone XL oil pipeline made good on its promise Tuesday to try to seize access to the Nebraska land it needs to finish the project— the first steps it's taken since the state's high court removed a major legal barrier. TransCanada employees said the company filed legal papers in nine Nebraska counties to invoke eminent domain...