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North Dakota

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  • Feb 25- JPMorgan Chase& Co, the largest U.S. bank, announced thousands of job cuts on Tuesday as the mortgage lending business slows, and said it was lowering its profitability target.

  • WASHINGTON, Feb 25- Shippers moving crude oil by rail out of North Dakota's Bakken energy patch must test the fuel for dangerous volatility before loading it onto the tracks, the U.S. Department of Transportation said on Tuesday.

  • WASHINGTON, Feb 25- Companies moving crude oil by rail must test the volatility of fuel out of North Dakota's Bakken oilfields before it is moved onto the tracks, the U.S. Department of Transportation said on Tuesday.

  • Feb 25- Rapid growth in moving oil by train in the United States, coupled with a spate of fiery crashes and derailments, has prompted U.S. regulators and railroads to consider new safety measures this year.

  • TORONTO, Feb 25- Canadian coffee and doughnut chain Tim Hortons Inc said on Tuesday that it will open at least 800 new restaurants over the next five years under a strategic plan to secure its dominance in Canada and boost returns in the United States.

  • LONDON, Feb 25- U.S. railroad operators have agreed new safety procedures to reduce the number of fiery derailments involving crude-carrying trains and cut the risk of a catastrophic explosion in a densely populated urban centre.

  • WASHINGTON, Feb 21- Many oil-by-rail shipments will slow down through urban areas and track inspections will increase on high-traffic areas in response to a string of fiery derailments in the last several months, the American Association of Railroads said on Friday.

  • Feb 21- Exxon Mobil Corp, the world's largest publicly traded oil company, said on Friday its crude oil and natural gas reserves rose slightly in 2013, lifted by projects in U.S. shale fields and Abu Dhabi.

  • LONDON, Feb 21- Personnel shortages at the U.S. Department of the Interior are causing delays in issuing oil and gas drilling permits as well as missed targets for important oversight work, according to a government performance audit.

  • HOUSTON/ NEW YORK, Feb 20- BNSF Railway Co plans to move into tank car ownership and buy its own fleet of up to 5,000 new crude oil tank cars with safety features that exceed the latest industry standards, the unit of investor Warren Buffett's Berkshire Hathaway Inc said on Thursday.

  • Buffett's BNSF buying up to 5,000 safer railcars Thursday, 20 Feb 2014 | 11:45 AM ET
    A BNSF Railway Company train.

    BNSF Railway plans to buy its own fleet of up to 5,000 new crude oil tank cars with safety features that exceed the latest industry standards.

  • HOUSTON, Feb 20- BNSF Railway Co plans to buy its own fleet of up to 5,000 new crude oil tank cars with safety features that exceed the latest standards adopted by the industry more than two years ago, the unit of investor Warren Buffett's Berkshire Hathaway Inc said on Thursday.

  • As one of the world's largest makers of consumer food products, the Minneapolis- based company has hefty buying power in the marketplace for corn, soy, sugar, oats, and other commodities needed for its packaged food products.

  • WASHINGTON/ MEXICO CITY, Feb 17- North America's three leaders will discuss a controversial pipeline project that would transport Canadian crude deep into the United States at a trade summit this week, Mexico's top diplomat said on Monday, adding he does not see it as a competitive threat.

  • VANCOUVER, Feb 14- A Canadian government-backed review of the type of rail car involved in last year's deadly Lac-Megantic crash found that industry, regulators and shippers could do more to ensure the safety of the cars that carry crude across North America.

  • CALGARY/ TORONTO, Feb 14- Canadian Pacific Railway Ltd is slapping a surcharge on customers who transport crude in older tank cars, following its larger rival in seeking to deter shippers from using the model involved in a series of fiery crashes.

  • NEW YORK, Feb 13- A 120- car Norfolk Southern Corp train carrying heavy Canadian crude oil derailed and spilled in western Pennsylvania on Thursday, adding to a string of recent accidents that have prompted calls for stronger safety standards.

  • NEW YORK, Feb 13- A Norfolk Southern Corp train carrying crude oil derailed in Vandergrift in western Pennsylvania on Thursday, the company confirmed. The train, that was heading from Pittsburgh to Philadelphia, was mainly carrying crude oil but included one car containing propane gas, a Norfolk Southern spokesman said.

  • WASHINGTON, Feb 11- Dozens of Republican senators on Tuesday called on the White House to approve the Keystone XL pipeline as foes vowed to risk arrest at protests against the controversial project.

  • SAN FRANCISCO, Feb 10- California fracking opponents aiming to stop development of massive state oil reserves are focusing their drive this year around the state's record-breaking drought, arguing oil production would suck sorely needed water from farms and homes.