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Top News & Analysis North Dakota

  • NEW YORK, Jan 24- U.S. The move comes after months-long protests by environmentalists and Native American groups in North Dakota against Energy Transfer Partners LP's $3.8 billion Dakota Access pipeline, which would bring crude oil from the state's Bakken oil patch through the Midwest and into the U.S. Gulf Coast. Under former president Barack Obama,...

  • CANNON BALL, N.D., Jan 21- A Sioux tribal council on Saturday formally asked hundreds of protesters to clear out of three camps near its North Dakota reservation used to stage months of sometimes violent protests against the proposed Dakota Access Pipeline. The Standing Rock Sioux Tribe on Friday unanimously passed a resolution calling for the camps to be...

  • Jan 20- Donald Trump, a big supporter of the U.S. oil, gas and coal industries, has promised to get to work quickly after being sworn in as president of the United States, raising expectations that he will sign a slew of executive orders. The problem is that attorneys general from states like New York and California, as well as environmental groups, would likely step...

  • Jan 20- Over a dozen landowners in North Dakota have filed a lawsuit against a company involved in the development of the Dakota Access Pipeline, charging they were misled into accepting unfair compensation for allowing the pipeline to cross their land, according to court documents. Dakota Access LLC used false statements to get some landowners in Morton...

  • Wells Fargo analyst Jennifer Fritzsche said in a note that both the DirecTV and wireless numbers were a "net positive," and the DirecTV Now additions appeared to be ahead of expectations. Shares of AT&T were up 1.3 percent at $41.55 in afternoon New York Stock Exchange trading. AT&T introduced DirecTV Now at prices ranging from $35 a month for more than 60 channels...

  • CANNON BALL, N.D., Jan 19- Tensions have increased this week near the construction site of the Dakota Access pipeline, with repeated clashes between protesters and police ahead of Friday's inauguration of President-elect Donald Trump, an unabashed fan of the $3.8 billion project. "It's closing in on the inauguration, and people want to make sure that their voices...

  • The bank also named Richard Yorke, who previously headed the international group, as chief operating officer for the wholesale banking business. Wells Fargo derives just 4 percent of its revenues from outside the United States. Wells Fargo now has operations in 42 countries and territories with close to 3,000 employees in Asia Pacific, Europe and the United...

  • Jan 18- The U.S. Army on Wednesday began the process of launching an environmental study of the Dakota Access pipeline crossing in North Dakota, a move that has been challenged by the company constructing the controversial project. The Army said on Wednesday it is gathering information to prepare an environmental impact statement regarding an easement to...

  • Jan 18- The U.S. Army on Wednesday began the process of launching an environmental study of the Dakota Access pipeline crossing in North Dakota, a move that has been challenged by the company constructing the controversial project. The Army said on Wednesday it is gathering information to prepare an environmental impact statement regarding an easement to...

  • HOUSTON, Jan 17- Energy Transfer Partners has filed a motion to bar the U.S. Army Corps of Engineers from initiating an environmental study for its controversial Dakota Access pipeline crossing at Lake Oahe in North Dakota. The Corps said it would publish a notice in the Federal Register on Wednesday stating its intent to prepare an environmental impact...

  • NEW YORK, Jan 17- U.S. shale production is set to snap a three-month decline in February, the U.S. government said on Tuesday, as energy firms boost drilling activity with crude prices hovering near 18- month highs. In the Permian Basin in West Texas and eastern New Mexico, output is set to rise by 53,000 bpd to 2.180 million bpd, the data showed. U.S. crude futures were...

  • NEW YORK, Jan 17- U.S. shale oil production is expected to rise by 41,000 barrels per day in February to 4.748 million bpd as energy firms boost drilling with crude prices near 18- month highs, according to data from the U.S. Energy Information Administration on Tuesday. Permian output in West Texas and eastern New Mexico is set to rise by 53,000 bpd to 2.180 million...

  • MIDLAND, Texas, Jan 17- Exxon Mobil Corp said on Tuesday it will pay up to $6.6 billion to double its holdings in the Permian Basin of west Texas and New Mexico, the largest oil field in the United States. Exxon is exchanging an initial $5.6 billion in stock for leases covering roughly 275,000 acres from the Bass family of Fort Worth, Texas. Most of the wells to be drilled...

  • LONDON, Jan 17- U.S. petroleum producers are looking forward to better times in 2017 as the industry has passed the low-point in the cycle and embarked on the road to renewed expansion. U.S. oil output was essentially flat between July and October 2016, after sliding between April 2015 and June 2016. More than half of all the new rigs have been added in the Permian...

  • The site of the $3.8 billion project in southern North Dakota had been the scene of demonstrations by Native Americans and environmentalists, who say the pipeline would damage sacred lands and any leaks could pollute the water supply of the Standing Rock Sioux tribe. But in early December the U.S. Army Corps of Engineers denied a key easement needed to allow the...

  • *BofA, Wells Fargo, JPMorgan post profit above estimates. Jan 13- An increase in Facebook pushed the Nasdaq to a record high on Friday, and the S&P 500 also rose after major U.S. banks kicked off the fourth-quarter earnings season with strong results. Wall Street has surged since President-elect Trump's unexpected election victory on optimism he will cut...

  • The San Francisco- based bank has been dealing with multiple lawsuits and a sharp drop in account openings after it settled with the Los Angeles City Attorney, the U.S. Comptroller of the Currency and the Consumer Financial Protection Bureau in September over charges that its employees created as many as 2 million accounts without customers' consent.

  • *BofA, Wells Fargo, JPMorgan post profit above estimates. Jan 13- The S&P 500 rose on Friday after major U.S. banks kicked off the fourth-quarter earnings season with strong results, helping fuel confidence about a recent market rally. Wall Street has surged since President-elect Trump's unexpected election victory on optimism he will cut corporate taxes, spend...

  • The San Francisco- based bank has been dealing with multiple lawsuits and a sharp drop in account openings after it settled with the Los Angeles City Attorney, the U.S. Comptroller of the Currency and the Consumer Financial Protection Bureau in September over charges that its employees created as many as 2 million accounts without customers' consent.

  • The San Francisco- based bank has been dealing with multiple lawsuits and a sharp drop in account openings after it settled with the Los Angeles City Attorney, the U.S. Chief Executive Timothy Sloan- who took over after John Stumpf resigned in the wake of the scandal- said he was pleased with the progress the bank has made in customer remediation, as well as its...