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Top News & Analysis North Dakota

  • Jan 31- Acting Secretary of the Army Robert Speer has directed the Army Corps of Engineers to proceed with the easement needed to complete the Dakota Access Pipeline, U.S. Senator John Hoeven of North Dakota said in a statement on Tuesday. "This will enable the company to complete the project, which can and will be built with the necessary safety features to protect...

  • Jan 30- A jury was selected in Washington state on Monday in the first trial over a coordinated protest that disrupted the flow of millions of barrels of crude oil into the United States, a proceeding activists hope will serve as a referendum on climate change. "I am going to talk a little bit about climate science" during the trial in Skagit County Superior Court,...

  • Jan 30- Jury selection was set to begin in Washington state on Monday in the first trial stemming from a coordinated protest that disrupted the flow of millions of barrels of crude oil into the United States, a proceeding activists hope will serve as a referendum on climate change. "I am going to talk a little bit about climate science" during the trial in Skagit...

  • NEW YORK, Jan 27- Investors have rushed back into North American pipelines after U.S. Investor confidence in the industry was shaken last year when the administration of former President Barack Obama halted the $3.8 billion Dakota Access Pipeline, just as Energy Transfer Partners had nearly finished building it. A year earlier, Obama rejected TransCanada...

  • HOUSTON/ NEW YORK, Jan 27- As with many industries now fretting over the uncertain future of U.S. trade policy, the oil business is sizing up the potential impact of the various protectionist measures being bandied about Washington- which have sent crude markets into a tizzy. That would spark a rise in fuel costs across the country that would hurt East and West Coast...

  • FORT BERTHOLD, North Dakota, Jan 27- When the U.S. oil boom hit North Dakota a decade ago, wells sprang up quickly on the edges of the Fort Berthold Indian Reservation, an expanse of prairie and rolling hills three times larger than Los Angeles. "The reservation looked like the hole of a donut," said Marcus Levings, who was chairman of Mandan, Hidatsa and Arikara Nation's...

  • WASHINGTON, Jan 27- As some Native American tribes renew their push for more control over the natural resources on their lands, they will also urge Congress and President Donald Trump to prohibit state taxation of energy and resource development on reservations. "Dual taxation is an impediment to development," MHA Nation Chairman Mark Fox said in an interview...

  • FORT BERTHOLD, North Dakota, Jan 27- When the U.S. oil boom hit North Dakota a decade ago, wells sprang up quickly on the edges of the Fort Berthold Indian Reservation, an expanse of prairie and rolling hills three times larger than Los Angeles. "The reservation looked like the hole of a donut," said Marcus Levings, who was chairman of Mandan, Hidatsa and Arikara Nation's...

  • WASHINGTON, Jan 27- As some Native American tribes renew their push for more control over the natural resources on their lands, they will also urge Congress and President Donald Trump to prohibit state taxation of energy and resource development on reservations. "Dual taxation is an impediment to development," MHA Nation Chairman Mark Fox said in an interview...

  • NEW YORK, Jan 25- BNSF Railway Co will start offering discounts to ethanol shippers this April if they agree to use new, safer train cars, as it pushes to scrub puncture-prone ones from its rail lines at a faster pace than required by U.S. regulations. There were 35,252 tank cars hauling ethanol in September, and 84 percent, or 29,597, were DOT 111 s, according to the...

  • Shares of New York- based Hess fell about 0.7 percent to $57.12 in morning trading, in line with a dip in oil prices. Gulf of Mexico, Thailand and Guyana. Net loss attributable to Hess in the fourth quarter of 2016 widened to $4.89 billion, or $15.65 per share, from $1.82 billion, or $6.43 per share, a year earlier.

  • Hess plans to spend a bulk of its $2.25 billion budget for the year on shale drilling in North Dakota's Bakken field. The company said on Wednesday its offshore project at the North Malay Basin in the Gulf of Thailand would come online in 2017, with its Stampede oil and gas development in the Gulf of Mexico starting up in 2018.. Net loss attributable to Hess widened...

  • President Donald Trump issued a pair of memoranda to several agencies paving the way to revive Keystone XL, which would bring oil from Canada, and Dakota Access, a nearly completed pipeline which had sought to build under a lake near a Native American reservation in North Dakota. "Presidents are by and large entitled to take their agencies in a different...

  • Oil producers in Canada and North Dakota are expected to benefit from a quicker route for crude oil to U.S. Gulf Coast refiners. Before taking office he said the Dakota pipeline should be completed and that he would revive the C $8 billion Keystone XL project, which was rejected in 2015 by then-President Barack Obama. Even though Canada is already the biggest...

  • Oil producers in Canada and North Dakota are expected to benefit from a quicker route for crude oil to U.S. Gulf Coast refiners. Before taking office he said the Dakota pipeline should be completed and that he would revive the C $8 billion Keystone XL project, which was rejected in 2015 by then-President Barack Obama. Even though Canada is already the biggest...

  • CANNON BALL, N.D., Jan 24- Tribal leaders protesting the construction of a controversial North Dakota pipeline vowed on Tuesday to fight U.S. Trump's order instructed the Army and the Army Corps of Engineers to review the decision. "I'm staying here," Benjamin Buffalo, a 45- year-old Blackfeet tribal member from Browning, Montana, told a reporter. "

  • Oil producers in Canada and North Dakota are expected to benefit from a quicker route for crude oil to U.S. Gulf Coast refiners. Before taking office he said the Dakota pipeline should be completed and that he would revive the C $8 billion Keystone XL project, which was rejected in 2015 by then-President Barack Obama. Even though Canada is already the biggest...

  • The decision comes after the Wall Street Journal reported on the advance notice, describing how it gave employees time to cover up problematic sales practices by shredding documents and forging signatures. Mary Eshet, a spokeswoman for the third-largest U.S. bank by assets, confirmed that Wells Fargo will halt the practice. The $190 million settlement,...

  • While oil producers in Canada and North Dakota are expected to benefit from a quicker route for crude oil to U.S. Gulf Coast refiners, going ahead with the projects would mark a bitter defeat for Native American tribes and climate activists, who vowed to fight the decisions through legal action. The application will be reviewed by the U.S. State Department, which...

  • The U.S. Army Corps of Engineers in December turned down the request for an easement for the Dakota Access Pipeline to build under the Missouri River. December 2014 Energy Transfer Partners LP applies to the North Dakota Public Service Commission to build a 1,172- mile, 570,000- barrel-per-day pipeline to deliver crude oil from North Dakota's Bakken shale...