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Top News & Analysis North Dakota

  • POLICE CONFRONT PROTESTORS AT DAKOTA ACCESS PIPELINE CONSTRUCTION SITE IN NORTH DAKOTA- REUTERS WITNESS.

  • Nov 10- Wells Fargo& Co Chief Executive Officer Tim Sloan told workers on Thursday the bank was changing the handling of whistleblower complaints after allegations it retaliated against employees who called an ethics hotline to report sales abuses. Sloan announced the change to a gathering of about 2,000 employees in Des Moines, Iowa, as part of a "...

  • HOUSTON, Nov 10- Energy Transfer Partners on Thursday said an easement from the Army Corps of Engineers to drill under Lake Oahe will unlock an additional $1.4 billion in financing for its Dakota Access Pipeline. The company has already drawn $1.1 billion from its $2.5 billion credit facility but needs the easement, a right to use the property without...

  • Nov 9- The surprising victory by Native American and environmental groups in September to delay the Dakota Access Pipeline may turn out to be short-lived, after Donald Trump's unexpected win in the U.S. presidential election. That project, which would pump oil from Canada through Nebraska, was rejected in 2014 by the Obama administration.

  • NEW YORK/ LONDON, Nov 9- Two days ago, pollsters and statisticians gave Hillary Clinton odds of between 75 and 99 percent of winning the U.S. presidential election. How did so many get it so wrong? These polls actually got the big picture right: Clinton won more overall votes than President-elect Donald Trump- but not by as much as the polling averages predicted, and not...

  • December 2014 Energy Transfer Partners applies to build a 1,172 mile, 570,000 barrel-per-day pipeline to deliver crude oil from North Dakota's Bakken shale fields to Patoka, Illinois, crossing South Dakota and Iowa to the North Dakota Public Service Commission, kicking off a year of public hearings in the state. July 25 The U.S. Army Corps of Engineers approved...

  • That project would pump oil from Canada through Nebraska and was rejected in 2014 by the Obama Administration. The 1,172- mile line was planned to run from North Dakota's Bakken shale region to Illinois, but protests from environmental activists and the Standing Rock Sioux Tribe of North Dakota galvanized the Obama Administration to delay construction to...

  • Nov 9- The U.S. energy industry on Wednesday reveled in Republican Donald Trump's presidential victory, expecting him to advocate for more oil and gas output and to cut red tape holding back billions of dollars of investment in new projects. "We intend to work constructively with the president-elect and his administration," said Exxon spokesman Alan Jeffers.

  • NEW YORK, Nov 9- NARL Refining notified employees Wednesday of plans to shed up to 130 jobs at its Come By Chance refinery in Newfoundland, Canada, sources said, the latest refiner along the Atlantic Coast to undergo painful belt-tightening amid weak margins. "They remain the most vulnerable," said Sarah Emerson, a managing principal at ESAI Energy LLC.

  • NEW YORK, Nov 9- NARL Refining notified employees Wednesday of plans to shed up to 130 jobs at its Come By Chance refinery in Newfoundland, Canada, the latest refiner along the Atlantic Coast to undergo painful belt-tightening amid weak margins. "They remain the most vulnerable," Sarah Emerson, a managing principal at ESAI Energy LLC. Philadelphia Energy Solutions,...

  • Nov 9- The U.S. energy industry on Wednesday reveled in Republican Donald Trump's presidential victory, expecting him to be a strong advocate for more oil and gas output and to cut red tape that has held back billions of dollars of investment in new projects. The world's largest energy market saw a boom in oil and gas output under Democratic President Barack...

  • Nov 9- California voters on Tuesday approved significant tax increases on cigarettes and vaping devices, but similar measures fell short in Colorado, North Dakota and Missouri. He said that California, which recently raised the smoking age to 21, could inspire other states to pass similar laws. Reynolds Tobacco and Altria- spent at least $90 million to defeat...

  • NEW YORK, Nov 7- A deal struck in 2012 to save the U.S. East Coast's oldest and largest refinery seemed to have all of the right elements for success: private investors, big oil and taxpayer funding, and the promise of a private-public partnership that would help job growth and consumers. A sharp decline in the price of oil sourced in North Dakota has hammered profits...

  • Quarterly net income for Omaha, Nebraska- based Berkshire fell to $7.2 billion, or $4,379 per Class A share, from $9.43 billion, or $5,737 per share, a year earlier. Operating profit, which excludes investment and derivative gains and losses, rose 7 percent to $4.85 billion, or $2,951 per share, from $4.55 billion, or $2,769 per share. Results included a $1.6 billion...

  • Quarterly net income for Omaha, Nebraska- based Berkshire fell to $7.2 billion, or $4,379 per Class A share, from $9.43 billion, or $5,737 per share, a year earlier. Operating profit, which excludes investment and derivative gains and losses, rose 7 percent to $4.85 billion, or $2,951 per share, from $4.55 billion, or $2,769 per share. This year's results included a $1.6...

  • Quarterly net income for Omaha, Nebraska- based Berkshire fell to $7.2 billion, or $4,379 per Class A share, from $9.43 billion, or $5,737 per share, a year earlier. Operating profit rose 7 percent to $4.85 billion, or $2,951 per share, from $4.55 billion, or $2,769 per share, but fell short of the average $3,058.10 per share forecast of analysts polled by Thomson...

  • In a letter to Wells Fargo Chief Executive Tim Sloan, Senators Elizabeth Warren, Ron Wyden and Robert Menendez questioned the bank's disclosures about those employees' dismissals in required regulatory filings. The employees who were fired worked for Wells Fargo's retail bank but were licensed by the Financial Industry Regulatory Authority, a Wall Street...

  • In a letter to Wells Fargo Chief Executive Tim Sloan, Senators Elizabeth Warren, Ron Wyden and Robert Menendez questioned the bank's disclosures about those employees' dismissals in required regulatory filings. The letter is the first indication that customers of the brokerage business, known as Wells Fargo Advisors, may also have been affected.

  • Nov 3- Pennsylvania Treasurer Timothy Reese said on Thursday that he suspended Wells Fargo& Co from any treasury investment or trading activities in the state for a year because of its "fraudulent" accounts scandal. The Pennsylvania Treasury said it will continue to monitor the situation and may re-evaluate the bank's status if it showed progress in reforming...

  • Nov 3- Wells Fargo& Co's CEO Tim Sloan said on Thursday a comprehensive review of the bank's sales practices would be done' relatively quickly' and unveiled a series of immediate changes at the bank's retail unit under new division boss Mary Mack. It is also ramping up marketing efforts after having slowed them in the wake of the problems, Mack told an industry...