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Top News & Analysis North Dakota

  • "The one category that is growing is margin dilutive and its ultimate scalability remains unproven, at the same time management is suggesting it will drop price to move units," Instinet analyst Simeon Siegel wrote in a note. The brokerage cut its price target to $15 from $20, but maintained its "neutral" rating. Wells Fargo analysts said chances of Fossil's fortunes...

  • Joey Mahmoud, executive vice president of Texas- based Energy Transfer Partners, said protesters have "assaulted numerous pipeline personnel," destroyed millions of dollars' worth of construction equipment and even fired a pistol at law enforcement during months of demonstrations against the 1,200- mile pipeline, which will carry North Dakota oil to an...

  • VATICAN CITY, Feb 15- Pope Francis appeared on Wednesday to back Native Americans seeking to halt part of the Dakota Access Pipeline, saying indigenous cultures have a right to defend "their ancestral relationship to the earth." The Latin American pope, who has often strongly defended indigenous rights since his election in 2013, made his comments on protection...

  • VATICAN CITY— Pope Francis insisted Wednesday that indigenous groups must give prior consent to any economic activity affecting their ancestral lands, a view that conflicts with the Trump administration, which is pushing to build a $3.8 billion oil pipeline over opposition from American Indians. The Cheyenne River and the Standing Rock Sioux tribes have...

  • Feb 14- The Native American tribes looking to stop the Dakota Access pipeline asked a judge to find that the Army Corps violated federal regulations when it recently granted the last permit needed for the project to be finished, according to a Tuesday court filing. In a filing in U.S. District Court in Washington, Jan Hasselman, a lawyer with Earthjustice who...

  • Texas- based developer Energy Transfer Partners on Feb. 8 received approval from the Army to lay pipe under a Missouri River reservoir in North Dakota— the last remaining big section of the 1,200- mile pipeline that would move North Dakota oil to Illinois. The development was prompted by pro-energy President Donald Trump, pushed the Army to advance...

  • Feb 14- A controversial North Dakota bill that sought to shield motorists from liability if they unintentionally hit a protester on a roadway, injuring or killing them failed to garner enough support from lawmakers. A transportation committee had previously voted against the bill in part because of a "negative perception," that passing it could create,...

  • CARSON CITY, Nev.— Computer chips that store personal information and could be used to pinpoint someone's location could not be implanted in humans without consent under a bill Nevada state lawmakers weighed on Monday. Lawmakers on a judicial panel considered whether Nevada should join at least four other states in banning mandatory identification markers...

  • At a hearing, Judge James Boasberg of the U.S. District Court in Washington, D.C., rejected the request from the Standing Rock Sioux and Cheyenne River Sioux tribes, who argued that the project would prevent them from practicing religious ceremonies at a lake they contend is surrounded by sacred ground. The company needs to build a 1,100- foot connection in North...

  • NEW YORK, Feb 13- U.S. shale oil production for March is expected to rise by the most in five months to its highest rate since May last year, government data showed on Monday, as energy companies boost drilling on the back of crude prices that are hovering over $50 a barrel. March oil production is forecast to rise by nearly 79,000 barrels per day to 4.87 million bpd,...

  • Judge James Boasberg of the U.S. District Court in Washington, D.C., at a hearing, rejected the request from the Standing Rock Sioux and Cheyenne River Sioux tribes, who had argued that the project will prevent them from practicing religious ceremonies at a lake they say is surrounded by sacred ground. The company only needs to build a final 1,100- foot connection...

  • December 2014— Dallas- based Energy Transfer Partners applies to the federal government to build the 1,200- mile Dakota Access pipeline to carry North Dakota oil through the Dakotas and Iowa to an existing pipeline in Illinois. The proposed route skirts the Standing Rock Sioux tribe's reservation and crosses under Lake Oahe, a Missouri River reservoir in...

  • Judge James Boasberg of the U.S. District Court in Washington, D.C., at a hearing, rejected the request from the Standing Rock Sioux and Cheyenne River Sioux tribes, who had argued that the project will prevent them from practicing religious ceremonies at a lake they say is surrounded by sacred ground. The company only needs to build a final 1,100- foot connection...

  • Lawyers for the Cheyenne River Sioux and the Standing Rock Sioux will urge Judge James Boasberg in U.S. District Court in Washington, D.C. at 2:00 p.m. ET to block construction of the project with a temporary restraining order. The company only needs to build a final 1,100- foot connection in North Dakota under Lake Oahe, part of the Missouri River system, to...

  • The Cheyenne River and Standing Rock Sioux had asked a federal judge to temporarily stop pipeline developer Energy Transfer Partners from drilling under a Missouri River reservoir in North Dakota until the tribes' legal claims are resolved. The $3.8 billion pipeline is to move North Dakota oil to Illinois. American Indian activist Chase Iron Eyes says he's...

  • District Judge James Boasberg ruled after an hourlong hearing that as long as oil isn't flowing through the pipeline, there is no imminent harm to the Cheyenne River and Standing Rock Sioux tribes, which are suing to stop the project. The tribes requested the temporary injunction last week after Texas- based Energy Transfer Partners got federal permission to...

  • BISMARCK, N.D.— After a four-year review, the U.S. State Department on Friday said it does not believe there would be significant negative environmental impact from a Canadian company's plan to boost the capacity of an oil pipeline that crosses the U.S. border in northeastern North Dakota. Calgary, Alberta- based Enbridge Energy Partners asked the State...

  • District Judge James "Jeb" Boasberg is overseeing a lawsuit filed by the Standing Rock and Cheyenne River Sioux that could be their last hope of stopping the $3.8 billion pipeline to carry North Dakota oil to Illinois. That doesn't surprise Michael Kellogg, a law firm colleague of Boesberg's in the mid-1990s, or Virginia attorney Tim Heaphy, who once worked with...

  • NEW YORK, Feb 10- Wells Fargo& Co has created a team to develop artificial intelligence-based technology and appointed a lead for its newly combined payments businesses, as part of an ongoing push to strengthen its digital offerings. Wells Fargo's AI team will work on creating technology that can help the bank provide more personalized customer service...

  • Houston oilfield services company Baker Hughes Inc. said Friday that 591 rigs sought oil and 149 explored for natural gas this week. Texas increased by seven rigs, New Mexico was up by four rigs, Louisiana and West Virginia each gained two and Pennsylvania was up one. Alaska, Arkansas, California, Colorado, Kansas, North Dakota, Oklahoma and Utah were all unchanged.