Top News & Analysis North Dakota

  • ANCHORAGE, Alaska, Dec 9- Alaska North Slope oil production has slipped below 500,000 barrels per day and will decline further in coming years, squeezing the state's budget until new oil fields start operating, according to the latest forecast released by the state Department of Revenue. "These developments are still contingent on final investment decisions...

  • Dec 6- Halliburton Co is laying off employees at its Bakersfield plant in California in its latest round of job cuts this year, as the U.S. oilfield services firm struggles with falling profits amid slowing oil and gas activity. Earlier in October, the company cut 650 jobs across Colorado, Wyoming, New Mexico and North Dakota. In 2019, more than 50 frac spreads- or a set...

  • Dec 4- A top U.S. banking regulator has rebuked Wells Fargo& Co's human resources department for what it called the bank's backlog of employee complaints and compensation structures, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. In a July letter, the Office of the Comptroller of the Currency laid out a lengthy to-do list...

  • Dec 4- A top U.S. banking regulator has rebuked Wells Fargo& Co's human-resources department, citing backlog of employee complaints and compensation structures, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. In a July letter, the Office of the Comptroller of the Currency laid out a lengthy to-do list for the bank's HR...

  • Dec 2- Wells Fargo& Co said on Monday Scott Powell will become chief operating officer, the second external recruit to join the top ranks since Chief Executive Charles Scharf took over six weeks ago. Powell, who worked with Scharf at Bank One and then JPMorgan Chase& Co, most recently was chief executive officer of Santander Holdings USA Inc, as well as of Santander...

  • NEW YORK, Nov 29- U.S. crude oil production in September rose to a new record of 12.46 million barrels per day from 12.397 million bpd in August, the U.S. government said in a monthly report on Friday. Oil output in Texas rose 72,000 bpd in September, while production in North Dakota and the Gulf of Mexico fell during the month. In Texas, the biggest gas producing state,...

  • *Cathay expects first capacity decline in a long time- memo. SYDNEY, Nov 29- Hong Kong carrier Cathay Pacific Airways Ltd plans to cut passenger flight capacity by 1.4% next year, reversing an earlier plan for a boost of 3.1% because of a challenging business outlook, an internal memo reviewed by Reuters showed. The capacity reduction follows Cathay Pacific...

  • WASHINGTON, Nov 14- Montana lawmakers representing Native American tribal members called on the state's congressional delegation and the U.S. State Department on Thursday to extend the public comment period for the environmental review of the Keystone XL pipeline, saying tribes were not properly consulted. Senator Jon Tester, Republican Senator Steve...

  • Nov 13- A regulatory hearing to determine whether Dakota Access LLC can nearly double the flow of its oil pipeline through North Dakota began on Wednesday in the U.S. state, reigniting a fight with the nearby Standing Rock Sioux Tribe. North Dakota Public Service Commission will decide at a later date whether owner Dakota Access LLC, controlled by Texas- based...

  • RPT- CATHAY PACIFIC- LOOKING AHEAD, ADVANCED BOOKINGS CONTINUE TO SHOW WEAKNESS IN BOTH INBOUND AND OUTBOUND HONG KONG TRAFFIC FOR REST OF 2019.

  • Many vendors felt compelled to pay up out of fear they may lose out on future business from the Wall Street giant. Wells Fargo spokesman Peter Gilchrist said participation in the voluntary rebate would not be considered when awarding future contacts. The San Francisco- based bank has leaned on cost cuts in recent years as the fallout from a wide-ranging sales...

  • Microsoft CEO Satya Nadella at the Microsoft Build developer conference in Seattle on May 10, 2017.

    When Microsoft CEO Satya Nadella was in his 30s, he received some advice that made him realize it's important to think about a deeper meaning to work – one that's more than a transaction.

  • Nov 6- U.S. crude oil stockpiles rose sharply last week as refineries cut output and exports dropped, while refined products extended a multi-week drawdown, the Energy Information Administration said on Wednesday. This is definitely a shocking number- even if youre bearish youre shocked, "said Phil Flynn, an analyst at Price Futures Group in Chicago.

  • Nov 5- TC Energy Corp has plugged its Keystone crude oil pipeline in North Dakota, allowing workers to excavate a portion of the pipeline that leaked last week and determine the cause of the spill, a state official said on Tuesday. Work will begin this week to access the precise point of the pipeline that leaked more than 9,000 barrels of crude in rural Walsh County,...

  • CORRECTED- WELLS FARGO CFO JOHN SHREWSBERRY TELLS INVESTOR CONFERENCE- CORPORATE LOAN AND RISK APPETITE IS LOWER THAN IN 2017, REFLECTS UNCERTAINTY IN ENVIRONMENT.

  • WELLS FARGO CFO JOHN SCHREWSBERRY TELLS INVESTOR CONFERENCE- CORPORATE LOAN AND RISK APPETITE IS LOWER THAN IN 2017, REFLECTS UNCERTAINTY IN ENVIRONMENT.

  • SINGAPORE, Nov 4- Oil prices eased on Monday as traders took profit ahead of fresh European and U.S. economic data, despite hopes for some resolution to the U.S.- China trade row that has hurt global economic growth and crimped energy demand. Brent crude futures for January fell 16 cents to $61.53 a barrel by 0727 GMT, while December U.S. crude futures was at $56.04 a...

  • SINGAPORE, Nov 4- Oil prices eased on Monday as traders took profit ahead of fresh European and U.S. economic data, despite hopes for some resolution to the U.S.- China trade row that has hurt global economic growth and crimped energy demand. Brent crude futures for January fell 31 cents to $61.38 a barrel by 0406 GMT, while December U.S. crude futures was at $55.91 a...

  • SINGAPORE, Nov 4- Oil prices eased on Monday as traders remained cautious ahead of fresh European and U.S. economic data, despite hopes for some resolution to the U.S.- China trade row that has hurt global economic growth and crimped energy demand. Brent crude futures for January fell 26 cents to $55.94 a barrel by 0125 GMT while December U.S. crude futures was at...

  • Though there has been a surge in oil transportation, with peer Kinder Morgan also reporting higher movement last month, oil producers in Canada are desperately in need of more pipelines as they face discounts on their product due to transportation constraints. On an adjusted basis, the Calgary- based company earned C $1.04 per share, beating the average analyst...