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Montana pipeline repairs to take weeks
Exxon Mobil Corp is working on a plan to repair and restart a ruptured Montana pipeline that spilled up to 1,000 barrels of crude into the Yellowstone River last weekend, but restoration is not expected for at least two weeks, an executive said on Wednesday. “Restoration of the line is something we’ll look at separately,”…
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Government reviewing applications for deepwater Gulf permits
U.S. officials on Friday could not offer a firm date when deepwater permits to drill for oil in the Gulf of Mexico will be issued, as crude posted its highest weekly close in more than two years. “We are carefully and rigorously reviewing drilling plans,” Michael Bromwich, director of the Bureau of Ocean Energy Management,…