I didn’t intentionally seek out these nuggets on the US energy boom – especially so quickly after my recent involvement with Miley and Mr Bieber - but they were just conveniently there. Fast food if you like. As crude oil production hits a new 28-year high and natural gas continues to achieve higher and higher record levels of […] More »
Whiting Petroleum Corp. agreed to buy Kodiak Oil & Gas Corp. for about $3.8 billion in stock, creating what it called the largest oil producer in the Bakken/Three Forks region of North Dakota. More »
Billions of dollars are riding on how oil train safety rules are written, and lobbyists from the railroads, tank car manufacturers and the oil, ethanol and chemical industries have met 13 times since March with officials at the White House and the Pipeline and Hazardous Materials Safety Administration. More »
Energy companies that don’t curb so-called gas flaring will face limits on the amount of oil they can pump from the Bakken shale formation, the North Dakota Industrial Commission said in a statement today. More »
Oil development is strictly forbidden within Theodore Roosevelt National Park itself, but park officials worry that the flares, lights and noise from drilling just beyond the protected area are sullying the natural spaces cherished by Roosevelt as a bespectacled young man in his mid-20s.
Along with oil prosperity in North Dakota has come a spasm of crime unlike any before on the prairie. Where farmers once sealed deals with a handshake, authorities now contend with drug gangs, meth labs, and violent crimes. More »
North Dakota’s oil production surpassed 1 million barrels per day in April for the first time in history, according to preliminary state data released Tuesday. More »
Former U.S. Secretary of State Hillary Rodham Clinton said Monday that the proposed Keystone XL pipeline shouldn’t be seen as a proxy for the relationship between Canada and the United States. More »
The U.S. Energy Information Administration expects that the Eagle Ford Shale will produce 1.4 million barrels of crude oil and other liquids daily in July. More »
East Coast refiners are using less imported oil, as trains deliver crude from the prolific Bakken Shale in North Dakota. More »
Marathon Oil Corp. struck a deal Monday to sell its Norwegian offshore oil-production business for $2.1 billion, its latest move to lighten its load and concentrate on U.S. shale basins. More »
Gov. Jack Dalrymple is meeting with industry leaders later this month in Bismarck to push for more oil and gas pipelines in North Dakota.