Bakken oil fields mark billionth barrel of oil
Oil drillers targeting the rich Bakken shale formation in western North Dakota and eastern Montana have produced 1 billion barrels of crude, data from the two states show.
View ArticleNew projections show oil production soaring as rigs boost efficiency
Oil production will continue to soar in the six major U.S. shale plays, with more barrels pumped per rig, according to federal projections released Monday.
View ArticleND governor calling for more pipelines
Gov. Jack Dalrymple is meeting with industry leaders later this month in Bismarck to push for more oil and gas pipelines in North Dakota.
View ArticleTrains full of crude boost US share in refiners’ mix
East Coast refiners are using less imported oil, as trains deliver crude from the prolific Bakken Shale in North Dakota.
View ArticleHillary Clinton weighs in on Keystone XL pipeline
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.
View ArticleNorth Dakota oil production surpasses 1 million barrels per day
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.
View ArticleBakken Shale oil explorers told to cut flaring or face punishment
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...
View ArticleInfluence game: Shaping railroad safety rules
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...
View ArticleMore Nuggets on the US Energy Boom
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...
View ArticleNorth Dakota’s crude production continues to grow on strength of Bakken,...
Drillers are gaining new insights into the geologies of the Bakken Shale in North Dakota, where production is topping 1 million barrels a day.
View ArticleEnding ban on oil exports would mean cheaper gasoline, energy executive says
ConocoPhillips senior economist Helen Currie, citing a study by the energy consulting firm IHS Inc., said prices at the pump would fall by about 8 cents a gallon should crude exports be allowed.
View ArticleCrude oil rides Texas’ rails with little tracking
For generations of producers drillers in Texas, where a vast pipeline system has grown with the fits and starts of the oil industry's notorious business cycle, railroads provided little more than a...
View ArticleEnbridge delays N.D. oil pipeline at least a year
Enbridge is trying to build the 612-mile pipeline to carry 225,000 barrels of oil a day through northern Minnesota to a hub in Wisconsin.
View ArticleEagle Ford expected to hit 1.6 million barrels next month
The Eagle Ford Shale is expected to make 1.61 million barrels of oil per day in November, up 42 percent from the year before, according to a new government report. The field is making around 1.58...
View ArticleEnterprise abandons Bakken pipeline
The proposed line would have run 1,200 miles from the prolific oilfields of North Dakota to the oil transportation hub in Cushing, Oklahoma.
View ArticleMarathon Oil will cut more than $1B from 2015 budget
Marathon Oil Corp. will spend about 20 percent less looking for and producing oil next year, the company said on Thursday.
View ArticleU.S. rigs are being idled, but the oil boom is not ending
The industry has become better at blasting crude out of deep underground layers of rock, according to productivity data tracked by the EIA in the major shale prospects.
View ArticleMarathon cuts 2015 capital spending by another $1 billion
The cut is the second the company has made since crude prices began falling last summer.
View ArticleTransCanada to seek U.S. approval for $600 million Upland Pipeline
TransCanada Corp.'s proposed $600 million Upland Pipeline would begin near the northwestern North Dakota oil hub of Williston and go north into Canada about 200 miles.
View ArticleFuel-hauling trains could derail at 10 a year
The federal government predicts that trains hauling crude oil or ethanol will derail an average of 10 times a year over the next two decades, causing more than $4 billion in damage and possibly killing...
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