GO
Loading...

North Dakota

More

  • BISMARCK, N.D.— A subsidiary of Exxon Mobil Corp. is asking state regulators to grant an exception to the amount of natural gas companies are permitted to burn off at 140 of its oil wells in Dunn and McKenzie counties. OneOK said the pipeline would have moved 40 million cubic feet per day to their Garden Creek gas plant in McKenzie County. The request will now be...

  • BISMARCK, N.D.— For the first time in more than six years, North Dakota doesn't have the lowest unemployment rate in the nation, due in part to sliding oil drilling activity spurred by low crude prices. U.S. Bureau of Labor Statistics data released Friday show North Dakota's jobless rate in February was 2.9 percent, up from 2.8 percent in January.

  • HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 21 this week to 1,048 amid falling oil prices. Houston- based Baker Hughes said Friday 813 rigs were seeking oil and 233 exploring for natural gas. Among major oil- and gas-producing states, Alaska, Louisiana, Oklahoma and Texas each...

  • With the price of crude plumbing lows not seen since 2009, Royal Dutch Shell, Whiting Petroleum Corp and many others are turning to rocket fuel, Big Data, lasers, spectrometers and other new or revamped technologies to do more for less. Baker Hughes Inc saw more client inquiries about products that increase efficiency of existing wells in the first three months...

  • LINCOLN, Neb.— Nebraska's preliminary unemployment rate of 2.7 percent last month was the lowest in the country, a state report showed Friday. The Nebraska Labor Department report said the February rate was seven-tenths of a point under the February 2014 rate of 3.4 percent and remained well under the new national average rate of 5.5 percent.

  • March 26- Personal information gathered by RadioShack Corp from shoppers is not included in its sale, the consumer privacy ombudsman in the electronics retailer's bankruptcy case said in response to concerns shared by several states that the data could be sold. Her letter came as Oregon and Pennsylvania on Wednesday joined Texas and Tennessee in objecting...

  • Census: Florida city tops list of fastest-growing areas Thursday, 26 Mar 2015 | 12:08 AM ET

    New figures released Thursday by the U.S. Census Bureau showed Florida was home to six of the nation's 20 fastest-growing metro areas from July 1, 2013, to July 1, 2014. The Villages retirement community located northwest of Orlando was the nation's fastest-growing metro area last year with a 5.4 percent increase that raised the population to 114,000...

  • House Roll Call: Republicans approve conservative budget Wednesday, 25 Mar 2015 | 7:19 PM ET

    The 228-199 roll call Wednesday by which the House passed a conservative budget that relies on nearly $5 trillion in cuts to eliminate deficits over the next decade, calls for repealing the health care law and envisions transformations of the tax code and Medicare. Republicans— Aderholt, Y; Brooks, Y; Byrne, Y; Palmer, Y; Roby, Y; Rogers, Y. Republicans— Crawford, N; Hill, Y;...

  • WILLISTON, N.D., March 23- Business and community leaders in North Dakota's western oil patch have launched an aggressive campaign to convince more manufacturers to set up shop locally, part of a push to expand the area's economy beyond crude production and slash costs. The company, located on North Dakota's eastern edge, six hours from Williston, currently does...

  • North Dakota oil rig count drops below 100 Wednesday, 25 Mar 2015 | 3:22 PM ET

    There were 98 rigs drilling in North Dakota on Wednesday. North Dakota is the nation's No. 2 oil producer behind Texas. North Dakota has been producing about 1.2 million barrels of oil daily.

  • BISMARCK, N.D.— Two years ago, North Dakota was so flush with money from the energy boom that lawmakers spent over $1 million to spruce up the cafe at the state Capitol. The price of North Dakota sweet crude has fallen by nearly half from a year ago to about $47 a barrel. On Tuesday, only 100 rigs were drilling in the state's oil patch, barely half the number a year ago and the...

  • *Google up as CFO to move from Morgan Stanley. *Whiting Petroleum shares tumble after share, note offering. NEW YORK, March 24- U.S. stocks fell for a second straight session on Tuesday, with equities maintaining a tight range that corresponded with currency fluctuations as traders focused on the dollar's strength and its possible effect on corporate earnings.

  • US STOCKS-Wall St drifts lower; Google buoys Nasdaq Tuesday, 24 Mar 2015 | 3:18 PM ET

    *Google up as CFO to move from Morgan Stanley. Declines on the Nasdaq were held in check by a boost from Google, up 2.3 percent to $578.24. Morgan Stanley's chief financial officer is leaving the bank to join Google.

  • *Google up as CFO to move from Morgan Stanley. The Nasdaq outperformed other major indexes, boosted by a 2.6 percent gain in Google shares to $579.94. Morgan Stanley's chief financial officer is leaving the bank to join Google.

  • US STOCKS-Wall St little changed; Google boosts Nasdaq Tuesday, 24 Mar 2015 | 10:52 AM ET

    *Google up 2 pct as CFO to move in from Morgan Stanley. The Nasdaq outperformed other major indexes, boosted by a 2 percent gain in Google shares. Morgan Stanley's chief financial officer is leaving the bank to join Google.

  • *Google up 1 pct as CFO to move in from Morgan Stanley. *Whiting Petroleum shares tumble after share, note offering. Traders are "focusing on the effect on the dollar" after recent data, said Peter Jankovskis, co-chief investment officer at OakBrook Investments LLC in Lisle, Illinois.

  • US STOCKS-Futures tick up ahead of data Tuesday, 24 Mar 2015 | 7:34 AM ET

    *Whiting Petroleum shares tumble after share, note offering. Shortly after the opening bell on Wall Street, Markit's preliminary gauge of factory activity this month is due. *Whiting Petroleum Corp fell 13 percent in premarket trading after North Dakota's largest oil producer announced an offering of 35 million shares and a $1.75 billion mix of notes and...

  • WILLISTON, N.D., March 23- Whiting Petroleum Corp, the largest North Dakota oil producer, said on Monday it would sell 35 million shares of common stock to help pare debt from its December buyout of rival Kodiak Oil& Gas. In offering stock, Whiting follows the path of fellow North Dakota producer Oasis Petroleum Inc, which last month said it would issue 25 million...

  • WILLISTON, N.D., March 23- Whiting Petroleum Corp, the largest North Dakota oil producer, said on Monday it would sell 35 million shares of common stock to help cull its $5.63 billion debt load. JPMorgan is running the company's stock offering. Shares of Whiting fell 9 percent to $34.88 in after-hours trading after the offering was announced.

  • NEW YORK, March 23- Volunteers at the Galena, Illinois, fire department were hosing down the smoldering wreck of a derailed BNSF oil train on the east bank of the Mississippi River on March 5 when a fire suddenly flared beyond their control. "They dropped the hoses and got out" when the flames started rising, said Charles Pedersen, emergency manager for Jo Daviess...