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North Dakota

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  • Oct 9- Thursday marked the end of the epic nine-week divorce trial of Oklahoma's richest man, oil magnate and Continental Resources Chief Executive Harold Hamm. During the proceedings, lawyers for Harold Hamm and his wife of 26 years, Sue Ann Hamm, presented starkly different views of how much wealth should be divided by the court. Such a multibillion-dollar...

  • SAN FRANCISCO, Oct 9- California environmentalists on Thursday filed a lawsuit against the Kern County Board of Supervisors for its approval last month of a major oil-by-rail project in the state, saying the county failed to disclose the risks of the project to the public. But groups behind the lawsuit, including the Sierra Club and the Center for Biological...

  • Oct 9- Global news organization Reuters has asked an Oklahoma court to open courtroom proceedings to the public and unseal trial transcripts of the two-month-long divorce trial of billionaire oilman Harold Hamm and his wife, Sue Ann Hamm. Haralson cited concerns that private business information that might be discussed in the divorce case would harm Hamm's...

  • After the financial crisis of 2007-2009, a number of ailing U.S. refineries were sold to investors such as Carlyle Group and Delta Air Lines Inc, which lacked the credit agreements or oil trading expertise to efficiently supply their new plants. On Tuesday, Philadelphia Energy Solutions LLC, the biggest refinery on the East Coast, became the latest to join the...

  • WILLISTON, N.D., Oct 8- Desperate for a fresh start, unemployed workers from all over the world have converged on North Dakota's burgeoning oil patch, seeking six-figure salaries and the rewards of living in the fastest-growing economy in the nation. "The Overnighters" tracks the men, and a handful of women, whose dreams of wealth and redemption from past mistakes...

  • SINGAPORE Oct 8- U.S. crude futures fell towards $88 a barrel on Wednesday, dropping for a second day following larger-than-expected crude inventories, weaker economic growth forecasts and lower oil demand projections. *U.S. crude for November delivery was down 28 cents at $88.57 a barrel by 0039 GMT after falling by $1.49 in the previous session.

  • They say a long-anticipated fundamental shift in the market may now be under way, ending a four-year stretch when $100- plus prices were the norm, and opening a new era in which OPEC restraint once again becomes paramount. Even output in trouble spots like Libya and Iraq is rising after years of insurrection-led losses. Some analysts say it is too early to tell if...

  • The deal with Kuwait Foreign Petroleum Exploration Co helps Chevron reduce production risk and gives it more capital to increase drilling in Alberta's Duvernay shale formation, one of North America's largest shale deposits. Chevron's Canadian subsidiary has exploration leases for about 330,000 net acres in the Duvernay shale formation.

  • LONDON, Oct 2- In a milestone for the carbon capture and storage movement, SaskPower's Boundary Dam power plant began making pipeline deliveries of liquid carbon dioxide on Wednesday. Capture systems have already been deployed at three industrial plants in the United States that produce hydrogen and fertiliser, as well as at the Great Plains Synfuels Plant, a...

  • Oil traders say OPEC may be heading for price war Thursday, 2 Oct 2014 | 11:27 AM ET

    *Traders speculate OPEC price war looming. LONDON/ DUBAI, Oct 2- Saudi Arabia's decision to slash the official selling price for its oil has sparked trader talk of an emerging OPEC price cutting war, as members of the producer group could compete to defend their market share amid ample supplies and tepid demand. Benchmark Brent crude prices continued to slide...

  • TIOGA, N.D., Oct 1- North Dakota's oil producers will struggle to comply with aggressive rules taking effect on Wednesday designed to curb the wasteful burning of natural gas, hindered by lengthy federal reviews of crucial pipelines. Too few pipelines and a lack of plant capacity to prepare gas for transport means North Dakota flares enough natural gas in one...

  • *Republicans plan to force a vote if they win Senate. The $10 billion Keystone project to connect Canadian oil sands with U.S. refineries will top the list of Republican energy priorities if they gain control of the Senate after the Nov. 4 midterm elections.

  • Sept 29- Civeo Corp, the provider of oilfield accommodation services recently spun off by Oil States International Inc, surprised Wall Street on Monday by saying it would not convert to a real estate investment trust and would instead relocate to Canada for tax purposes.

  • Lawmakers in U.S. oil heartland soften over export ban Thursday, 25 Sep 2014 | 1:00 AM ET

    NEW YORK, Sept 25- In the oil drilling and refining heartland of Texas, the debate over U.S. crude exports is no longer a fight over whether a 40- year ban should be lifted.

  • Other companies likely to receive approval are HeliVideo Productions LLC, Aerial MOB LLC, Pictorvision Inc, RC Pro Productions Consulting LLC, Astraeus Aerial and Snaproll Media LLC.

  • WASHINGTON, Sept 24- Cynthia Quarterman, the federal regulator who oversaw expansion of the U.S. oil train sector and the fallout from several fiery derailments, will step down, two sources familiar with her intentions said on Wednesday.

  • DICKINSON, N.D., Sept 24- Crude oil would cost at least $150 a barrel due to supply disruptions in the Middle East and North Africa were it not for rising production in North Dakota and Texas, U.S. Energy Information Administration chief Adam Sieminski said in an interview on Wednesday.

  • COLUMN-Energy efficiency - bigger than shale: Kemp Tuesday, 23 Sep 2014 | 8:05 PM ET

    LONDON, Sept 24- The United States is experiencing the largest and most sustained drop in oil demand since the start of the petroleum era in 1859 thanks to improvements in efficiency and the switch to alternative fuels.

  • BISMARCK, North Dakota, Sept 23- Hess Corp and other major North Dakota oil producers told the state's top energy regulators on Tuesday that existing field practices used to prepare Bakken crude for rail transport are safe, and tighter standards could do more harm than good.

  • CHICAGO, Sept 19- U.S. wheat futures fell 2.9 percent to their lowest in more than four years on Friday, matching a similar low in Paris wheat futures, as a global supply glut overwhelmed demand and pressured prices.