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North Dakota

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  • *Profit ex-items $2.55/ share, misses $2.83 analysts' view. Increasing output from the wellhead is a struggle for many big oil companies, including Exxon Mobil Corp and Royal Dutch Shell.

  • CALGARY, Alberta, Nov 1- Suncor Energy Inc said on Thursday that rising light oil production threatens the profitability of a massive new upgrading facility planned by Canada's dominant oil sands producer as it delayed plans to expand output from the world's third-largest oil reserve.

  • Nov 1- Exxon Mobil Corp, the world's largest publicly traded oil company, reported a quarterly profit on Thursday that topped expectations, as higher margins from its refining arm countered a 7.5 percent decline in oil and gas output. Earlier this month, Exxon agreed to buy Celtic Exploration Ltd for $2.64 billion.

  • UPDATE 3-Exxon quarterly profit falls, output tumbles Thursday, 1 Nov 2012 | 2:24 PM ET

    Nov 1- Exxon Mobil Corp, the world's largest publicly traded oil company, reported a quarterly profit on Thursday that topped expectations, as higher margins from its refining arm countered a 7.5 decline in oil and gas output. Earlier this month, Exxon agreed to buy Celtic Exploration Ltd for $2.64 billion.

  • HOUSTON, Oct 31- Phillips 66' s increased access to cheaper crude oil from the United States and Canada boosted its quarterly profits above analyst expectations after the U.S. refining company spun off from ConocoPhillips earlier this year, the company reported on Wednesday.

  • UPDATE 3-Phillips 66 quarterly profit up on good margins Wednesday, 31 Oct 2012 | 6:35 PM ET

    HOUSTON, Oct 31- Increased access to cheaper crude oil from the United States and Canada boosted Phillips 66' s quarterly profits above analyst expectations after the U.S. refining company spun off from ConocoPhillips earlier this year, the company reported on Wednesday.

  • *Illinois' importing' corn by rail from N.Dakota, Minnesota. CHICAGO, Oct 29- The devastating U.S. drought and ensuing crop disease are upending traditional grain movement patterns, with dozens of trains and barges shipping North Dakota or Mississippi corn into the Corn Belt rather than out to the coasts.

  • US drops 13 to 1,826 rigs exploring for oil, gas Friday, 26 Oct 2012 | 2:47 PM ET

    Texas- based oilfield services company Baker Hughes Inc. reported Friday that 1,408 rigs were exploring for oil and 416 were searching for gas. Of the major oil- and gas-producing states, Texas dropped seven rigs and New Mexico fell by 5. Alaska and Oklahoma lost three apiece, and West Virginia was down by two.

  • SD pipe-making plant to supply ND oil industry Friday, 26 Oct 2012 | 11:48 AM ET

    RAPID CITY, S.D.-- A Texas- based pipe maker has started construction on a manufacturing plant in Rapid City, South Dakota. WL Plastics Director Mike Dahl says the South Dakota plant will help supply North Dakota's oil industry. WL Plastics also has facilities in Texas, Kentucky, Utah, Wyoming and the Canadian province of Alberta, Canada.

  • New landfills needed for ND oil drilling waste Friday, 26 Oct 2012 | 12:22 AM ET

    The more than 1 billion pounds of oilfield waste produced this year is roughly weight of the sunflower harvest in North Dakota, which is the nation's top sunflower producer.

  • Correction: US Oil Boom story Thursday, 25 Oct 2012 | 3:49 PM ET

    NEW YORK-- In a story Oct. 23 about the boom in U.S. oil production, The Associated Press misidentified the year and amount of peak U.S. oil output. US could soon overtake Saudi Arabia as world's biggest oil producer; output is booming. NEW YORK _ U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world's biggest producer.

  • Marcellus Shale business merger activity slows Thursday, 25 Oct 2012 | 3:40 PM ET

    PITTSBURGH-- The wheeling and dealing over the natural gas-rich Marcellus Shale has hit the pause button. PwC said low natural gas prices were the main factor, not the output or potential of the vast shale gas formation that lies under parts of Pennsylvania, West Virginia, New York, Ohio and Maryland.

  • Networks, AP changing exit poll strategy Thursday, 25 Oct 2012 | 2:14 PM ET

    NEW YORK-- A growth in early voting and tough economy for the media are forcing changes to the exit poll system that television networks and The Associated Press depend upon to deliver the story on Election Night, all with the pressure-filled backdrop of a tight presidential race.

  • Oct 25- ConocoPhillips reported a lower third-quarter profit on Thursday that beat analysts' estimates, as it produced more crude than expected from high-margin fields such as the Eagle Ford and Bakken.

  • ND awards $2.5M more in Energy Impact Grants Thursday, 25 Oct 2012 | 1:01 PM ET

    BISMARCK, N.D.-- North Dakota's state land board has awarded $2.5 million in grants aimed at developing affordable housing for teachers in the western oil patch and also enhancing traffic safety in the region. They bring the total to $125 million in Energy Impact Gants approved during the current two-year budget cycle.

  • Mont. oil lease sale could mark Bakken expansion Thursday, 25 Oct 2012 | 11:55 AM ET

    BILLINGS, Mont.-- A Texas company has bought oil and gas leases on almost 75,000 acres in northeast Montana's McCone County in a move that could portend a significant westward expansion of the Bakken oil patch, government officials and a company representative said Wednesday.

  • ND's Killdeer Mountains drilling dispute undecided Thursday, 25 Oct 2012 | 12:54 AM ET

    BISMARCK, N.D.-- North Dakota's Mineral Resources director says he likely will make a recommendation to state regulators next month on whether to allow oil drilling near the Killdeer Mountains Wildlife Management Area. Hess Corp. wants to drill up to eight wells. The Mineral Resources Department's Oil and Gas Division on Wednesday held a hearing.

  • American plans to hire 2,500 pilots Wednesday, 24 Oct 2012 | 10:42 PM ET

    DALLAS-- The CEO of American Airlines said the company expects to hire 2,500 pilots over the next five years as it ramps up international flights.

  • American plans to hire 2,500 new pilots Wednesday, 24 Oct 2012 | 6:32 PM ET

    DALLAS-- The CEO of American Airlines said the company expects to hire 2,500 pilots over the next five years as it ramps up international flights.

  • Study: ND electrical demand to triple in oil patch Wednesday, 24 Oct 2012 | 11:09 AM ET

    Montana-Dakota Utilities Co. and Basin Electric Power Cooperative also provided funds for the $284,000 study. The state Industrial Commission said in a statement that the study provides valuable information that will be used in addressing the future power demand and infrastructure needs in 22 western North Dakota counties.