Sen. Heidi Heitkamp, (D-N.D.), shares her thoughts on Janet Yellen's testimony on Fed monetary policy» Read More
Lifting the 1970s ban on crude exports would go a long way to reducing energy prices and increasing jobs in the U.S., the CEO of Hess tells CNBC.
WASHINGTON, Sept 12- The United States hit Russia's largest bank, a major arms maker and arctic, deepwater and shale exploration by its biggest oil companies with new sanctions on Friday to punish Moscow for its intervention in Ukraine. They are the latest economic penalties imposed by the West since Russia annexed Crimea from Ukraine in March.
WASHINGTON, Sept 11- U.S. corn and soybean production in 2014, already pegged at record highs, will be higher than expected a month ago and somewhat above trade expectations, the U.S. government said on Thursday, triggering a swift drop in Chicago grain markets.
HOUSTON, Sept 10- Alon USA Energy intends to restart its refinery in Bakersfield, California in 2016 after a string of upgrades to enable it to process light inland U.S. crude that will arrive via a new oil-by-rail facility, Chief Executive Paul Eisman told Reuters on Wednesday.
HOUSTON, Sept 9- The first substantial oil-by-rail project at a California refinery won approval on Tuesday despite a last-minute push for more scrutiny by some environmental groups.
The U.S. energy renaissance's effects are being felt broadly, said the industry's main trade group.
WASHINGTON, Sept 9- U.S. studies of oil train dangers may have underestimated the perils of volatile vapor on the tracks and officials will in future use precision instruments for more thorough tests, a Transportation Department official said on Tuesday.
WASHINGTON, Sept 9- U.S. studies of oil train dangers may have underestimated the perils of volatile vapor on the tracks and officials will use precision instruments for more thorough tests in the future, a Transportation Department official said on Tuesday.
SAYS WILL IMPROVE TESTING OF OIL TRAIN CARGO FROM NORTH DAKOTA'S BAKKEN REGION- TRANSPORTATION DEPARTMENT OFFICIAL.
SAN FRANCISCO, Sept 5- A San Francisco Superior Court judge on Friday dismissed a lawsuit brought by environmental groups against Kinder Morgan's Richmond, California, rail terminal, which quietly began unloading crude oil from trains this year, saying the plaintiffs waited too long to file their complaint.
BISMARCK, N.D., Sept 4- North Dakota's oil boom has fueled a construction bonanza for new supermarkets, restaurants and clothing stores. But try finding a Rite Aid, Walgreens or other national pharmacy chain in the state, the fastest-growing economy in the nation, and you'll be largely out of luck.
WASHINGTON, Sept 3- The percentage of Americans regarded as "food insecure"- lacking access to enough food for a healthy life- has edged down in the past few years but still represents over 17 million households, the U.S. Agriculture Department said on Wednesday.
Although the prevalence of sporadic food insecurity has fallen, the number of households with very low food security is persistent, USDA said, even as the U.S. economy has moved on from a severe recession that ended in 2009 and the job market has slowly recovered.
Sept 2- Canada's Pembina Pipeline Corp said it would buy the Vantage pipeline system, gaining access to the prolific Bakken shale field in North Dakota. Vantage, a recently constructed pipeline system with a capacity of 40,000 barrels per day, originates in North Dakota and ends at Alberta.
Sept 2- Canada's Pembina Pipeline Corp said it would buy the Vantage pipeline system and Mistral Midstream Inc's interest in the Saskatchewan ethane extraction plant from Riverstone Holdings LLC for $650 million.
WASHINGTON/ SEOUL, Sept 1- Washington is facing growing international pressure to ease its long standing ban on crude oil exports, with South Korea and Mexico joining the European Union in pressing the case for U.S. oil shipments overseas.
As regulators crack down on natural gas flaring in North Dakota, energy companies are scrambling to meet the rules.
Tensions are mounting between ranchers and farmers, and the oil and gas industry, reports CNBC's Morgan Brennan.
As the U.S. muscles its way back into the very top echelon of global oil and gas production, Alaska is being left in the dust.
Big mergers are afoot. But is a major shale oil deal a sign of a strong market?