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North Dakota

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  • US drops 2 to 1,835 rigs exploring for oil, gas Friday, 12 Oct 2012 | 2:58 PM ET

    Texas- based oilfield services company Baker Hughes Inc. reported Friday that 1,411 rigs were exploring for oil and 422 were searching for gas. Of the major oil- and gas-producing states, Texas gained four rigs while Alaska, New Mexico and Oklahoma gained one apiece. Arkansas, Colorado, North Dakota and Wyoming lost one rig apiece.

  • LONDON, Oct 12- Frantic drilling activity across the United States has at last begun to moderate, as the industry responds to the plunge in prices for natural gas and now liquids such as butane and natural gasoline.

  • LinnCo shares rise in market debut Friday, 12 Oct 2012 | 10:42 AM ET

    Oct 12- Shares of LinnCo LLC, a company set up to buy a stake in U.S. oil and gas producer Linn Energy LLC, rose as much as 3 percent on their debut, a day after the company priced its offering at $36.50 per share.

  • LONDON, Oct 12- Frantic drilling activity across the United States has at last begun to moderate, as the industry responds to the plunge in prices for natural gas and now liquids such as butane and natural gasoline.

  • AZ Senate hopefuls wage air war for women, Latinos Friday, 12 Oct 2012 | 8:32 AM ET

    WASHINGTON-- An old feud and the race for women voters took center stage in a tight Arizona Senate race Thursday, with Republican Rep. Jeff Flake citing the grudge in a new ad alleging that Democrat Richard Carmona lacks the temperament for the job. Richard Carmona should never, ever be in the U.S. Senate. "

  • NEW YORK/ HOUSTON, Oct 11- Oil major BP Plc has secured U.S. government permission to ship U.S. crude oil to Canada, and Royal Dutch Shell has applied for an export license, as rising production in the world's top oil consumer upends global energy flows.

  • NEW YORK/ HOUSTON, Oct 11- Oil major BP Plc has secured U.S. government permission to ship U.S. crude oil to Canada, and Royal Dutch Shell has applied for an export license, as rising production in the world's top oil consumer upends global energy flows.

  • "We have applied to the Department of Commerce to export domestic U.S. crude oil," Shell spokeswoman Kayla Macke told Reuters, adding that as a global commodity, imports and exports would follow supply and demand.

  • ,operator of the largest independent fleet of for-hire oil trucks in the United States, said on Thursday it has agreed to buy OMNI Energy Services Inc for $445 million to boost the size of its U.S. oilfield production and environmental services business.

  • ND corn, bean crops expected to be record size Thursday, 11 Oct 2012 | 10:32 AM ET

    FARGO, N.D.-- North Dakota's corn and soybean crops are expected to be record size. The Agriculture Department in its latest forecast pegs the North Dakota corn crop at 390 million bushels, up 16 percent from September and up 80 percent from last year. Flooding in 2011 hurt many North Dakota crops, leading to sizable increases this year.

  • Nearly one-third of SD now in exceptional drought Thursday, 11 Oct 2012 | 10:31 AM ET

    SIOUX FALLS, S.D.-- Nearly one-third of South Dakota is now in the grips of exceptional drought, up from a little more than one-fourth of the state last week. Drought Monitor map shows that all of South Dakota and North Dakota remain in some category of drought. Exceptional drought, the worst, and extreme drought cover most of the southern half of South Dakota.

  • ND tribe plans refinery construction in spring Thursday, 11 Oct 2012 | 10:07 AM ET

    BISMARCK, N.D.-- The chairman of the Three Affiliated Tribes says construction should start next spring on a $400 million oil refinery in North Dakota. It would be the first one built in the United States in more than 30 years. The U.S. Interior Department has agreed to put the refinery land into trust for the tribe's benefit.

  • ND tribe to get control of land for oil refinery Thursday, 11 Oct 2012 | 8:58 AM ET

    NEW TOWN, N.D.-- North Dakota's Three Affiliated Tribes will be getting control of land for construction of a proposed new oil refinery, U.S. Salazar's decision, announced during a news conference at the tribe's headquarters in New Town, means the tribe may begin construction of the $400 million refinery next spring, tribal Chairman Tex Hall said.

  • Tax break meant to spur new refinery construction Thursday, 11 Oct 2012 | 8:51 AM ET

    BISMARCK, N.D.-- A tax break for oil that's processed in North Dakota would help make new refineries profitable and would pay for itself though increased economic growth, a developer told state lawmakers Wednesday.

  • Highlights from the Fed's US economic survey Wednesday, 10 Oct 2012 | 4:56 PM ET

    WASHINGTON-- A Federal Reserve survey released Wednesday found that the economy grew modestly in the late summer, bolstered by solid gains in housing. The report is based on anecdotal information from the regional districts and covers the period from mid-August to Sept. 28. The region's economy expanded modestly.

  • LONDON, Oct 10- The shale boom has left some of the most sophisticated refineries in the United States hunting across Europe and Africa for more of the heavy residue left over from other refiners' crude distillation units, as they try to find a use for all the expensive coking units built in the last decade.

  • Fargo company finishes $22 million expansion Tuesday, 9 Oct 2012 | 4:44 PM ET

    FARGO, N.D.-- John Deere Electronic Solutions in Fargo has completed work on a $22 million expansion. The company was established in 1987 as Phoenix International. The 90,000- square-foot expansion gives the company more than 300,000 square feet in Fargo, where it employs more than 900 people.

  • Rain, snow slow fieldwork in ND, replenish topsoil Tuesday, 9 Oct 2012 | 4:33 PM ET

    FARGO, N.D.-- Rain and snow that moved into North Dakota last week slowed fieldwork but has also replenished topsoil moisture in many areas. The U.S. Agriculture Department says in its weekly crop, livestock and weather report that harvest of the state's late season crops was already seeing good progress before the moisture moved in.

  • Oct 9- Continental Resources Inc, the top oil producer in the Bakken oil region, said on Tuesday it expects to cut $1 million off the cost of its average well there by the end of 2013, as it takes on one of the biggest challenges in the booming oil basin.

  • Study of ND upkeep costs to include bridges Tuesday, 9 Oct 2012 | 11:02 AM ET

    BISMARCK, N.D.-- A recent study of the cost of maintaining North Dakota's county and township roads is being expanded to include bridges. The Upper Great Plains Transportation Institute at North Dakota State University did the study at the Legislature's request.