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North Dakota

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  • Hoeven: BNSF pledges to speed fertilizer delivery Monday, 14 Apr 2014 | 10:29 AM ET

    The North Dakota Republican said BNSF Executive Chairman Matt Rose told him over the weekend that the railroad "will dedicate additional resources and crews to get fertilizer to North Dakota producers faster."

  • Opponents carve anti-pipeline message into field Sunday, 13 Apr 2014 | 3:30 PM ET

    NELIGH, Neb.— Opponents of a proposed pipeline that would carry oil from Canada south to the Gulf Coast have stamped a massive message of resistance into a Nebraska field that is in the project's path. It is the latest protest environmentalists and landowners have employed against TransCanada's proposed Keystone XL pipeline.

  • ND posts 951K barrels of oil daily in February Friday, 11 Apr 2014 | 1:54 PM ET

    BISMARCK, N.D.— North Dakota oil drillers produced an average of about 951,000 barrels of oil a day in February. The Department of Mineral Resources says February production was up from an average of about 935,000 barrels daily in January. North Dakota's oil patch had a record 10,186 producing wells in February, up from 10,114 in January.

  • US rig count up 13 to 1,831 Friday, 11 Apr 2014 | 1:46 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by 13 this week to 1,831.. Of the major oil- and gas-producing states, Louisiana gained nine rigs, Texas increased by seven, California gained three and New Mexico increased by one.

  • COLUMN-U.S. oil reserves highest since 1970s: Kemp Friday, 11 Apr 2014 | 7:53 AM ET

    LONDON, April 11- U.S. exploration and production companies are finding accumulations of crude and condensates twice as fast as they are producing them, according to statistics published on Thursday. Proved reserves of crude stood at 30.5 billion barrels at the start of 2013..

  • WASHINGTON, April 10- The United States could give Europe and Ukraine relief from energy dependence on Russia within months if it overturned the 40- year ban on most U.S. crude oil exports, the head of energy company Hess Corp. said on Thursday. He estimated that Europe and Ukraine could get relief from volatile oil prices in 90 days if the ban was overturned.

  • 11 Senate Democrats to Obama: Approve Keystone XL Thursday, 10 Apr 2014 | 2:57 PM ET

    WASHINGTON— Eleven Senate Democrats, including six who face contested races this year, urged President Barack Obama on Thursday to approve the Keystone XL oil pipeline by the end of May.

  • Oil-by-rail terminal proposed for Washington state Thursday, 10 Apr 2014 | 1:34 PM ET

    SEATTLE— U.S. Development Group is seeking permits to build an oil terminal on the Washington coast that could handle about 45,000 barrels of crude oil a day. The $80 million proposal at the Port of Grays Harbor is one of several in Washington that together would bring millions of barrels of oil by train from the Bakken region of North Dakota and Montana.

  • US says oil reserves highest since 1976 Thursday, 10 Apr 2014 | 11:04 AM ET

    Crude oil reserves in the U.S. grew for the fourth straight year, reaching the highest level since 1976, according to an Energy Department report released Thursday. The report says reserves grew 4.5 billion barrels, or 15 percent, to 33 billion barrels in 2012. It was the biggest one-year jump since 1970..

  • Democratic senators on Thursday urged President Barack Obama to make a final decision on whether to approve TransCanada Corp's Keystone XL crude oil pipeline from Canada to the U.S. Gulf Coast no later than May 31.

  • ND gets $3.3M for abandoned mine reclamation Thursday, 10 Apr 2014 | 5:01 AM ET

    BISMARCK, N.D.— North Dakota is getting a $3.3 million federal grant for coal mine reclamation projects. The money is going to the North Dakota Public Service Commission, which has identified three projects that need reclamation in western North Dakota.

  • US urges oil-by-rail sector to agree a safer tank car Wednesday, 9 Apr 2014 | 3:59 PM ET

    "My target date is as soon as possible," Foxx told a panel of the Senate Appropriations Committee when asked when the new standard would be ready. The Department of Transportation is responsible for mandating a new tank car design, but officials are counting on input from industry.

  • COLUMN-Shale revolution reverses global energy flow: Kemp Wednesday, 9 Apr 2014 | 10:41 AM ET

    LONDON, April 9- The United States has replaced OPEC as the marginal petroleum supplier to the world thanks to the shale revolution and improvements in automotive fuel efficiency. Net U.S. imports of crude and products have halved over the last five years, or by an amount equivalent to the entire daily crude exports of Saudi Arabia.

  • Feds say oil trains should have two-man crews Wednesday, 9 Apr 2014 | 10:41 AM ET

    The Federal Railroad Administration had asked a freight rail industry advisory committee to make recommendations on whether two-man crews should be required, but the industry officials were unable to reach a consensus after working on the issue for months. The crew proposal was prompted by an accident last July in the town of Lac-Megantic in Quebec, Canada.

  • Fargo 6th-graders mop up against college investors Monday, 7 Apr 2014 | 1:31 PM ET

    FARGO, N.D.— A class of sixth-graders from North Dakota has schooled some of the best college business students in the country on the stock market.

  • WASHINGTON, April 4- Republican lawmakers said on Friday over regulation has prevented a shale oil boom in California and if eased, could boost production in the state and reduce its dependence on foreign energy.

  • WASHINGTON, April 3- International rules for handling the kind of petroleum shipments involved in several recent fiery derailments may need to be revised, the United Nations said, in a move that could rattle the fast-growing oil-by-rail sector.

  • WASHINGTON, April 3- International rules for handling the kind of oil-by-rail shipments involved in a recent fiery derailments may need to be revised, the United States and Canada said.

  • OTTAWA, April 3- Governments should require companies shipping crude oil by rail to carry enough liability insurance to make up for shortfalls in coverage carried by railways, the president of Canada's second-largest rail operator said on Thursday.

  • The American Petroleum Institute, the leading voice for the sector, has convened industry experts to develop new testing standards in a move that could help regulators, a senior Department of Transportation official said on Wednesday.

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