North Dakota
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The boom in new oil and natural gas flowing through U.S. pipelines is beginning to ripple through the wider American economy.
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*Soybeans firm as processors seek crushing supplies. *Corn lower, drags wheat down. Even though it is wet this week, I suspect you have people looking forward to better planting weather next week, "said Mike Krueger, president of the Money Farm, a crop advisory service near Fargo, North Dakota.
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*Soybeans firm as processors seek crushing supplies. *Corn lower, drags wheat down. Soybeans were the lone bright spot in the grain complex.
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LONDON, May 8- North Dakota's leading oilfield operators hope to squeeze much more oil from its shale formations by drilling wells closer together- a bold experiment that could raise ultimate recovery by billions of barrels if it succeeds.
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CALGARY, Alberta, May 7- Enbridge Inc, Canada's largest pipeline operator, said it shut its 210,000 barrel-per-day North Dakota pipeline for the second time in less than a week after finding contaminated soil during integrity checks. Enbridge estimates 2 barrels of oil leaked from the line. Enbridge says the two oil leaks were not related.
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CALGARY, Alberta, May 7- Enbridge Inc, Canada's largest pipeline operator, said it shut its 210,000 barrel-per-day North Dakota pipeline for the second time in less than a week after finding contaminated soil during integrity checks. Graham White, a spokesman for the company, said in an email the line was shut on Monday after the discovery.
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NEW YORK, May 07 Fitch Ratings has assigned a' BBB+' rating to Xcel Energy Inc.' s new 0.75% $450 million issuance of senior unsecured notes due May 9, 2016.
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By John Kemp LONDON, May 7- No one has ever seen an oil field. Typically buried thousands of feet below the surface, oil fields are like a sponge saturated with a mixture of oil, water and gas, rather than the underground cavern most people imagine when they think about oil and gas reservoirs.
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NEW YORK, May 6- The CME Group intends to launch at least two new U.S. crude oil futures contracts before the end of this year, as the rapid growth in U.S. oil production and infrastructure boosts liquidity in Gulf Coast spot markets.
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Faulty equipment has led to patients being burned or exposed to too much radiation, Jeffrey Shuren, director of the FDA's center for devices and radiological health, said in an interview.
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*New York attorney general says to sue Bank of America Corp Wells. Fargo& Co over mortgage practices. *Ny attorney general eric schneiderman says banks have violated terms of.
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Like Old Faithful, Yellowstone will open on time this season, thanks to fundraising efforts, but many federal programs are feeling the pain of sequestration cuts. The NYT reports.
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HOUSTON/ NEW YORK, May 5- The U.S. oil and gas renaissance that has bestowed unexpected prosperity on states from North Dakota to Pennsylvania and boosted distillate production to a record high in the Midwest is also causing pockets of fuel scarcity: just ask Arkansas.
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CALGARY, Alberta, May 3- Enbridge Inc. The leak is much smaller than some prior incidents on Enbridge's U.S. pipeline network. Enbridge said wildlife was not impacted by the leak and it is still assessing the environmental impact.
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CALGARY, Alberta, May 3- Enbridge Inc. The company said the line, which runs from Minot, North Dakota, to Clearbrook, Minnesota, and serves producers in the Bakken oil field, is expected to be closed for less than 24 hours while the cause of the leak is investigated. Enbridge said wildlife was not impacted by the leak and it is still assessing the environmental impact.
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WASHINGTON, May 3- General Electric Co has won U.S. antitrust approval to buy oilfield pump maker Lufkin Industries Inc, a $2.98 billion deal that will allow GE to sharply increase its presence in the fast-growing market to extract oil and natural gas from shale.
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WASHINGTON, May 3- General Electric Co has won U.S. antitrust approval to buy oilfield pump maker Lufkin Industries Inc, a $2.98 billion deal that will allow GE to sharply increase its presence in the fast-growing market to extract oil and natural gas from shale.
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NEW YORK, May 3- U.S. employment rose more than expected in April, pushing the unemployment rate to a four-year low of 7.5 percent, which could help ease concerns of a sharp slowdown in the economy. ANDREW GRANTHAM, ECONOMIST, CIBC WORLD MARKETS ECONOMICS, TORONTO:. DARRELL CRONK, REGIONAL CHIEF INVESTMENT OFFICER FOR WELLS FARGO PRIVATE BANK IN NEW YORK:.
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KANSAS CITY, May 2- Wheat yields and harvested acreage in Kansas will be hard hit by drought and recent cold weather that has hindered crop development in the biggest U.S. wheat state, scouts on an annual tour said.
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By Kristen Hays HOUSTON, May 2- Enterprise Products Partners. 600,000 barrels-per-day refinery in Port Arthur; Exxon Mobil Corp's 560,500 bpd Baytown and 344,500 bpd Beaumont plants; Marathon Petroleum Corp's 451,000 bpd Galveston Bay refinery; and Valero Energy Corp's.
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HOUSTON, May 2- Enterprise Products Partners. As production increasingly flows into that market from the Eagle Ford shale and Permian Basin in Texas, North Dakota's Bakken shale, other Midcontinent shale plays and Canada, "there will be a significant increase in crude oil bound for the Gulf Coast, the company said.