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BISMARCK, N.D.— North Dakota's Land Board has awarded $7.8 million in grants to schools in the state's oil-producing region. Officials say the grants are part of a program aimed at helping communities deal with the effects of rapid energy development. The Land Board announced Thursday that it approved funding for 33 projects.
NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. Twitter Inc., up $7.71 to $46.30. United States Steel Corp., up $5.36 to $33.03.
FARGO, N.D.— American Crystal Sugar Co. CEO David Berg should testify in a federal lawsuit pitting the refined sugar manufacturers against the corn syrup industry, a federal judge ruled Wednesday after presiding over a hearing in the case. Berg argued that American Crystal Sugar did not participate in the lawsuit and he could not offer relevant information.
July 30- Hess Corp said on Wednesday it would form a master limited partnership for its North Dakota oil and natural gas storage facilities and processing plants, taking advantage of a key financial trend in the energy sector to generate cash.
Hess Corp. is also looking into an initial public offering for the potential master limited partnership. The company is now focused more intently on exploration and production, particularly within the Bakken Shale fields in North Dakota.
July 30- Oil and natural gas producer Hess Corp said it plans to form a publicly traded master limited partnership comprising its pipeline and storage assets in North Dakota's Bakken oil shale field. Hess said it expected the MLP to file a registration statement with the U.S. Securities and Exchange Commission in the fourth quarter.
July 30- Oil and natural gas producer Hess Corp said it plans to form a publicly-traded master limited partnership comprising its pipeline and storage assets in North Dakota's Bakken oil shale field. Hess said it expects the partnership to file a registration statement with the U.S. Securities and Exchange Commission in the fourth quarter.
WILLISTON, N.D.— President Theodore Roosevelt once came to North Dakota's Badlands to find solitude and solace amid the area's "desolate, grim beauty." The epicenter is a 45- mile stretch of U.S. Route 85 between the towns of Williston and Watford City. Follow AP photographers and photo editors on Twitter: http://apne.ws/1ox8vgG.
WASHINGTON, July 28- The U.S. Commerce Department has put on hold at least two companies' requests for permission to sell lightly processed crude abroad, effectively stalling an industry push to export an expanding glut of oil amid the U.S. shale revolution, sources said.
LONDON, July 28- "The world of energy may have changed forever," according to Professor James Hamilton of the University of California. "Hundred dollar oil is here to stay." Hamilton, who is one of the most respected economists writing about oil, made his bold prediction in a paper on "The Changing Face of World Oil Markets", published on July 20.
FARGO, N.D.— Milk production in North Dakota during April, May and June was down 7 percent from the second quarter of 2013.. The Agriculture Department says production during the three-month period this year totaled 83 million pounds, down from 89 million pounds the previous year.
As American education focuses on closing the gap between the classroom and employers' needs, programs in North Carolina, California and elsewhere are putting teachers temporarily in the workplace. He is wrapping up a five-week stint in the research and development labs of a Danish company in Franklinton, about 30 miles north of Raleigh.
WILLISTON, N.D.— Cleanup efforts at the still-smoking site of an oil field supply company in North Dakota that caught fire earlier this week could take weeks, an Environmental Protection Agency Official said Friday.
HOUSTON, July 25- Exxon Mobil Corp is considering a multibillion-dollar plan to expand its Beaumont, Texas, refinery into the country's largest, the first major refining investment of the U.S. shale oil boom, people with knowledge of the deliberations said.
Of the major oil- and gas-producing states, North Dakota and Louisiana gained six each, Ohio and Oklahoma were up two apiece and Colorado one. Texas lost 10 rigs, Alaska was off four, California and New Mexico were down two each and Kansas and Pennsylvania each dropped one. Arkansas, Utah, West Virginia and Wyoming were unchanged.
Michigan Attorney General Bill Schuette and Dan Wyant, director of the Department of Environmental Quality, said they had put Enbridge Energy Partners LP on notice following the company's acknowledgement it was partly out of compliance with an agreement dating to 1953, when the pipelines were laid in the Straits of Mackinac.
The train originated in North Dakota and was bound for Tesoro Corp's 120,000 barrel-per-day Anacortes oil refinery, 80 miles north of the city, Tesoro confirmed.
SEATTLE— Nothing spilled when three tanker cars in an oil train from North Dakota derailed at a rail yard early Thursday, but it alarmed environmentalists. "This is a warning of how dangerous this could be," said Kerry McHugh, communications director for the Washington Environmental Council.
WILLISTON, N.D.— Officials need to improve communication with residents of North Dakota's booming oil patch during potentially dangerous situations, an emergency manager and residents said, after an oil field service supply facility storing toxic chemicals exploded this week and authorities failed to alert the public for more than six hours.
Charging documents said Oliver solicited prepayments of nearly $7.9 million for steel buildings— mostly from residents of Montana, North Dakota and South Dakota— between October 2010 and December 2011, but he only completed one building.