Top News & Analysis North Dakota


  • Nov 19- Several large U.S. funds that boosted their stakes in Allergan Plc in recent months appear to be optimistic about the company's growth prospects, even before Pfizer's reported $150 billion takeover bid for the botox maker. Pfizer Inc is negotiating to buy Allergan, which also makes dry eye treatments, for $370 to $380 per share, a person familiar with the...

  • Mitch McConnell

    Many senators who voted this week to block EPA coal rules received healthy campaign donations from coal industry interest groups.

  • "I do not think there is much going on out there," said Mike Krueger, president of the Money Farm, a grain market advisory service near Fargo, North Dakota. Chicago Board of Trade January soybean futures settled up 4-1/ 2 cents at $8.64 a bushel. Chicago Board of Trade December wheat futures dropped 6-1/ 2 cents to $4.87-1/ 2 a bushel.

  • WILLISTON, N.D., Nov 13- The number of oil wells in North Dakota that have been drilled but not fracked eclipsed 1,000 for the first time in September, as producers delayed turning them on in hopes crude prices will soon recover. The milestone, which was widely expected around the second-largest oil producing state, highlights the immense cost pressure companies...

  • Drillers added 2 oil rigs in the week ended Nov. 13, bringing the total rig count up to 574, oil services company Baker Hughes Inc said in its closely followed report. In the minutes after Baker Hughes released the report, U.S. crude prices dipped about 20 cents to around $40.50 a barrel. U.S. crude futures for next year were trading around $46 a barrel, according to the...

  • Senator John Hoeven, a Republican from North Dakota. The 1970 s-era ban on most oil exports is deeply unpopular in North Dakota and other crude-producing U.S. states, with energy executives chafing at the limited access to global markets. The Senate and House of Representatives have each passed versions of the proposal.

  • LONDON, Nov 12- U.S. natural gas production hit a new record in August, despite the deepening slump in gas prices and a fall in the number of rigs targeting gas formations. The United States produced 2.5 trillion cubic feet of gas in August, up 7 percent compared with the same month in 2014, according to the U.S. Energy Information Administration.

  • NEW YORK, Nov 12- Atlantic City, New Jersey's fiscally distressed gambling hub, posted the highest U.S. metro foreclosure rate in October for the fourth month in a row, according to data released on Wednesday. Atlantic City's total foreclosure activity soared 134 percent from a year ago. The city and surrounding area are still reeling from the closure of four of...

  • WILLISTON, N.D., Nov 11- North Dakota's public universities have launched a scholarship program to enroll laid-off oilfield workers in energy classes, contending their best path to a new job is learning mechanical and computer skills. Still, there are more than 200 open oilfield jobs in North Dakota's four largest oil producing counties, according to state data,...

  • NEW YORK, Nov 10- U.S. oil and gas exploration and production company Anadarko Petroleum Corp has approached Apache Corp with a potential acquisition as low crude oil prices prompt companies to seek merger partners, according to a person familiar with the matter. On Sunday, Bloomberg News reported that Houston, Texas based Apache, which has operations in Egypt,...

  • HOUSTON, Nov 10- Financial distress is soon expected to trigger long-awaited sales of oil and gas properties in North Dakota's Bakken and Texas' Eagle Ford basin, the chief executive of Anadarko Petroleum Corp said on Tuesday. "We've not really seen good distressed assets make their way into the market," CEO Al Walker told investors at Bank of America Merrill...

  • The views from the top ranks of Exxon Mobil, BP and Total were given at an industry conference in Abu Dhabi as key officials from the Organization of the Petroleum Exporting Countries said they expect better prices in 2016.. BP's and Exxon Mobil's heads of exploration and production Lamar Mckey and Jack Williams both said low oil prices would stay for a while and...

  • After steadily rising on the back of America's shale revolution, wage growth for exploration and production professionals has essentially gone flat.

  • A pro-Euro protester holds a European Union and a Greek national flag during a rally in front of the parliament building in Athens, Greece, July 9, 2015.

    If the EU were a fiscal union like the U.S., then what state would Greece be most like? Which of us take more from the government than they give back?

  • Floor hands work on an oil rig in the Bakken shale formation outside Watford City, North Dakota.

    The sharp drop in oil prices is squeezing drilling operations in North Dakota and the Bakken Formation. Will players in the region survive?

  • Top States 2015: North Dakota

    Despite falling oil prices, the booming Peace Garden State hasn’t gone quiet. An influx of workers offsets a lack of innovation.

  • Minneapolis, Minnesota.

    Here are the states that get the highest marks for access to capital, skilled labor and the best incentives for businesses of all sizes.

  • Moving van

    A CNBC analysis shows that many states with the highest per capita in taxes are also seeing the most net migration to lower-tax states.

  • A floorhand works on an oil rig in the Bakken shale formation outside Watford City, North Dakota.

    After another month of soaring layoffs in the oil patch, recruiters says employers are taking a pause as crude prices recover.

  • A BNSF oil train derailed near Heimdal, N.D., on May 6, 2015.

    A North Dakota town was evacuated after an BNSF oil train derailed.