Top News & Analysis North Dakota

  • June 22- A federal judge in Wyoming has set aside new regulations for hydraulic fracturing on public lands, a victory for oil and gas producers who vehemently opposed the rules. District Judge Scott Skavdahl in Wyoming ruled on Tuesday. Skavdahl said the issue before the court was not whether hydraulic fracturing is good or bad, but whether Congress gave the...

  • *Britain to vote on EU membership on Thursday. June 20- Wall Street rose sharply on Monday, with the S&P and the Dow recovering last week's losses after the latest polls showed an increased possibility of Britain remaining in the European Union. "If I had a seatbelt while watching the markets, I'd put it on," said Kim Forrest, senior equity research analyst at Fort Pitt...

  • HOUSTON, June 20- Two years into the worst oil price rout in a generation, large and mid-sized U.S. independent producers are surviving and eyeing growth again as oil nears $50 a barrel, confounding OPEC and Saudi Arabia with their resiliency. That shale giants Hess Corp, Apache Corp and more than 25 other companies have beaten back OPEC's attempt to sideline them...

  • Rig supervisor David Crow shows off the oil rig he manages for Elevation Resources at the Permian Basin drilling site in Andrews County, Texas.

    Some analysts are taking a brighter view of U.S. drillers with superior assets and strong balance sheets as oil markets balance.

  • The law, signed into law in March 2015 by Republican Governor Jack Dalrymple, exempted dairy and swine production from the state's Depression-era corporate farming prohibition. "Thank you, North Dakota," the farmers union said on Twitter. State laws prohibiting corporations and foreign entities from owning U.S. farmland complicated a $4.7 billion...

  • June 14- Wall Street dropped for a fourth straight session on Tuesday as central bank policymakers weighed the health of the U.S. economy and investors worried about an upcoming vote in Britain on whether to leave the European Union. While traders have discounted a rate increase this month, they will parse Fed Chair Janet Yellen's comments on Wednesday for...

  • State laws prohibiting corporations and foreign entities from owning U.S. farmland complicated a $4.7 billion acquisition in 2013 of U.S. pork producer Smithfield Foods by China's Shuanghui International. The North Dakota groups are campaigning for a "No" vote on the referendum, rejecting Senate Bill 2351, which was signed into law in March 2015 by...

  • State laws prohibiting corporations and foreign entities from owning U.S. farmland complicated a $4.7 billion acquisition in 2013 of U.S. pork producer Smithfield Foods by China's Shuanghui International. The North Dakota groups are campaigning for a "No" vote on the referendum, rejecting Senate Bill 2351, which was signed into law in March 2015 by...

  • State laws prohibiting corporations and foreign entities from owning U.S. farmland complicated a $4.7 billion acquisition in 2013 of U.S. pork producer Smithfield Foods by China's Shuanghui International. The North Dakota groups are campaigning for a "No" vote on the referendum, rejecting Senate Bill 2351, which was signed into law in March 2015 by...

  • *May retail sales rise 0.5 pct vs est. 0.3 pct. June 14- Financial stocks weighed on Wall Street on Tuesday ahead of the Federal Reserve's policy meeting as traders see very slim chances of a rate hike in the near term. While traders have discounted a rate increase this month, they will parse Fed Chair Janet Yellen's speech at a conference on Wednesday for clues on the...

  • June 13- U.S. shale oil output is expected to fall in July for the seventh consecutive month, according to a U.S. government forecast on Monday, despite a recent rally in crude prices to an 11- month high over $51 a barrel. Total output is expected to fall 118,000 barrels per day to 4.723 million bpd in July, according to the U.S. Energy Information Administration's...

  • June 13- U.S. shale oil output is expected to fall in July for the seventh consecutive month, according to a U.S. government forecast on Monday, despite a recent rally in crude prices to an 11- month high over $51 a barrel. Total output is expected to fall 118,000 barrels per day to 4.723 million bpd in July, according to the U.S. Energy Information Administration's...

  • June 10- U.S. energy firms this week added rigs drilling for oil for a second week in a row for the first time since August, energy services firm Baker Hughes Inc said on Friday, after crude prices this week rallied to an 11- month high over $51 a barrel. RIG-OL-USA- BHI> Two of those oil rigs were added in the Bakken shale producing region in North Dakota, bringing the...

  • WASHINGTON, June 9- Twenty-one U.S. states led by Texas and Arkansas on Thursday announced a lawsuit against Delaware, accusing it of violating federal law by snatching up to $400 million in unclaimed checks that should have gone to other states. "Delaware has our money," Texas Attorney General Ken Paxton said at a news conference outside the U.S. Supreme Court.

  • FREEPORT, Texas, June 9- The United States boasts the world's largest stash of emergency oil supplies, yet the country's ability to influence global crude markets with releases from that reserve has waned. The Energy Department is expected to send Congress a report detailing a proposal to modernize the SPR, a string of crude-filled underground salt caverns...

  • FREEPORT, Texas, June 9- The United States boasts the world's largest stash of emergency oil supplies, yet the country's ability to influence global crude markets with releases from that reserve has waned. The Energy Department is expected to send Congress a report detailing a proposal to modernize the SPR, a string of crude-filled underground salt caverns...

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