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Top News & Analysis North Dakota

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  • WASHINGTON, April 2- The U.S. Transportation Department is completing work on a package of measures to control oil train dangers before the Obama administration finalizes a national safety plan expected by May, an official with knowledge of the plans said on Thursday. "The Transportation Department will not wait to take action on measures that could improve...

  • Drought Monitor, issued on Thursday by state and federal climate experts, said nearly 36 percent of the High Plains from Kansas to North Dakota was in moderate to exceptional drought, up from 28 percent a week ago. "To be seeing 90- degree temperatures in Texas, Oklahoma and Kansas in early April is disconcerting, causing crops to break dormancy rapidly and...

  • NEW YORK, April 2- Two weeks of thin declines in the U.S. rig count have raised expectations that drilling activity is nearing a pivotal level that could dent production, bolster prices and coax idle rigs back to the field after a precipitous cull since October. In the last week of January, rigs fell by 94, the biggest drop on record, according to a weekly survey by oil...

  • The EPA approved Enlist Duo on Oct. 15 with a series of restrictions aimed at addressing potential environmental and health hazards. At that time it said the herbicide could be used in six states- Illinois, Indiana, Iowa, Ohio, South Dakota and Wisconsin. The regulatory agency added nine more on Wednesday, all key farming states: Arkansas, Kansas, Louisiana, Minnesota,...

  • Here's why Obama is approving Arctic drilling again Wednesday, 1 Apr 2015 | 1:55 PM ET

    WASHINGTON, April 1- For a leader who has made fighting climate change a priority, President Barack Obama's decision to approve Royal Dutch Shell's return to oil and gas exploration off Alaska was seen by many environmentalists as a contradiction. But Shell, which has already spent about $6 billion exploring the Arctic, expects to return to polar waters this...

  • LONDON, April 1- More than 1 million barrels of crude oil move by train across the United States every day, according to data published for the first time by the government on Tuesday. The volume of crude shipped by rail has increased more than 50- fold in five years, from just 630,000 barrels in January 2010 to 33.7 million barrels in January 2015, the Energy...

  • WASHINGTON, March 30- U.S. oil trains delivered more than 13.5 million barrels of crude oil from the Midwest to the East Coast in January, according to government data that gives a first of its kind snapshot of such shipments. The data from the Energy Information Administration is the first if its kind from the independent statistics arm of the U.S. Energy...

  • With the price of crude plumbing lows not seen since 2009, Royal Dutch Shell, Whiting Petroleum Corp and many others are turning to rocket fuel, Big Data, lasers, spectrometers and other new or revamped technologies to do more for less. Baker Hughes Inc saw more client inquiries about products that increase efficiency of existing wells in the first three months...

  • March 26- Personal information gathered by RadioShack Corp from shoppers is not included in its sale, the consumer privacy ombudsman in the electronics retailer's bankruptcy case said in response to concerns shared by several states that the data could be sold. Her letter came as Oregon and Pennsylvania on Wednesday joined Texas and Tennessee in objecting...

  • WILLISTON, N.D., March 23- Business and community leaders in North Dakota's western oil patch have launched an aggressive campaign to convince more manufacturers to set up shop locally, part of a push to expand the area's economy beyond crude production and slash costs. The company, located on North Dakota's eastern edge, six hours from Williston, currently does...

  • *Google up as CFO to move from Morgan Stanley. *Whiting Petroleum shares tumble after share, note offering. NEW YORK, March 24- U.S. stocks fell for a second straight session on Tuesday, with equities maintaining a tight range that corresponded with currency fluctuations as traders focused on the dollar's strength and its possible effect on corporate earnings.

  • US STOCKS-Wall St drifts lower; Google buoys Nasdaq Tuesday, 24 Mar 2015 | 3:18 PM ET

    *Google up as CFO to move from Morgan Stanley. Declines on the Nasdaq were held in check by a boost from Google, up 2.3 percent to $578.24. Morgan Stanley's chief financial officer is leaving the bank to join Google.

  • States with the most multimillionaires Tuesday, 24 Mar 2015 | 1:32 PM ET
    Wealth United States

    The number of Americans worth $30 million or more grew by 6 percent last year, according to a new Wealth-X report.

  • *Google up as CFO to move from Morgan Stanley. The Nasdaq outperformed other major indexes, boosted by a 2.6 percent gain in Google shares to $579.94. Morgan Stanley's chief financial officer is leaving the bank to join Google.

  • US STOCKS-Wall St little changed; Google boosts Nasdaq Tuesday, 24 Mar 2015 | 10:52 AM ET

    *Google up 2 pct as CFO to move in from Morgan Stanley. The Nasdaq outperformed other major indexes, boosted by a 2 percent gain in Google shares. Morgan Stanley's chief financial officer is leaving the bank to join Google.

  • The state that drills the most on Uncle Sam's turf Tuesday, 24 Mar 2015 | 9:41 AM ET
    Wyoming's Teton Mountains

    The state that could be most affected by proposed fracking rules is not top producer Texas or booming North Dakota.

  • *Google up 1 pct as CFO to move in from Morgan Stanley. *Whiting Petroleum shares tumble after share, note offering. Traders are "focusing on the effect on the dollar" after recent data, said Peter Jankovskis, co-chief investment officer at OakBrook Investments LLC in Lisle, Illinois.

  • US STOCKS-Futures tick up ahead of data Tuesday, 24 Mar 2015 | 7:34 AM ET

    *Whiting Petroleum shares tumble after share, note offering. Shortly after the opening bell on Wall Street, Markit's preliminary gauge of factory activity this month is due. *Whiting Petroleum Corp fell 13 percent in premarket trading after North Dakota's largest oil producer announced an offering of 35 million shares and a $1.75 billion mix of notes and...

  • US drillers scrambling to thwart OPEC threat Tuesday, 24 Mar 2015 | 7:17 AM ET
    Workers stand next to water service tanks at an Anadarko Petroleum hydraulic fracking site near Dacono, Colorado.

    OPEC and lower global oil prices delivered a one-two punch to the drillers in North Dakota and Texas. Now they are fighting back.

  • WILLISTON, N.D., March 23- Whiting Petroleum Corp, the largest North Dakota oil producer, said on Monday it would sell 35 million shares of common stock to help pare debt from its December buyout of rival Kodiak Oil& Gas. In offering stock, Whiting follows the path of fellow North Dakota producer Oasis Petroleum Inc, which last month said it would issue 25 million...