BISMARCK, N.D. (AP) - A Texas company has obtained enough shipping commitments from oil companies to build a 1,100-mile pipeline from western North Dakota to Illinois. Dallas-based Energy Transfer Partners LP said Thursday in a statement that the "Bakken Pipeline"...
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Month: July 2014
PROSECUTORS ARE READING EMAILS FROM INMATES TO LAWYERS
New York - The extortion case against Thomas DiFiore, a reputed boss in the Bonanno crime family, encompassed thousands of pages of evidence, including surveillance photographs, cellphone and property records, and hundreds of hours of audio recordings. But even as Mr....
WHITING PETROLEUM TO BUY KODIAK OIL & GAS
Whiting Petroleum Corporation on Sunday said it would buy Kodiak Oil & Gas Corporation for $3.8 billion in stock, and assume $2.2 billion of Kodiak's debt. The deal will unite two big exploration and production companies, both of which have a strong presence in...
BLOCKBUSTER BAKKEN DEAL MAY PUT A BIT MORE OIL IN TRADERS’ HANDS
Reuters NEW YORK - A $6 billion takeover to create the biggest oil producer in the Bakken shale may also open up new opportunities for some big traders who ship oil from North Dakota and Montana to market. Over the weekend, Whiting Petroleum Corp said it would acquire...
DALRYMPLE ON REGULATORY PUSH TO REDUCE BURN-OFF BY BAKKEN OIL PRODUCERS
North Dakota is at the epicenter of the Bakken Shale oil-production boom that has lifted U.S. crude production to multiyear highs. While that development has brought investment and jobs to the once hard-pressed state, the pace of growth has posed a challenge in terms...