Dickinson, N.D. (UPI) May 5, 2015 - A new refinery in North Dakota, the first of its kind in the country in nearly 40 years, will help drive the state's economy forward, MDU Resources said.
Washington DC (SPX) May 05, 2015 - Even as financial commentators on CNBC are starting to come around to the idea of a bottom in oil prices, the key question for US oil producers remains one of timing. How long will the oil price slu
Missoula MT (SPX) May 05, 2015 - Improved drilling technologies and energy demand have resulted in the large-scale expansion of oil and gas development, with 50,000 new wells drilled per year recently in central North America. Loca
London, UK (SPX) May 05, 2015 - Tesla's announcement last week about creating a new line of batteries for use by businesses, consumers, and the electrical grid at large is a game-changer for the industry. Currently, when individua
Houston (UPI) May 5, 2015 - Though net profits and spending are down, companies working in U.S. shale basins are finding well costs going down while production forecasts grow.
London, UK (SPX) May 05, 2015 - Outside of individual's holding oil stocks, damage to the economy from the fall in oil has been pretty minimal so far. Indeed, the price cut in home heating oil and gasoline has probably outweighed
Houston (UPI) May 4, 2015 - One of the largest rig services companies in the world, Diamond Offshore Drilling, said Monday it lost $256 million during the first quarter of the year.
New York (UPI) May 4, 2015 - A running of the bulls in the Chinese stock market pushed oil prices into positive territory Monday, with major indices up nearly a full percent.
Brussels (UPI) May 4, 2015 - Efforts to diversify the European energy sector should reach beyond its borders to countries like Norway and Turkmenistan, a European gas official said Monday.
Tehran (UPI) May 4, 2015 - Delegates from the U.S. oil industry are expected in Tehran to explore the possibility of conducting business there, Iran's deputy oil minister said Monday.
Brussels (UPI) May 4, 2015 - A recent article in the New York Times written by the Iranian foreign minister, Mohammad Javad Zarif, was breathtaking in its hypocrisy.
Bismarck, N.D. (UPI) May 4, 2015 - Oklahoma has 20 percent more rigs in active service than North Dakota as shale activity in the United States evolves, state data show.
College Park, Md. (UPI) May 4, 2015 - One is the loneliest number. It's also the number of materials needed to store and transfer energy - that is if you are an inventive engineer from the University of Maryland.
Washington DC (SPX) May 03, 2015 - Last night the EIA once again capitulated on the myth that rig counts don't matter and the productivity of wells would largely offset, leaving the industry on a continuous path to higher output. The
Silver Spring MD (SPX) May 03, 2015 - Scientists with the Ecotoxicology Program at NOAA's Northwest Fisheries Science Center in Seattle have been working to understand those effects. Along with our research partners, said Nat Scholz,
Berkeley CA (SPX) May 03, 2015 - The continual increase in global incomes means people are living more comfortably, including having the ability to afford air conditioning. Staying cool is good but there's a wealth of fallout. The
