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British government OKs fracking at 1 site despite opposition

Britain fracking

LONDON (AP) — The British government has approved fracking at a site in northern England despite opposition from the local county council. The landmark decision by Communities Secretary Sajid Javid Thursday means the shale company Cuadrilla will be able to proceed with plans to develop a site in Fylde, 230 miles (370 kilometers) northwest of London. The government stopped short ...

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Report shows Bakken production increases for July

pump jack, north dakota oil production

Oilprice.com recently reported Bakken oil production was up 3,046 barrels per day in July, despite an overall down trend. The report shows a preliminary total of 13,255 producing wells and a current (September) rig count of 33. This compares to an all-time high of 218 in May 2012. The rig count continues to slowly increase. Oilprice noted that over 98 ...

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Oil pipeline protester accused of terrorizing officer

DAPL protest

MANDAN, N.D. (AP) — North Dakota authorities have issued an arrest warrant accusing a pipeline protester on horseback of charging at a police officer. Mason Redwing, of Fort Thompson, South Dakota, is wanted on felony charges of terrorizing and reckless endangerment in the Sept. 28 incident near St. Anthony. He’s also wanted on a previous warrant for criminal trespass. The ...

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SEC: Weatherford International oil firm to pay $140M fine

tax fraud, Weatherford International

HOUSTON (AP) — Oilfield-services company Weatherford International PLC has agreed to pay a $140 million fine to settle government claims that it used fraudulent tax accounting to inflate its earnings. The Securities and Exchange Commission announced the settlement Tuesday with Weatherford, which is based in Switzerland and has major operations in Houston. According to a settlement order, Weatherford issued financial ...

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North Dakota asks pipeline company to explain ranch purchase

BISMARCK, N.D. (AP) — North Dakota Attorney General Wayne Stenehjem is asking the developer of the four-state Dakota Access oil pipeline to explain its purchase of a ranch where a protest turned violent earlier this month. Texas-based Energy Transfer Partners recently purchased the 7,000-acre ranch last week for an undisclosed price. Stenehjem is giving the company 30 days to say ...

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Iran oil industry fires, blasts raise suspicions of hacking

Iran, hacking

DUBAI, United Arab Emirates (AP) — A series of fires at Iranian petrochemical plants and facilities have raised suspicions about hacking potentially playing a role, with authorities saying that “viruses had contaminated” equipment at several of the affected complexes. Iran officially insists the six known blazes over the span of three months weren’t the result of a cyberattack. However, the ...

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