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Top 5 Bakken news stories: April 16-22

Just in case you missed something last week, here is a recap of what articles Bakken.com readers found the most engaging from April 16 to 22. In addition to the recap, we’ve thrown in a bonus article about the Green River shale formation that appears to have resurfaced from the depths of old content. Enjoy! 5. Montana oil and gas lease ...

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Harold Hamm endorses Donald Trump for president

harold hamm endorses donald trump

On Friday Continental Resources CEO Harold Hamm endorsed Donald Trump for the 2016 Presidential Race, according to Reuters. Hamm, a shale industry pioneer and Mitt Romney’s 2012 energy adviser, called the real estate mogul a “business leader’s candidate” and that Trump has the “fortitude to make tough decisions.” In a public letter, Hamm wrote, “The next president of the United ...

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Energy sector movers, losers and news: crude prices improve, no production freeze necessary.

Last week major oil producers met in Doha, Qatar to discuss an oil production freeze. Again, no agreement could be reached and crude prices temporarily suffered. But, today WTI opened at $43.42 per barrel, 7.6 percent higher than last week when it closed Friday at $40.36 per barrel. Market Movers Shares of NGL Energy Partners LP (NYSE: NGL) gained 50 ...

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24 dead in Mexico petrochemical plant blast, 8 still missing

24 dead in Mexico petrochemical plant blast, 8 still missing

COATZACOALCOS, Mexico (AP) — The death toll from an explosion that ripped through a petrochemical plant on Mexico’s southern Gulf coast is now 24, state oil company Petroleos Mexicanos reported. Pemex raised the toll late Thursday from the 13 fatalities previously known and said eight workers remained missing. It also said 19 people remained hospitalized, with 13 of them in ...

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Feds: No nuclear waste to be used in possible South Dakota test

PIERRE, S.D. (AP) — Organizers of a federal effort to assess whether nuclear waste can be stored in 3-mile-deep holes are trying to better explain their intentions to South Dakota residents after getting rebuffed in North Dakota over concerns that waste might eventually be stored there. Battelle, a nonprofit group hired to manage the U.S. Department of Energy project, is ...

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North Dakota oil patch trash clean-up effort to begin

BISMARCK, N.D. (AP) — The North Dakota Petroleum Council’s annual Pick Up the Patch campaign is slated to begin in Minot and New Town on Friday. The effort is aimed at cleaning up garbage that’s littering the oil patch in western North Dakota. It’s being organized by community leaders and oil and gas companies operating in the area. Similar clean-up ...

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Oil tanker laden with North Dakota crude reaches Netherlands

North Dakota crude reached the Netherlands at the Port of Rotterdam. The Bakken crude shipment, sold by Hess Corp. is the first light crude to be shipped out from the U.S. since the oil export ban was lifted last December. (Image: Bart via Flickr)

BISMARCK, N.D. (AP) — A petroleum tanker laden with 175,000 barrels of North Dakota crude was being offloaded in Europe on Wednesday, the first such overseas shipment of the state’s oil since Congress lifted a 40-year ban on crude exports in December. North Dakota’s congressional delegation and industry officials hailed Hess Corp.’s shipment as a milestone that could open more markets in ...

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State audit critical of North Dakota’s Land Department

north dakota's land department

BISMARCK, N.D. (AP) — An audit of North Dakota’s Land Department has found scores of discrepancies with the agency’s practices, including ethical violations that included employees getting free meals and booze from contractors who manage state assets. The review, conducted by the state auditor’s office, criticized the agency for a “lack of an organizational culture of accountability” and found that ...

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