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Tag Archives: Dakota Prairie Refinery

Tesoro Corp. buys struggling oil refinery in North Dakota

BISMARCK, N.D. (AP) — Texas-based Tesoro Corp. has bought an oil refinery in southwestern North Dakota that has struggled to turn a profit due to a dramatic fall in demand and low diesel prices. North Dakota-based MDU Resources Group Inc. and Indianapolis-based Calumet Specialty Products Partners LP spent $430 million on the Dakota Prairie Refinery in Dickinson. It has not ...

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Top Bakken news stories – April 23-May 6

The weekly Bakken recap was put on hiatus last week due to forgetfulness and we humbly apologize. To make up for lost time, we reached back a couple weeks. However, it turns out the week we missed was rather uneventful for the Bakken. This past week, however, was exciting for a variety of reasons, most of them not good (i.e. ...

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New Bakken refinery could bring jobs to Dickinson area

With the proposed Bakken refinery, Belfield, North Dakota might soon be the site of the second new refinery built in the United States since 1976.

The area west of Dickinson might soon get another diesel refinery, reports the Dickinson Press. California-based Meridian Energy Group Inc. says its focus on the development of what it’s dubbed the “Davis Refinery” is a reflection of its commitment to operating in the Bakken oil patch “with a commitment to the future and an eye to the big picture.” If ...

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MDU Resources Group delays plan for diesel refinery in Minot

BISMARCK, N.D. — Developers of a recently completed diesel refinery near Dickinson say they’re delaying plans for a second factory in the Minot area due to market conditions. Bismarck-based MDU Resources Group and Indianapolis-based Calumet Specialty Products Partners built the $430 million Dakota Prairie Refinery near Dickinson. It began selling fuel in May but has lost money in its first ...

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North Dakota’s newest refinery loses money in second quarter

DICKINSON, N.D. — North Dakota’s newest oil refinery lost money in its first few months of operation. The Dakota Prairie Refinery near Dickinson lost nearly $3.9 million in the second quarter, the Bismarck Tribune reported. MDU Resources Group cited “extremely difficult market conditions” for diesel fuel. Factors included higher prices for western North Dakota crude and an increase in demand ...

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Excerpts from recent North Dakota editorials

New diesel refinery an asset to state The Bismarck Tribune, Bismarck, July 2, 2015 Economic development in the state advanced further in April, when Dakota Prairie Refinery went online. The refinery is the first greenfield, meaning new from top to bottom, built in the U.S. since 1976. The refinery is important to the state for a number of reasons. It ...

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Grand opening held for $430M oil refinery at Dickinson

DICKINSON, N.D. — Officials have formally dedicated a new oil refinery in western North Dakota. Bismarck-based MDU Resources Group and Indianapolis-based Calumet Specialty Products Partners built the $430 million Dakota Prairie Refinery near Dickinson. Officials on Monday held a grand opening celebration. Gov. Jack Dalrymple and U.S. Sens. John Hoeven and Heidi Heitkamp were on hand. Crews broke ground on ...

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