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Xcel’s wind energy project progresses

xcel

    Xcel Energy is halfway to winning the regulatory approval it needs to move forward with a 750-megawatt wind energy project — enough to power about 200,000 homes. The Minneapolis-based utility said Thursday that the Minnesota Public Utilities Commission has signed off on the plan, which includes the construction of two wind farms in Minnesota and two more in ...

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Natural gas boom furnishes no price drop

natural gas

Leave it to British wits to put to rest any notion that the world’s winter energy woes have been eliminated by the North American natural gas boom. They let loose Thursday, soon after Great Britain’s largest energy supplier, British Gas, announced a 10 percent price hike to go into effect on the eve of the cold season. In what will ...

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Oil production in the Bakken to stay on the raise (perspective)

oil

  Photo credit: ConocoPhillips   Oil continues to flow out of North Dakota’s Bakken Shale at an incredible pace. The latest data available is from August, where production topped 910,000 barrels of oil per day. That has the state’s Mineral Resources Department seeing oil production topping one million barrels per day by early next year at the latest. That’s great ...

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Texas oil boom towns prepare for a possible oil bust

texas

MIDLAND, Texas – In a faded West Texas town dotted with vacant buildings and potholed streets is a sparkling storefront window and a curious display: rows of diamond-studded Rolex watches, awaiting buyers whose pockets are packed with oil money. The surge in oil drilling has drawn money and men like a magnet to run-down communities that haven’t seen a boom ...

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Tesoro Logistics releases statement on ND oil spill

tesoro

Tesoro Logistics LP experienced a pipeline release of crude oil to soil of approximately 20,000 barrels in a rural field northeast of Tioga, North Dakota. The affected segment of the pipeline has been temporarily shut down, the release has been stopped and repairs are underway. There had been no injuries or known impacts to water, wildlife or the surrounding environment ...

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Lawsuits filed against oil companies for flaring natural gas

flaring

Lawsuits filed against oil companies for flaring natural gas in ND By: Amy Dalrymple, Forum News Service, INFORUM   WILLISTON, N.D. – North Dakota mineral owners filed lawsuits Wednesday against 10 oil and gas companies seeking damages for natural gas that was flared. “The lawsuits seek to force operators to comply with state law and pay royalties to mineral owners on ...

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Company makes $750 million play for assets in Bakken Shale

crestwood

Crestwood Midstream Partners has taken a major step to meeting its goal of owning assets in the core areas of the major U.S. shale plays. The Houston-based midstream developer has acquired Arrow Midstream and its oil, gas and water gathering facility for roughly $750 million. The purchase will provide many benefits to the company, according to Robert Phillips, president and ...

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North Dakota Petroleum Council forms natural gas flaring task force

gas flaring

According to a press release from the North Dakota Petroleum Council (NDPC), a task force has been formed to lead the industry’s efforts to drastically reduce natural gas flaring in North Dakota’s Bakken oilfields. The Flaring Task Force will officially address the North Dakota Industry Commission (NDIC) at 1:15 p.m. on October 22, 2013, and will present a report to ...

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