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Exclusives

Update: Forest Oil Corp. shareholders approve merger

pumpjack

On Wednesday, Denver-based Forest Oil Corp. announced the sale of its natural gas properties in the Arkoma Basin for $185 million. Today, the company held a special shareholders meeting to approve or disapprove the merger of Forset Oil with Houston-based company Sabine Oil & Gas LLC. According to the Denver Business Journal, after a vote this afternoon, the merger has ...

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Technip offers $1.8B for seismic company

microseismic seismic

Technip is offering to pay CGG, a French oil and gas reservoir data and seismic equipment company $1.8 billion to purchase the company, but so far the offer has been declined. Technip, a Paris-based oil and gas equipment supplier, stated it had contacted CGG on November 10 with a $10.40-per-share tender offer. According to Collin Eaton of Fuel Fix, the ...

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Tesoro Chairman steps down at the end of the year

tesoro

Tesoro Corp. Chairman Steven H. Grapstein has announced that he will be stepping down from the position at the end of the year, but will remain on the company’s board. The company’s president and CEO, Greg Goff, will fill the position of chairman on December 31, 2014.  Susan Tomasky, chair of the governance committee, will take over as the independent ...

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Fox taking initiative on tribal oil problems

New Town transload

At the ribbon cutting ceremony for the new bypass in New Town, new Three Affiliated Tribes Chairman Mark Fox had a meeting about the oil industry on the reservation with Gov. Jack Dalrymple. No less than two weeks into his position Fox claims he is ready to ‘tackle the issues that the previous administration was not apt to do.’  Fox ...

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#TBT Williston Amtrak station

Amtrak

The Williston, N.D. Amtrak station in 2007 may look about the same as it does now, but, so much has changed underneath. The influx of workers traveling looking for a new life in North Dakota has transformed the western part of the state into a jobs mecca, a modern depiction of the American dream. This Amtrak station is the busiest ...

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Federal advisory warns against pipeline reversals

In a recent advisory, federal regulators are warning that reversing the flow of oil and gas pipelines or changing the product they carry could have a major impact on a line’s safety and integrity. This is the first time the Pipeline and Hazardous Materials Safety Administration (PHMSA), a division of the Department of Transportation, has formally warned the industry about ...

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“This film is not going to be about the oil field, it is going to BE the oil field.”

north dakota

Today the Examiner released an article profiling one of the oil field’s premiere artists, filmmaker Nathan Anderson. Anderson started the website NoDakFilms.com in order to showcase the beauty and culture of North Dakota.  His goal is for the state to have a State Film Office, citing that North Dakota is the only one that does not have one. Anderson recently ...

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Keystone controversy: Is Canadian dilbit the “dirtiest” oil out there?

As the vote to pass the Keystone XL Pipeline headed to the Senate floor yesterday, researchers with California’s Low Carbon Fuel Standard have released new data on the ‘cleanliness’ of North America’s ‘dirty’ oil, and the results may surprise you. Before I unveil the results of the study, let’s backtrack ever-so-slightly and bring back an issue relevant to the findings of ...

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Billings no longer refinery site

Billings Montana

Earlier this year Quantum Energy Inc. announced that they were planning on building a refinery in Billings, Montana. However, a few days ago the Billings Gazette announced that the project has been cancelled. The company still plans to build diesel refineries in the Bakken area. Sites that are included in Quantum’s plan include Stanley, Baker and Fairview North Dakota. The ...

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