Energy


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  • Marathon Oil Corporation Announces Key Officer Promotions

    Mar 6, 2024

    Houston - Feb. 29 - PRNewswire Marathon Oil Corporation (NYSE: MRO) announced that Rob L. White has been promoted to executive vice president and chief financial officer, effective May 1, and that Zach Dailey, vice president, Internal Audit, will succeed White as vice president, controller and chief accounting officer, effective May 1. White will replace Dane Whitehead, who informed the company of his intention to retire from Marathon Oil effective July 1, following more than seven years of...

  • 43rd Annual API Chili Cook Off March 23

    Mar 6, 2024

    Chili lovers! It's time to get together for some fun and some really tasty chili, all for a great cause. So far, 22 teams have registered for the 43rd annual chili cook off hosted by the Williston Basin chapter of API. The event takes place Saturday, March 23 at the Raymond Family Community Center, Williston. Doors open at 3 p.m .with chili being served at 5 p.m. CT. You must be 21 or older to attend. According to their website, the chili cook off is one of two major fundraisers for the...

  • Talk Looks At Ecological impact Of Renewable Energy Development

    Beth Redlin|Feb 28, 2024

    As the United States takes steps to address climate change, renewable energy development (particularly wind and solar) has become a critical component in reducing the nation’s carbon emissions. But as with many things, these new energy options bring their own sets of problems….and opportunities. This is the message being shared by Dr. Steve Grodsky, assistant professor of natural resources and the environment at Cornell University and an Assistant Unit Leader with the U.S. Geological Survey’s New York Cooperative Fish and Wildlife...

  • Industrial Commission Awards $21.8 Million In Grants & $153 Million In Loans In Latest Clean Sustainable Energy Program Grant Round

    Feb 7, 2024

    The North Dakota Industrial Commission, consisting of Gov. Doug Burgum, Attorney General Drew Wrigley and Agriculture Commissioner Doug Goehring, approved $21.8 million in matching grants and $153 million in loans during the latest grant round for the Clean Sustainable Energy program. The Clean Sustainable Energy Program was established in 2021 to advance the commercialization of low-emissions technologies for North Dakota’s energy industry and is funded by a combination of oil tax revenue and state-owned mineral royalties. The eight...

  • Williston Native Overcomes Challenges In Boxing Ring, Business & Life

    Barb Peterson|Jan 3, 2024

    Williston - Mike Palmer isn't afraid of getting knocked down in life or boxing. It's getting back up that's important. Palmer, 66, began his illustrious career in the oilfield and boxing ring after graduating from Williston High School in 1975. "I just remember, for whatever reason, I was infatuated with the oilfield and pursued it," said Palmer. He started his journey in the family business, but eventually branched out on his own, starting Petroleum Services 20 years ago. The business, which...

  • Goodnight Midstream Announces New Chief Financial Officer & Chief Strategy Officer

    Dec 6, 2023

    Dallas, Nov. 30 - Goodnight Midstream LLC ("Goodnight"), a portfolio company of Tailwater Capital LLC ("Tailwater") and leading provider of produced water handling services, has announced the addition of Kyle Irons as chief financial officer ("CFO") and Austin Anderson as chief strategy officer ("CSO"). "Irons and Anderson have worked together for over 10 years and have a track record of leveraging their complementary skillsets to create meaningful value through operational and commercial...

  • Hess Midstream LP Announces Signing Of Accretive $100 Million Sponsor Unit Repurchase

    Dec 6, 2023

    Houston - (Business Wire) - Nov. 14 - Hess Midstream LP (NYSE: HESM) (“Hess Midstream”), announced the execution of a definitive agreement providing for the repurchase of approximately $100 million of Class B units by its subsidiary, Hess Midstream Operations LP, from affiliates of Hess Corporation and Global Infrastructure Partners, Hess Midstream’s sponsors (the “Sponsors”). The terms of the proposed unit repurchase transaction were unanimously approved by the Board of Directors of Hess Midstream’s general partner, based on the...

  • Cerilon Holds Open House Nov. 8

    Jaymi Mozeak|Nov 29, 2023

    Cerilon, a company based out of Alberta, Canada held an open house at Trenton High School on Wednesday, Nov. 8. At the meeting, members of Cerilon’s leadership and technical teams were available to provide an update on the project and answer questions about the 24,000 barrel-per-day gas-to-liquids facility they are planning near Trenton. The facility will use natural gas which is abundant in the region to create premium quality synthetic energy products including lubricant base oils, ultra-low sulfur diesel, and naphtha. They explained some...

  • Energy Transfer Completes Acquisition Of Crestwood

    Energy Transfer LP Business Wire|Nov 15, 2023

    Dallas - Energy Transfer LP (NYSE: ET) (“Energy Transfer”) has announced the completion of its previously announced merger with Crestwood Equity Partners LP (“Crestwood”). The merger was approved by Crestwood unit holders at its special meeting of unit holders held on Oct. 30. Effective with the opening of the market on Nov. 3, Crestwood’s common units and preferred units ceased trading on the New York Stock Exchange (NYSE).Holders of Crestwood common units received 2.07 Energy Transfer common units for each Crestwood common unit...

  • ND Sen Patten Recognized By North Dakota Petroleum Council

    Katelyn Sponheim|Nov 1, 2023

    The North Dakota Petroleum Council recognized ND Senator Dale Patten Watford City for his service to the state and it's oil and gas industry at their annual meeting on Sept. 20, in Watford City. Patten was awarded NDPC's Outstanding Public Service Award for his career going above and beyond the "normal call of duty to make our state a better place to live and work". The award is designated to shine a spotlight on and thank elected officials, legislators, and public servants for "excellence in pu...

  • Hess Midstream LP Announces Signing Of Accretive $100 Million Sponsor Unit Repurchase

    Oct 4, 2023

    Jennifer Gordon, Investor, and Lorrie Hecker, Media, Houston--(Business Wire)--Hess Midstream LP (NYSE: HESM) ("Hess Midstream"), has announced the execution of a definitive agreement providing for the repurchase of approximately $100 million of Class B units by its subsidiary, Hess Midstream Operations LP, from affiliates of Hess Corporation and Global Infrastructure Partners, Hess Midstream's sponsors (the "Sponsors"). The terms of the proposed unit repurchase transaction were unanimously appr...

  • ONEOK Announces Completion Of Magellan Midstream Partners Acquisition

    ONEOK Inc|Oct 4, 2023

    Tulsa, OK, Sept. 25, 2023 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) (ONEOK) announced last week that it has completed its acquisition of Magellan Midstream Partners, L.P. (Magellan), creating a more diversified North American midstream infrastructure company focused on delivering essential energy products and services to its customers, and continued strong returns to investors. The transaction was approved by ONEOK shareholders and Magellan unitholders at their respective special meetings held on...

  • Goodnight Midstream Announces New President & C.O.O.

    Tailwater Capital|Oct 4, 2023

    Dallas, Sept. 26, 2023 /PRNewswire/ -- Goodnight Midstream LLC ("Goodnight"), a portfolio company of Tailwater Capital LLC ("Tailwater") and leading provider of produced water handling services in Permian Basin, Bakken, and Eagle Ford, recently announced Matthew Osborn will serve as the company's president and chief operating officer (COO). "We are honored to have Matt join our team and look forward to the leadership he will bring to our company," said Grant Adams, Goodnight Midstream CEO. "He...

  • Bakken Rocks Cookfest Comes Full Circle

    Roger Riveland|Aug 9, 2023

    The Bakken Rocks Cookfest, which is in its 14th year, was held again this year in Killdeer, coming full circle. The Cookfest began in 2009, being held in the towns of Killdeer and Belden that first year. Over the next 12 years there would be two Cookfest's each year in various towns around the western third of North Dakota. The past fests were held at: 2009: Belden and Killdeer; 2010: New Town and Tioga; 2011: Crosby and Watford City; 2012: Belfield and Ray; 2013: Parshall and Powers...

  • DOE Announces Plans To Purchase Another 6 Million Barrels Of Oil For Strategic Petroleum Reserve Replenishment

    Jul 19, 2023

    WASHINGTON, D.C. —The U.S. Department of Energy’s (DOE) Office of Petroleum Reserves announced that it plans to purchase about 6 million barrels of oil for the Strategic Petroleum Reserve (SPR), with receipts scheduled for October and November 2023. This purchase is in continuation of the Biden-Harris Administration’s replenishment plan and is the third solicitation that DOE has issued this year to repurchase oil for the SPR. DOE will pursue additional repurchase opportunities as market conditions allow. The solicitation is for crude oil...

  • Bakken GROW Program Will Provide Humanitarian Relief & Solid Employment For Ukrainian Refugees

    Jun 7, 2023

    Meagan Dotson The Bakken Global Recruitment of Oilfield Workers (GROW) Program is looking for sponsors for Ukrainian workers, with intentions of welcoming 25 new workers to North Dakota by July 2023. The North Dakota Petroleum Council (NDPC) launched this program in the spring of 2023 as a way to address the oil and gas industry's shortage of workers. "Due to the war between Russia and Ukraine, many Ukrainian citizens want to flee their country and come to America and work to make money to send...

  • Phoenix Capital Group Has Acquired Over 560 Net Mineral Acres For Purchase Price Exceeding $6M

    Apr 12, 2023

    DENVER--(BUSINESS WIRE)--Phoenix Capital Group Holdings, LLC, doing business as Phoenix Capital Group, is excited to announce it has acquired more than 560 net mineral acres for a purchase price that exceeds $6 million. The mineral interests are all located in Williams County, ND, and more specifically in township 158N range 96W. This most recent acquisition helps to expand Phoenix Capital Group’s geographic reach across the state of North Dakota while also further diversifying its expansive mineral portfolio. Williams County is a highly...

  • Burgum Applauds Judge's Ruling Ordering BLM To Resume Sales Of Oil & Gas Leases On Federal Lands

    Apr 12, 2023

    Gov. Doug Burgum applauded a ruling by U.S. District Court Judge Daniel Traynor ordering the federal Bureau of Land Management (BLM) to resume quarterly sales of oil and gas leases on public lands in North Dakota. “It should not take a court order to compel the Biden administration to obey the law, or to have the BLM do what it has been directed by Congress to do, but in this case it did, and we applaud Judge Traynor’s order which requires BLM to resume their lawfully required quarterly oil and gas lease sales,” Burgum said. “From the...

  • Williams County Issues Loan To Cerilon GTL ND As Development Plans Advance

    Feb 1, 2023
    1

    Williston, N.D., (Jan, 17) - The Williams County Board of County Commissioners have approved a loan of $10 million to Cerilon GTL ND for the purchase of land in the Marley Crossing area to construct a 24,000 barrel per day Gas-to-Liquids (GTL) plant with carbon capture and sequestration as a key component. The loan carries a 2.5% simple interest rate to be paid annually, which must be paid back within four years. The loan is secured by the property that is being purchased as well as farm and...

  • Newly Announced Energy & Economic Coordination Office To Streamline & Generate Economic Advancements Within North Dakota's Energy Industry

    Jan 11, 2023

    The EECO will serve as a unified avenue for industry experts to effectively coordinate with North Dakota energy entities to advance the state's energy strategy by supporting North Dakota's full energy portfolio. "This is an exciting addition to Commerce," Commerce Economic Development and Finance Director Rich Garman said. "We are incredibly blessed in North Dakota with our natural geology and energy abundance. The Energy and Economic Coordination Office will focus on working with all the...

  • Continental Resources Announce Lawler as President & CEO

    Dec 14, 2022

    OKLAHOMA CITY, Dec. 6, 2022 /PRNewswire/ -- Continental Resources, Inc. announced has President and Chief Operating Officer (COO) Doug Lawler will assume the role of President and Chief Executive Officer (CEO). "Doug is a transformative leader who will build on all we have achieved in our company's 55-years. Doug is exactly the right person to inspire our employees and grow our company and our culture as we meet the world's energy challenges. Operating as a private company unlocks endless...

  • MDU Resources Announces Five-Year Capital Investment Plan

    Dec 14, 2022

    BISMARCK, ND, Nov. 22, 2022 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) recently announced its plans to make capital investments totaling $3.5 billion over the five-year period from 2023 to 2027. "Our capital investment plan includes a number of key projects that are expected to provide organic growth across our businesses, with particular emphasis on upgrades and expansions to our electric transmission and distribution infrastructure and our natural gas transportation and...

  • Argus Expands Coverage Of Bakken Crude Pricing

    Argus Media|Nov 9, 2022

    Houston, Oct. 26, 2022 /PRNewswire/ -- Global energy and commodities price reporting agency Argus has broadened its coverage of one of the largest crude oil markets in the USA, adding critical price points to the complex market for Bakken crude. Produced in North Dakota and Montana, Bakken production of 1.2mn b/d is third only to the Permian and Eagle Ford basins in Texas and New Mexico. The grade is actively traded in the Midcontinent, Rockies and the Gulf coast, and sold to domestic and...

  • Omega Acquisition, Inc. Commences Cash Tender Offer For Shares Of Continental Resources, Inc.

    Continental Resources News|Nov 9, 2022

    Oklahoma City, Oct. 24, 2022 /PRNewswire/ - Omega Acquisition, Inc. (the "Purchaser"), an Oklahoma corporation, 100% of the capital stock of which is owned by Harold G. Hamm, Continental Resources, Inc. founder and Chairman of the Board of Directors (the "Board," "Continental" or the "Company"), has commenced a tender offer (the "Offer") to acquire all of the outstanding shares of common stock, par value $0.01 per share (the "Shares") of the Company, other than: (i) Shares owned by Hamm,...

  • Crusoe Energy Systems LLC Acquires Great American Mining (GAM)

    Oct 26, 2022

    Crusoe to Enhance Existing GAM Assets and Flare Mitigation Services Through Larger Scale, Advanced Operations and Technology DENVER--(BUSINESS WIRE)--Crusoe Energy Systems LLC (Crusoe) announced that it has acquired the operating assets of Great American Mining (GAM). The acquisition accelerates Crusoe’s Digital Flare Mitigation® (DFM) business through additional scale and customer relationships while enabling Crusoe to more efficiently reduce the impact of natural gas flaring using Crusoe’s patented DFM technologies and large-scale,...

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