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North Dakota PSC hosting conference of energy regulators

BISMARCK, N.D. (AP) — The North Dakota Public Service Commission is hosting a conference of energy regulators from 14 states. The three-day Mid-America Regulatory Conference begins Monday in Bismarck and brings together utility and energy regulatory agencies in states from the Dakotas to Texas. North Dakota Public Service Commissioner Brian Kalk was elected president of the group last year. The ...

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Oil slump brings bargains, buyers to Bakken assets

As the oil price slump continues, investors are hunting for bargains on the hope they will eventually profit from the nation’s second largest oil play, reports the Wall Street Journal (WSJ). According to state data, hundreds of wells have been bought and sold in recent months. Those placing bets on long term profitability in the Bakken range from major O&G ...

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Zoning action delayed again on proposed $850M oil refinery

MEDORA, N.D. (AP) — Billings County leaders have once again delayed a decision on whether to approve an $850 million oil refinery on a 700-acre site only about 3 miles from Theodore Roosevelt National Park in western North Dakota. Houston-based Meridian Energy Group Inc. said the delay could prevent construction from starting this summer. Meridian plans a 55,000-barrel-per-day refinery between ...

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Watford City Mayor Brent Sanford balances governor’s ticket

Doug Burgum, Brent Sanford, North Dakota, governor, election

Brent Sanford knows and understands the issues that surround western North Dakota. Born and raised in Watford City, Sanford was elected mayor in 2010. Thanks to the Bakken oil boom, the city’s population jumped from about 2,000 to 12,000 during his tenure. The rapid increase in residents brought many challenges. Transport facilities were outdated. Water management needed to be upgraded. ...

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Iowa board votes to allow pipeline work to begin in state

DES MOINES, Iowa (AP) — The Iowa Utilities Board says a Texas company may begin construction on an oil pipeline in areas for which the company has approval. The three-member board approved an order on a 2-1 vote Monday that allows Dakota Access LLC, to begin laying pipe in areas outside U.S. Army Corps of Engineers jurisdiction. The Corps hasn’t ...

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A Microsoft star seeks to run North Dakota

BISMARCK, N.D. (AP) — A decade ago, then-Microsoft executive Doug Burgum stood before a cheering crowd at a technology conference in Dallas and introduced his boss, company co-founder Bill Gates, by describing what makes entrepreneurs successful. “Innovators are people who go against the grain” by taking risks and chasing dreams, said Burgum, who’d become a tech star in his own ...

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Top Bakken news stories – May 28 – June 3

Catch up on the news you missed last week with our weekly recap. Below are the top five articles that our readers found most engaging. Enjoy! 5. Interest in solar power soaring while utility seeks rate cut GREAT FALLS, Mont. (AP) — Interest in solar power is soaring in Montana because of the state’s sunny skies and profit potential. But NorthWestern Energy, ...

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Burgum’s business background promises prosperity for North Dakota

Doug Burgum

Doug Burgum’s commitment to community is moving statewide. The Fargo-based entrepreneur and philanthropist is running for North Dakota governor and promises to create an environment that’s welcoming to business. One area he will focus on is the energy industry. “Growing up, I was told we were going to run out of oil,” Burgum said. “There was an oil crisis shortly ...

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Possibility of Indian burial site stalls Dakota Access pipeline

Spectra Energy pipeline explosion

DES MOINES, Iowa (AP) — The possibility of an American Indian burial site in northwest Iowa may require relocation of a crude oil pipeline route and delay the beginning of construction in Iowa, the only one of four states where work hasn’t begun. The Dakota Access pipeline passes through the Big Sioux Wildlife Management area in Lyon County, traditional homeland ...

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Iowa Utilities Board to meet Wednesday on pipeline project

DES MOINES, Iowa (AP) — The Iowa Utilities Board has called a meeting for Wednesday to consider allowing construction to begin on an oil pipeline in areas outside federal jurisdiction. Houston-based Dakota Access LLC wants to begin digging the Iowa portion of a 1,150-mile pipeline from North Dakota to Illinois. Construction has begun in North Dakota, South Dakota and Illinois ...

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