Category Archives: Industry News

Williston STAR Fund provides stellar impact on community development

By Barbara Peterson, Marketing Coordinator, Williston Economic Development The Williston STAR Fund is having a stellar impact on community development. The Williston City Commission has awarded nearly $1 million in STAR Fund grants to 30 businesses since June of 2017. The grants are aiding projects totaling almost $12 million in…

PSC approves permit for expansion of the Bear Creek Gas Plant

The North Dakota Public Service Commission (PSC) has approved a siting permit for the expansion of the Bear Creek Gas Plant in Dunn County. The permit was approved during the commission’s April 11 meeting. “Bear Creek is one of several gas processing projects under development in the state,” said commission…

Moody’s: US tax law changes are a net positive for oil and gas companies

The effects of recent U.S. tax law changes on the oil and gas industry range from mildly to significantly positive, Moody’s Investors Service says in a new report. While the changes are mostly positive for the refining and marketing sector, which generates considerable taxable income when refining margins are cyclically…

COSIA marks fifth consecutive year of progress in oil sands innovation

At its 2017 annual Performance Update, Canada’s Oil Sands Innovation Alliance (COSIA) showcased advances towards its goal of accelerating the pace of environmental performance in Canada’s oil sands. To date, members of Canada’s Oil Sands Innovation Alliance (COSIA) have voluntarily shared 981 distinct environmental technologies costing $1.4 billion. Since its…

Continental resources announces Rory R. Sabino as new vice president for investor relations

Mr. Sabino has more than two decades of institutional equity experience, most recently serving Bank of America Merrill Lynch (BAML) as a financial advisor and senior energy sector specialist. Mr. Sabino has more than 13 years of energy sector experience. At BAML, he worked with numerous traders, research analysts and salespeople, in…

North Dakota Petroleum Council opens applications for 2018-2019 Al Golden Scholarships

2018-2019 scholarship represents a decade of industry commitment to education The North Dakota Petroleum Council (NDPC) is now taking applications for its Al Golden Scholarship program for the 2018-2019 school year. The NDPC will award nine $2,000 scholarships to students pursuing degrees or training in an energy-related field. “Workforce recruitment…