Category Archives: Industry News

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…

PSC schedules public hearing in Watford City for proposed gas processing plant

The North Dakota Public Service Commission (PSC) will hold a public hearing in Watford City on Thursday, February 15, regarding a proposal for a gas processing plant in McKenzie County. Arrow Field Services, LLC, has submitted an application for a permit to construct the Arrow Bear Den Gas Processing Plant…

S&B Drilling celebrates ribbon cutting at new location; Owners to present at 1 million cups March 7

The owners of S&B Drilling recently celebrated the official opening of their new location. The company is located northwest of Williston at 6035 138th Ave NW. S&B Drilling was started by three experienced drilling rig operators who were laid off due to the slowdown of 2014-15. Initially, Chris Carmack, his…