Investing and expanding with education

Companies operating throughout North Dakota and in the Bakken region may differ in size, scope and mission, but many of them share one common challenge – recruiting, developing and maintaining a skilled workforce. One effective solution to the challenge has been for organizations to look within themselves and invest in…

DeepStar Selects Upwing Energy-Mitsubishi Heavy Industries Partnership for Conceptual Engineering Study of New Electric Submersible Pump (ESP) Topology

Study to Assess the Feasibility of the Upwing Magnetic Drive System™ for ESPs in Deepwater Offshore and Subsea Wells Together, Upwing Energy, an artificial lift technology company, and Mitsubishi Heavy Industries (MHI), one of the world’s leading industrial firms, have been selected by DeepStar, a global offshore research and development…

Booming LNG faces big swings in supply-demand balance

Global liquefied natural gas market is set to see sharp shifts between excess supply and excess demand during the 2019 to 2023 period. Effect on prices may hinge on weather patterns Recent years have seen rapid growth in the global market for LNG, with volumes of exports and imports up…

Highlighting the industry

The Williston Basin Petroleum Conference returns to Saskatchewan for 2019 The Williston Basin Petroleum Conference kicks off its 27thyear from May 27-30, 2019, and event organizers have completely reimagined its purpose and intent.  In a period of profound challenges faced by industry – pipeline and transport capacity issues, emerging new…

Empire Petroleum Corporation Announces Acquisition of Oil and Gas Assets and a $20 Million Credit Facility with CrossFirst Bank

Empire Petroleum Corporation announced yesterday that it has acquired producing oil and gas assets located in Billings, Bottineau, Bowman, Burke, McHenry, McKenzie, Mountrail, Renville, Stark & Williams counties in North Dakota and Richland & Sheridan counties in Montana through its wholly owned subsidiary, Empire North Dakota LLC. The assets were…

USA Government affirms support for Keystone XL project

TransCanada Corporation (TransCanada) thanked President Donald Trump this past Friday, March 29 for affirming his support for the Keystone XL pipeline project by issuing a new Presidential Permit. The president’s action today clarifies the national importance of Keystone XL and aims to bring more than 10 years of environmental review…