Williston Newswire

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Results 1 - 10 of 10 for "u:reuters.com" in Williston, ND

  1. Oasis Petroleum expects to cut spending if oil stays below $80/brlRead the original story

    Nov 5, 2014 | Reuters

    North Dakota oil producer Oasis Petroleum Inc will cut capital spending and limit spending to core wells if crude oil prices stay below $80 per barrel for an extended time, executives said on Wednesday. The company, considered a "pure-play" investment the second-largest oil producing state by Wall Street, posted lower-than-expected quarterly profit on Tuesday evening, citing performance challenges and weak weather.

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  2. WRAPUP 1-Exxon, Chevron results boosted by refining as oil prices slipRead the original story

    Oct 31, 2014 | Reuters

    A surge in refining profits boosted quarterly results at Exxon Mobil Corp and Chevron Corp , helping to offset declining oil and gas production and falling crude oil prices. Both companies reported better-than-expected third-quarter profits on Friday, with executives touting the importance of owning massive refineries alongside oil and gas wells.

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  3. Man to plead guilty to killing Montana teacher in cocaine frenzyRead the original story w/Photo

    Oct 22, 2014 | Reuters

    A Colorado man accused of killing a Montana teacher during a cocaine-fueled frenzy has agreed to plead guilty to murder as part of a deal in which prosecutors will dismiss a kidnapping charge in the case, court documents showed on Wednesday. Michael Spell, 25, of Parachute, Colorado, will admit to his role in the strangling death of math instructor Sherry Arnold while prosecutors will drop a count of attempted kidnapping, according to the plea agreement.

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  4. Civeo, provider of oilfield 'man camps,' plans move to CanadaRead the original story

    Sep 29, 2014 | Reuters

    Civeo Corp, the provider of oilfield accommodation services recently spun off by Oil States International Inc, surprised Wall Street on Monday by saying it would not convert to a real estate investment trust and would instead relocate to Canada for tax purposes. Civeo, currently based in Houston, said its board believes converting to a REIT would do little to reduce most of the company's taxes, since nearly all corporate income comes from more than 20,000 dormitory-style rooms - commonly known as "man camps" - across remote parts of Canada and Australia.

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  5. Oil companies eye crude price drop but keep drillingRead the original story

    Sep 19, 2014 | Reuters

    A 13 percent slide in crude oil prices since June has eroded some of the allure of drilling U.S. shale resources and raised investor concerns, but companies are pushing ahead as prices are still above the breakeven levels that might prompt a slowdown. U.S. light sweet crude traded in New York has dropped to around $93 per barrel from $107 in late June as supplies pumped from oily rocks in Texas and North Dakota grow and a strong U.S. dollar makes imports more attractive.

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  6. Business-News-Schedule at 1230 GMT / 8.30 Am EtRead the original story

    Aug 20, 2014 | Reuters

    Two Bank of England policymakers unexpectedly voted to start raising interest rates this month, becoming the first officials to do so in more than three years, minutes of policy discussions show.

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  7. $150 million convention center eyed for North Dakota oil patchRead the original story

    Aug 18, 2014 | Reuters

    A subsidiary of real estate developer The Prime Group Inc said on Monday it plans to build a $150 million convention center in Williston, North Dakota, aiming to supply a world-class meeting space for the fast-growing oil boom community.

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  8. 'Micro refineries' a solution to oil-train woes, energy firm saysRead the original story

    Jun 30, 2014 | Reuters

    A handful of small refineries in North Dakota could remove dangerous gas from oil train cargoes and make shipments from the state's productive Bakken shale area safer on the tracks, according to a company which has pitched the idea to regulators.

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  9. 'Micro refineries' a solution to oil-train woes, energy firm saysRead the original story

    Jun 30, 2014 | Reuters

    A handful of small refineries in North Dakota could remove dangerous gas from oil train cargoes and make shipments from the state's productive Bakken shale area safer on the tracks, according to a company which has pitched the idea to regulators.

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  10. Tornado rips through worker's camp in North Dakota oil countryRead the original story

    May 27, 2014 | Reuters

    This is what's left of a worker's camp in North Dakota's oil patch, after a Tornado roared through on Monday night.

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