Tags » Bakken Formation

EPA slams Keystone for 'significant' emissions and climate change impact

WASHINGTON – The U.S. Environmental Protection Agency has concluded the Keystone XL pipeline will significantly increase greenhouse gas emissions because it will lead to the expansion of Alberta’s carbon intensive oilsands. 655 more words

Pn

Bakken boom ebbs away in key North Dakota county as oil falls

CROSBY, N.D. — Just over a decade ago, this sleepy farming community on the fringe of North Dakota’s Bakken shale formation hosted the state’s first horizontal oil well to be hydraulically fractured, or fracked, helping set in motion an economic revolution that shook the world. 928 more words

Energy

Brad Wall: Ontario and Quebec would benefit most from Energy East pipeline

Plans for TransCanada’s Energy East pipeline that will move Alberta and Saskatchewan conventional oil to Atlantic Canada for refining, while replacing the need for Eastern Canada to import foreign oil, are prompting considerable national debate. 716 more words

Energy

U.S. shale driller Continental cashes out hedges, sees oil rebound

Continental Resources, the pioneering U.S. driller that bet big on North Dakota’s Bakken shale patch when its rivals were looking abroad, is once again flying in the face of convention: cashing out some US$4-billion worth of hedges in a huge gamble that oil prices will rebound. 508 more words

Energy

U.S. shale driller Continental cashes out hedges, sees oil rebound

Continental Resources, the pioneering U.S. driller that bet big on North Dakota’s Bakken shale patch when its rivals were looking abroad, is once again flying in the face of convention: cashing out some US$4-billion worth of hedges in a huge gamble that oil prices will rebound. 508 more words

Energy

Independence: Oil Imports Decline as Shale Revolution Supercharges Production

“Oil production gains from the Bakken and Eagle Ford shale formations are a major reason why U.S. imports of crude oil have dropped to levels not seen since the mid-1990s.” 341 more words
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