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Results 1 - 16 of 16 for "u:reuters.com" in Williston, ND

  1. UPDATE 2-U.S. shale oil producers pummeled after OPEC decisionRead the original story

    Dec 4, 2015 | Reuters

    Fears low oil prices will persist for years sent shares of U.S. crude producers tumbling on Friday after OPEC failed to agree on a unified output cap, effectively letting its 13 members pump at will under a policy aimed in part at squeezing out U.S. rivals. OPEC ministers, who control a third of the world's oil supply, ended their meeting in Vienna on a discordant note, unable to decide as a group how much it should pump in aggregate.

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  2. North Dakota 'man camps' battle pending ban in oil capitalRead the original story w/Photo

    Nov 23, 2015 | Reuters

    A so-called man camp for oil field workers is seen outside Williston, North Dakota in this October 19, 2012 file photo. A man sits inside the Target Logistics Bear Paw Lodge man camp in Williston, North Dakota in this March 13, 2013 file photo.

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  3. U.S. highway bill should include oil export provision -senatorRead the original story

    Nov 13, 2015 | Reuters

    Nov 13 The U.S. ban on crude oil exports stands the best chance of being lifted when linked to highway funding legislation, said U.S. Senator John Hoeven, a Republican from North Dakota. The 1970s-era ban on most oil exports is deeply unpopular in North Dakota and other crude-producing U.S. states, with energy executives chafing at the limited access to global markets.

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  4. UPDATE 2-Occidental to sell Zubair stake to Iraq's South Oil -officialsRead the original story

    Nov 11, 2015 | Reuters

    Occidental Petroleum Corp , the fourth-largest U.S. oil producer, will sell its stake in the 4-billion-barrel Zubair oilfield to Iraq's state-run South Oil Company , Iraqi oil officials said on Wednesday. "Occidental asked the ministry for permission to sell its stake in Zubair field and the ministry is in the process of approving the request.

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  5. North Dakota postpones deadline for natural gas flaring rulesRead the original story w/Photo

    Sep 24, 2015 | Reuters

    Natural gas flares are seen at an oil pump site outside of Williston, North Dakota in this March 11, 2013 file photo. North Dakota regulators on Thursday gave the energy industry 10 extra months to reduce the amount of natural gas burned off at oil wells, acquiescing to industry worries that construction delays have made it all but impossible to meet existing targets.

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  6. Halliburton cuts jobs in Williston, North DakotaRead the original story

    Sep 21, 2015 | Reuters

    Halliburton Co, the world's No. 2 oilfield services provider, said on Monday it has laid off staff in Williston, North Dakota, blaming plunging crude oil prices.

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  7. UPDATE 3-Canada's top court says Ecuadoreans can sue Chevron in OntarioRead the original story

    Sep 4, 2015 | Reuters

    Canada's top court ruled on Friday that a group of Ecuadorean villagers could pursue a multi-billion pollution lawsuit against Chevron Corp in the Canadian province of Ontario. Chevron is contesting a ruling by Ecuador's highest court that said the oil giant had to pay $9.5 billion to clean up contamination at a site it once owned.

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  8. Nearly half of hotel rooms in North Dakota oil capital sit emptyRead the original story w/Photo

    Sep 2, 2015 | Reuters

    Pumpjacks taken out of production temporarily stand idle at a Hess site while new wells are fracked near Williston, North Dakota November 12, 2014. Nearly half of the hotel rooms in the epicenter of North Dakota's energy boom have been sitting empty this year, yet another sign that plunging oil prices have cooled the economy of the second-largest crude producing U.S. state.

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  9. 'Frack now, pay later,' top services companies say amid oil crashRead the original story w/Photo

    Aug 6, 2015 | Reuters

    Pumpjacks taken out of production temporarily stand idle at a Hess site while new wells are fracked near Williston, North Dakota November 12, 2014. Business is so tough for oilfield giants Schlumberger NV and Halliburton Co that they have come up with a new sales pitch for crude producers halting work in the worst downturn in years.

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  10. UPDATE 1-EOG profit beats Street as cost cuts offset drop in oil pricesRead the original story

    Aug 6, 2015 | Reuters

    EOG Resources Inc reported a better-than-expected adjusted quarterly profit on Thursday as the oil producer successfully slashed well and transportation costs to offset plunging crude prices. The price drop has hamstrung nearly all of the energy industry this past year, forcing many companies to lay off staff and curb spending.

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  11. Unusual indicator shows oil boomtown exodusRead the original story w/Photo

    Aug 5, 2015 | Reuters

    The population of Williston, North Dakota, which became an archetype of the fracking revolution, is now sliding due to plunging crude prices, with city planners tracking departures using an unusual metric: sewage flow. Press CTRL+C , CMD+C , or long-press the URL below on your mobile device to copy the code Images taken by Reuters photographers from around the world for the month of July 2015, including the Confederate flag controversy, Jerusalem Gay Pride attack, Tour de France, Ku Klux Klan, as well as other moments of everyday life.

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  12. Sewage flow becomes Williston's oil bust indicatorRead the original story w/Photo

    Aug 6, 2015 | Reuters

    The population of a U.S. oil boomtown that became a symbol of the fracking revolution is dropping fast because of the collapse in crude oil prices, according to an unusual metric: the amount of sewage produced. Williston, North Dakota, has seen its population drop about 6 percent since last summer, according to wastewater data relied upon heavily by city planning officials.

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  13. Tumbling oil prices slam profit at Exxon Mobil, ChevronRead the original story w/Photo

    Jul 31, 2015 | Reuters

    Weak oil prices shriveled quarterly profit at Exxon Mobil Corp and Chevron Corp on Friday, compelling both companies to rethink operations and plan for what many expect to be a sustained period of cheap crude. Earnings at U.S. oil majors Exxon, which were the worst in a decade, and Chevron missed analysts' expectations, adding to concerns that perhaps executives had not acted quickly enough to mitigate the impact of an over-50-percent drop in oil prices since last summer.

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  14. WRAPUP 3-Tumbling oil prices slam profit at Exxon Mobil, ChevronRead the original story

    Jul 31, 2015 | Reuters

    Weak oil prices shriveled quarterly profit at Exxon Mobil Corp and Chevron Corp on Friday, compelling both companies to rethink operations and plan for what many expect to be a sustained period of cheap crude. Earnings at U.S. oil majors Exxon, which were the worst in a decade, and Chevron missed analysts' expectations, adding to concerns that perhaps executives had not acted quickly enough to mitigate the impact of an over-50-percent drop in oil prices since last summer.

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  15. Tumbling oil prices slam profit at Exxon Mobil, ChevronRead the original story w/Photo

    Jul 31, 2015 | Reuters

    Earnings at Exxon and Chevron, two of the world's largest oil producers, also missed analysts' expectations, adding to concerns that perhaps executives had not acted quickly enough to mitigate the impact of an over-50-percent drop in oil prices since last summer. The results also highlighted how smaller and more nimble U.S. shale oil companies had slashed costs faster and more aggressively than global majors.

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  16. North Dakota oil hub defiantly boasts it is 'last great place' for growthRead the original story

    Jul 24, 2015 | Reuters

    With oil prices falling, you wouldn't think Williston, North Dakota, was "the last great place for opportunity," but that is the slogan the state's oil hub has come up with to try to shake off its economic downturn. Those lured by that promise will find apartment rents have begun to plunge in Williston after a 50 percent fall in the price of oil caused hundreds of layoffs and put off job seekers in search of the town's legendary six-figure pay packets.

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