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An ExxonMobil Corp. oil pipeline spill late last month in Mayflower, AR, has left many questions in its wake for regulators and state officials about what the accident may mean for future pipeline projects from, including the controversial Keystone XL project that would carry oilsands crude to Gulf Coast markets.

Global oil and natural gas executives are optimistic about the year ahead, but instead of expanding their operations, many are using the boom times to hedge against the short-term uncertainties, according to a new survey by BDO.

Bismarck, ND-based MDU Resources Group is aligning its utility, construction, midstream infrastructure and exploration/production (E&P) businesses so each one profits and grows with the continuing hydrocarbon boom in the Bakken, the MDU senior executives emphasized in a half-day financial analysts meeting Thursday in New York City.

Global oil and natural gas executives are optimistic about the year ahead, but instead of expanding their operations, many are using the boom times to hedge against the short-term uncertainties, according to a new survey by BDO.

Oil, the latest growth engine of the U.S. unconventional boom, is spurting up from the ground at an exceptional pace, which is leading many operators to rethink where — and how — they want to deliver their reserves for the best prices.

The North Dakota legislature is considering legislation that would impact exploration and production (E&P) companies, including offering incentives to eliminate natural gas flaring at the wellhead.

An interim study committee in the South Dakota state legislature has agreed to pursue as many as eight different bills this year covering oil and natural drilling, including one aimed at hydraulic fracturing (fracking).

An interim study committee in the South Dakota state legislature has agreed to pursue as many as eight different bills this year covering oil and natural drilling, including one aimed at hydraulic fracturing (fracking).

Lower natural gas prices are helping to trim winter bills for many customers across Ohio and Pennsylvania this year, although one company has said its customers will see a 5% increase.