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Algeria attack could boost Norwegian stake in ND’s Bakken

January 23, 2013 in The Dickinson Press

GRAND FORKS Last week’s terrorist attack on an Algerian oil facility could divert Norwegian oil giant Statoil to increased oil production in safer regions, including North Dakota’s Bakken and Three Forks formations, where the two-thirds government owned Statoil already has made a heavy investment. Continue Reading

LIBYA: Gadhafi’s family flees to Algeria

August 29, 2011 in Grand Forks Herald

The Algerian government said Moammar Gadhafi’s wife, daughter, two of his sons and their children entered the neighboring country today. It did not say whether Gadhafi himself was with the family. Continue Reading

Mideast protests at a glance

February 26, 2011 in Grand Forks Herald

A look at anti-government protests, political unrest and key developments in five Arab countries today. Continue Reading

Oil rises on more Middle East unrest

February 17, 2011 in Grand Forks Herald

“There’s a lot of traders concerned about what’s going on in the Middle East and North Africa,” said Mike Zarembski, senior commodity analyst at brokerage OptionsXpress Inc. He said uncertainty about the Middle East heading into a three-day holiday weekend in the U.S. also contributed to higher prices for benchmark West Texas Crude, or WTI. Continue Reading