4/1/2013

Three new refineries are being planned in North Dakota as companies try to exploit the crude oil production boom in the state's Bakken Shale, observers say. A joint venture between Calumet Specialty Products Construction and MDU Resources Group is developing one of the projects, a 20,000-barrel-per-day facility. "Through this joint venture, we are continuing to expand both our midstream energy business and our vertically integrated investment in the Bakken oil play," said David Goodin, MDU's president and CEO.

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