May 24, 2022
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Hobbs News Sun

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3 New Articles
  • May 24, 2022 Fraud ring targeting businesses
  • May 24, 2022 At Davos, climate debate over role of oil in ‘going green’
  • May 23, 2022 Tight competition between friends for Hobbs High valedictorian, salutatorian
Home Business

Business

OPEC+ opens oil taps gradually as Russian war roils markets

By Hobbs News-Sun
May 5, 2022
in :  Business
105

LONDON (AP) — OPEC and allied oil-producing countries decided Thursday to gradually increase the flows they send to the world, even as Europe’s plan to sanction Russian oil threatens to yank millions of barrels off a global market already thirsty for crude. The cautious approach from the OPEC+ alliance — which includes non-member Russia — will exacerbate a global energy …

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Permian Basin records biggest rig count gain in 14 months

By Hobbs News-Sun
April 20, 2022
in :  Business
575

For the News-Sun The count of active oil and gas drilling rigs in the Permian Basin posted its largest gain since January 2021 last week with the addition of nine rigs for a new total of 332, compared to 224 a year ago. That total is up 13.3 percent since starting the year with 293 rigs. As of April 8, …

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RECENT POSTS

Lea County issues fire ban and use of fireworks for next 30 days

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May 23, 2022

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Timeline

  • May 24, 2022

    Fraud ring targeting businesses

  • May 24, 2022

    At Davos, climate debate over role of oil in ‘going green’

  • May 23, 2022

    Tight competition between friends for Hobbs High valedictorian, salutatorian

  • May 20, 2022

    Lea County issues fire ban and use of fireworks for next 30 days

  • May 20, 2022

    NMJC names new president

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