FRANKFURT, Germany (AP) — Caution about the pandemic took the upper hand Thursday at a meeting of the OPEC oil cartel and allied countries, as they left most of their production cuts in place amid worry that coronavirus restrictions could still undermine recovering demand for crude. Many analysts had expected a small production increase as the price of oil has …

WASHINGTON (AP) — President Joe Biden’s nominee to head the Interior Department faced sharp questions from Republicans Tuesday over what several called her “radical” ideas that include opposition to fracking and the Keystone XL oil pipeline. Deb Haaland, a New Mexico congresswoman named to lead the Interior Department, tried to reassure GOP lawmakers, saying she is committed to “strike the …

SACRAMENTO, Calif. (AP) — New legislation would ban all fracking in California by 2027, taking aim at the powerful oil and gas industry in the state already planning to ban the sale of new gas-powered cars by 2035. Progressive California has long been a leader in combating climate change, requiring solar panels on new homes and passing a law to …

SANTA FE, N.M. (AP) — A rebound in oil and natural gas prices is changing the outlook for state government finances in New Mexico as the Legislature drafts a spending plan for the coming fiscal year. A team of economists from three state agencies and the Legislature said Wednesday that state government income is likely to increase by $339 million …

A DCP pipeline one mile south of NM Highway 8 near Monument, NM exploded about 4 p.m. Tuesday, February 16, 2021. No injuries were reported and no structures were harmed.

NEW ORLEANS (AP) — The Interior Department said Friday that it is postponing onshore and offshore oil lease sales planned for next month in line with President Joe Biden’s executive order on climate change. The Jan. 27 order instructed federal agencies to suspend oil and gas leasing until the leasing program is reviewed. In separate orders Friday, the Bureau of …

WASHINGTON (AP) — President Joe Biden is set to announce a wide-ranging moratorium on new oil and gas leasing on U.S. lands, as his administration moves quickly to reverse Trump administration policies on energy and the environment and address climate change. Two people with knowledge of Biden’s plans outlined the proposed moratorium, which will be announced Wednesday. They asked not …

BILLINGS, Mont. (AP) — The Biden administration announced Thursday the suspension of new oil and gas leasing and drilling permits for U.S. lands and waters for 60 days as part a broad review of programs at the Department of Interior. The move follows President Joe Biden’s campaign pledge to halt new drilling on federal lands and end the leasing of …

BILLINGS, Mont. (AP) — The Biden administration announced Thursday the suspension of new oil and gas leasing and drilling permits for U.S. lands and waters for 60 days as part a broad review of programs at the Department of Interior. The move follows President Joe Biden’s campaign pledge to halt new drilling on federal lands and end the leasing of …

NEW YORK (AP) — President Joe Biden has put his team to work reviewing dozens of actions taken by former President Donald Trump, aiming to reverse orders that he says harm the environment or endanger public health. For the energy and auto industries, the impact could be far-reaching. Biden aims to reduce harmful emissions from cars, trucks and SUVs. Oil …