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Home Business (page 14)

Business

Biden’s climate steps could have big impact on energy firms

By Michael
January 21, 2021
in :  Business
Comments Off on Biden’s climate steps could have big impact on energy firms
3,186

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 …

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Biden’s climate steps could have big impact on energy firms

By Michael
January 21, 2021
in :  Business
Comments Off on Biden’s climate steps could have big impact on energy firms
3,722

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 …

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Oil companies lock in drilling, challenging Biden on climate

By Michael
January 11, 2021
in :  Business, National/World News
Comments Off on Oil companies lock in drilling, challenging Biden on climate
3,006

BILLINGS, Mont. (AP) — In the closing months of the Trump administration, energy companies stockpiled enough drilling permits for western public lands to keep pumping oil for years and undercut President-elect Joe Biden’s plans to curb new drilling because of climate change, according to public records and industry analysts. An Associated Press analysis of government data shows the permit stockpiling …

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Saudis take on burden of oil output cut to support price

By Michael
January 5, 2021
in :  Business
Comments Off on Saudis take on burden of oil output cut to support price
2,566

FRANKFURT, Germany (AP) — Saudi Arabia said Tuesday it will cut its oil production by 1 million barrels a day, taking on the burden of supporting prices in the energy market as a “goodwill gesture” after a meeting with other crude-producing countries. The decision came after a meeting between countries that are part of the OPEC oil cartel and allies …

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Methane report prompts state to ‘call for action’ on oilfield rules

By Michael
December 24, 2020
in :  Business, Local News
Comments Off on Methane report prompts state to ‘call for action’ on oilfield rules
5,241

Providing more than a third of the state’s fiscal year 2020 budget, the oil and gas industry came under attack this week from both the U.S. Environmental Protection Agency and the New Mexico Environment Department. A new analysis from the nonpartisan New Mexico Tax Research Institute reports state revenue from oil and natural gas production in New Mexico totaled $2.8 …

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Oil and gas deliver revenues to New Mexico despite pandemic

By Michael
December 22, 2020
in :  Business, State/Regional News
Comments Off on Oil and gas deliver revenues to New Mexico despite pandemic
4,429

ALBUQUERQUE, N.M. (AP) — Oil and gas development infused $2.8 billion into New Mexico coffers during the 2020 fiscal year and marked its second-highest total revenue ever reported despite a global price war and plummeting demand amid the coronavirus pandemic, according to a report released Monday. The New Mexico Oil and Gas Association commissioned the nonprofit New Mexico Tax Policy …

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Bans on oil, gas development on federal land could be ‘catastrophic’

By Michael
December 21, 2020
in :  Business, Local News
Comments Off on Bans on oil, gas development on federal land could be ‘catastrophic’
5,870

Some folks in the western part of the country hope certain campaign promises are let to slide. A ban on oil and natural gas development on public lands by President-elect Joe Biden would severely harm the economies of eight western states, especially New Mexico, according to a study released Monday. After discussing the report with the News-Sun, state Rep. Larry …

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Eunice Wells Fargo branch bank to close in March

By Michael
December 18, 2020
in :  Business, Local News
Comments Off on Eunice Wells Fargo branch bank to close in March
5,675

The Wells Fargo branch in Eunice will permanently close its doors in March of 2021. The Wells Fargo branch will close on March 10 at noon. Until then, the bank will operate normal business hours. The nearest Wells Fargo location will be 20 miles away in Hobbs or in Jal. Wells Fargo’s New Mexico Communications Advisor Franchesca Pancham explained the …

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Energy payments to states in US West plummet in 2020

By Michael
December 7, 2020
in :  Business
Comments Off on Energy payments to states in US West plummet in 2020
2,379

BILLINGS, Mont. (AP) — Payments to states in the U.S. West have plummeted for oil, natural gas and coal extracted from U.S. lands after low crude prices and the pandemic slowed drilling and mining in many areas in 2020, according to federal data. Nationwide, payments to states for drilling on public lands and in U.S. waters were down by $630 …

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Energy payments to states in US West plummet in 2020

By Michael
December 7, 2020
in :  Business
Comments Off on Energy payments to states in US West plummet in 2020
3,243

BILLINGS, Mont. (AP) — Payments to states in the U.S. West have plummeted for oil, natural gas and coal extracted from U.S. lands after low crude prices and the pandemic slowed drilling and mining in many areas in 2020, according to federal data. Nationwide, payments to states for drilling on public lands and in U.S. waters were down by $630 …

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Tatum council eyes ordinance to legalize side-by-sides in town limits

Hobbs News-Sun
15 hours ago

Tatum council eyes ordinance to legalize side-by-sides in town limits   Denise Marquez/News-Sun TATUM …

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