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Home Business (page 20)

Business

Hometown airman asks Hobbs for its support

By Michael
February 28, 2020
in :  Business, Local News
Comments Off on Hometown airman asks Hobbs for its support
4,633

Home town Air Force Master Sergeant Gabrial Valenzuela asked for Hobbs’ support in making it to the top of Spark Tank, the Air Force version of Shark Tank. Valenzuela was born and raised in Hobbs before joining the Air Force in 2004, and going to Germany seven years ago. Spark Tank is something the Air Force put together three years …

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Fire erupts at ExxonMobil refinery in Louisiana; no injuries

By Michael
February 12, 2020
in :  Business, National/World News
Comments Off on Fire erupts at ExxonMobil refinery in Louisiana; no injuries
5,068

BATON ROUGE, La. (AP) — A blaze inside a Louisiana refinery that turned the night sky a shade of orange and sent a large plume of smoke into the air over Baton Rouge has been extinguished, ExxonMobil officials say. The fire erupted at the facility in Baton Rouge around 11:30 p.m. Tuesday, Baton Rouge Fire Department spokesman Curt Monte told …

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Fire erupts at ExxonMobil refinery in Louisiana; no injuries

By Michael
February 12, 2020
in :  Business, National/World News
Comments Off on Fire erupts at ExxonMobil refinery in Louisiana; no injuries
5,101

BATON ROUGE, La. (AP) — A blaze inside a Louisiana refinery that turned the night sky a shade of orange and sent a large plume of smoke into the air over Baton Rouge has been extinguished, ExxonMobil officials say. The fire erupted at the facility in Baton Rouge around 11:30 p.m. Tuesday, Baton Rouge Fire Department spokesman Curt Monte told …

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Hobbs closer to getting a Texas Roadhouse

By Michael
January 10, 2020
in :  Business, Local News
Comments Off on Hobbs closer to getting a Texas Roadhouse
12,671

In September, news of a Texas Roadhouse restaurant coming to Hobbs became official when the popular restaurant chain applied for a full liquor license with the City of Hobbs. During Monday’s Hobbs City Commission meeting, a resolution on the transfer of a liquor license for the store was unanimously approved. The transfer of ownership of liquor license No. 0819 from …

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Chevron will stay focused on Permian after cutbacks elsewhere

By Michael
December 10, 2019
in :  Business
Comments Off on Chevron will stay focused on Permian after cutbacks elsewhere
4,931

SAN RAMON, Calif. (AP) — Chevron Corp. said Tuesday it will book a charge of at least $10 billion because lower long-term prices for oil and natural gas will reduce the value of its assets. More than half the write-down is related to gas drilling operations in Appalachia. The huge fourth-quarter write-down — between $10 billion and $11 billion — …

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Burger Builders changes hands, honor employee

By Michael
December 10, 2019
in :  Business, Local News
Comments Off on Burger Builders changes hands, honor employee
7,165

LOVINGTON — The Lovington landmark Burger Builders hosted a dual celebration Thursday with about two dozen attendees congratulating both the new owner and a 37-year employee. With representatives of the city and the chamber of commerce at hand, previous owners Ronny and Kim Reeder helped new owner Martin Lara cut the ribbon signifying change in management. Meanwhile, main cook Mary …

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Chevron $100,000 grant to help Heizer continue STEM program

By Michael
November 21, 2019
in :  Business, Local News
Comments Off on Chevron $100,000 grant to help Heizer continue STEM program
5,098

It’s usually a big, over-sized check whenever a major oil company donates to a Lea County school. This check needed to be big, to fit all the zeros. On Tuesday, the Chevron Corp. donated $100,000 to Hobbs Municipal Schools as part of its Community Partner program. The program focuses on three areas of social investment — health, education and economic …

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Muffler of the future

By Michael
November 13, 2019
in :  Business, Local News
Comments Off on Muffler of the future
5,638

It looks like a huge backyard-built barbeque pit. But inside is technology that could revolutionize the oil and gas industry and more. The New Horizons Foundation in Hobbs and the Combat Capabilities Development Command of the U.S. Army Research Laboratory (CCDCARL) have worked together for the past two years in creating a muffler that could drown out the loud sounds …

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Exxon Mobil profit falls 49% as oil and gas prices decline

By Michael
November 4, 2019
in :  Business
Comments Off on Exxon Mobil profit falls 49% as oil and gas prices decline
5,183

NEW YORK (AP) — Exxon Mobil’s profits fell dramatically in the third quarter as the company was hurt by lower prices for crude oil and natural gas. The Texas oil giant reported $3.17 billion in profits in the third quarter Friday, down 49% from the same time last year. Total revenue was $65.05 billion, down 15% from the same time …

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Exxon Mobil profit falls 49% as oil and gas prices decline

By Michael
November 4, 2019
in :  Business
Comments Off on Exxon Mobil profit falls 49% as oil and gas prices decline
4,721

NEW YORK (AP) — Exxon Mobil’s profits fell dramatically in the third quarter as the company was hurt by lower prices for crude oil and natural gas. The Texas oil giant reported $3.17 billion in profits in the third quarter Friday, down 49% from the same time last year. Total revenue was $65.05 billion, down 15% from the same time …

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

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

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