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Home Business (page 21)

Business

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
4,750

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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Texas Roadhouse files for liquor license

By Michael
October 21, 2019
in :  Business, Local News
Comments Off on Texas Roadhouse files for liquor license
8,945

Texas Roadhouse appears to be coming to Hobbs. A sign for a full liquor license for the restaurant has been posted at Lovington Highway and Magnolia Street and a hearing for the liquor license will take place in Santa Fe on Tuesday to transfer the ownership. According to the State Regulation and Licensing website, liquor license No. 0819 currently belongs …

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Church’s Chicken hopes to open second restaurant by Thanksgiving

By Michael
September 18, 2019
in :  Business, Local News
Comments Off on Church’s Chicken hopes to open second restaurant by Thanksgiving
6,463

Chicken lovers in Hobbs are in for a “big day” sometime before Thanksgiving, with a second Church’s Chicken to open at 1005 West Joe Harvey Blvd., west of the Cotton Patch restaurant. “We’re going to do a big day. We’re going to do a lot of things that day,” said Liliana Avelina, Church’s certified training manager and general manager. “We’re …

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Biz exec: ‘There’s no such thing as just a janitor’

By Michael
September 12, 2019
in :  Business, Local News
Comments Off on Biz exec: ‘There’s no such thing as just a janitor’
5,282

A full house enjoyed an evening filled with music, good food, awards and an inspirational speech from the creator of Flamin’ Hot Cheetos during the 13th annual Hobbs Hispano Chamber of Commerce banquet Friday night at the Lea County Event Center. Before the meal was served, guests could raid the centerpiece for candy and bags of Flamin’ Hot Cheetos. They …

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Biz exec: ‘There’s no such thing as just a janitor’

By Michael
September 12, 2019
in :  Business, Local News
Comments Off on Biz exec: ‘There’s no such thing as just a janitor’
5,010

A full house enjoyed an evening filled with music, good food, awards and an inspirational speech from the creator of Flamin’ Hot Cheetos during the 13th annual Hobbs Hispano Chamber of Commerce banquet Friday night at the Lea County Event Center. Before the meal was served, guests could raid the centerpiece for candy and bags of Flamin’ Hot Cheetos. They …

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Exxon profits slide with natural gas prices weak

By Michael
August 2, 2019
in :  Business
Comments Off on Exxon profits slide with natural gas prices weak
4,334

NEW YORK (AP) — Exxon Mobil brought in $69 billion in revenue in the second quarter, down from last year’s $73.5 billion. Some of the benefits of rising crude prices, up 22% this year, were offset by natural gas prices, which have fallen almost 24% over the same time frame. The nation’s largest oil company said Friday that its profit …

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Exxon profits slide with natural gas prices weak

By Michael
August 2, 2019
in :  Business
Comments Off on Exxon profits slide with natural gas prices weak
4,772

NEW YORK (AP) — Exxon Mobil brought in $69 billion in revenue in the second quarter, down from last year’s $73.5 billion. Some of the benefits of rising crude prices, up 22% this year, were offset by natural gas prices, which have fallen almost 24% over the same time frame. The nation’s largest oil company said Friday that its profit …

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Lucid Energy announces new plant in SW Lea

By Michael
July 30, 2019
in :  Business, Local News
Comments Off on Lucid Energy announces new plant in SW Lea
9,503

DALLAS — Lucid Energy Group has announced it is underway with the development of its next large cryogenic processing plant at its flagship Red Hills Natural Gas Processing Complex in southwestern Lea County. The Red Hills V plant, located about 20 miles west of Jal on N.M Hwy 128, will have the capacity to process 230 million cubic feet of natural gas …

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ExxonMobil to invest $55B in Lea, Eddy

By Michael
May 28, 2019
in :  Business
Comments Off on ExxonMobil to invest $55B in Lea, Eddy
10,338

IRVING, Texas — ExxonMobil officials said that a new study commissioned by the multinational oil and gas corporation estimates its development of Permian Basin resources in New Mexico will generate $64 billion in net economic benefits for the state and local communities over the next 40 years, creating thousands of new jobs and providing increased funding for education, health and …

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Trump easing offshore drilling safety rules from Deepwater

By Michael
May 2, 2019
in :  Business
Comments Off on Trump easing offshore drilling safety rules from Deepwater
3,640

PORT FOURCHON, La. (AP) — The Trump administration on Thursday moved to ease safety regulations adopted after the 2010 BP Deepwater Horizon blowout, the worst offshore oil disaster in U.S. history that killed nearly a dozen people. Interior Secretary David Bernhardt said in a statement the administration was acting to eliminate “unnecessary regulatory burdens while maintaining safety and environmental protection …

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Franklin tapped to lead HPD

Hobbs News-Sun
1 week ago

Franklin tapped to lead HPD Christina Holt/News-Sun After a months-long hiring process that included …

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