Saudi Arabia extends cut of 1 million barrels of oil a day, potentially boosting prices at the pump DUBAI, United Arab Emirates (AP) — Saudi Arabia said Thursday it will extend its unilateral production cut of 1 million barrels of oil a day through the end of September in its effort to boost flagging energy prices, a move that could …

Urenco USA taking on expansion project Michelle A. Fox/News-Sun For the first time in seven years, Urenco USA is taking on an expansion project. “This project marks the first expansion of the plant since 2016 and will allow us to increase our enriched uranium production by 15 percent,” said President and CEO of Urenco USA Karen Fill. Urenco USA is …

Mewbourne Oil engineer invents device to increase underground pipeline safety Andy Brosig/News-Sun Erin McMath wasn’t satisfied with the way oil and gas companies were checking the safety of the miles of high-density polyethelene pipe they were burying in the ground of southeast New Mexico. McMath is a native New Mexican, born in Albuquerque and raised in Los Alamos. He has …

Saudi Arabia and Russia are cutting oil supply again in bid to boost prices LONDON (AP) — Saudi Arabia and Russia are extending cuts to the amount of oil they pump to the world in a bid to prop up prices, showing how two of the world’s largest oil producers are scrambling to boost income from the fossil fuel even …

Protest derails planned celebration of 20-year ban on oil drilling near Chaco national park By SUSAN MONTOYA BRYAN Associated Press ALBUQUERQUE, N.M. (AP) — It was supposed to be a homecoming of sorts for U.S. Interior Secretary Deb Haaland, after her agency spent many months hosting public meetings and talking with Native American leaders about curbing the pace of oil …

New Mexico imposes oil and gas moratorium on state land near schools By SUSAN MONTOYA BRYAN and CHRISTOPHER L. KELLER Associated Press COUNSELOR, N.M. (AP) — Members of the Navajo community have complained to Samuel Sage for years about the noise and vibrations that rattle their homes. They tell him about the dust kicked up by heavy trucks traveling the …

New Mexico imposes oil and gas moratorium on state land near schools By SUSAN MONTOYA BRYAN and CHRISTOPHER L. KELLER Associated Press COUNSELOR, N.M. (AP) — Members of the Navajo community have complained to Samuel Sage for years about the noise and vibrations that rattle their homes. They tell him about the dust kicked up by heavy trucks traveling the …

Saudi Arabia is slashing oil supply By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — Saudi Arabia will reduce how much oil it sends to the global economy, taking a unilateral step to prop up the sagging price of crude after two previous cuts to supply by major producing countries in the OPEC+ alliance failed to push oil higher. …

ALBUQUERQUE, N.M. (AP) — More than 200 inactive oil and natural gas wells in New Mexico have been plugged as land managers have tried to crack down on producers as part of an accountability and enforcement program in one of the top producing states in the U.S., officials said Wednesday. The State Land Office estimates it has saved taxpayers at …

By SETH BORENSTEIN AP Science Writer A new National Academy of Science study says that 13 years after a massive BP oil spill fouled the Gulf of Mexico, regulators and industry have reduced some risks in deep water exploration in the gulf but some troublesome safety issues persist. Tuesday’s report says that federal inspectors are relatively powerless over contractors on …