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Home Business (page 5)

Business

Permian Basin contributes $181.8 billion in GDP, 786,000 jobs to U.S. economy

By Michael
September 1, 2023
in :  Business
Comments Off on Permian Basin contributes $181.8 billion in GDP, 786,000 jobs to U.S. economy
6,303

Report: Permian Basin contributes $181.8 billion in GDP, 786,000 jobs to U.S. economy Economic impact report highlights the growing importance of the Permian Basin For the News-Sun MIDLAND, Texas — The Permian Basin’s economic impact continues to gain momentum, bringing promising news for Texas, New Mexico and the entire nation. According to the latest report by the Permian Strategic Partnership, the …

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Urenco breaks ground on first solar array, eyes new uranium frontiers

By Michael
August 21, 2023
in :  Business
Comments Off on Urenco breaks ground on first solar array, eyes new uranium frontiers
6,340

Urenco breaks ground on first solar array, eyes new uranium frontiers Levi Hill/News-Sun On an unusually cool Tuesday in August with a light easterly breeze buffeting the tent, Urenco USA staff and leaders, along with local officials, celebrated a step towards zero emissions at the nuclear enrichment facility east of Eunice. “As a company we are committed to net zero …

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Urenco breaks ground on first solar array, eyes new uranium frontiers

By Michael
August 21, 2023
in :  Business
Comments Off on Urenco breaks ground on first solar array, eyes new uranium frontiers
5,134

Urenco breaks ground on first solar array, eyes new uranium frontiers Levi Hill/News-Sun On an unusually cool Tuesday in August with a light easterly breeze buffeting the tent, Urenco USA staff and leaders, along with local officials, celebrated a step towards zero emissions at the nuclear enrichment facility east of Eunice. “As a company we are committed to net zero …

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Saudi Arabia extends cut of 1 million barrels of oil a day, potentially boosting prices at the pump

By Michael
August 3, 2023
in :  Business
Comments Off on Saudi Arabia extends cut of 1 million barrels of oil a day, potentially boosting prices at the pump
4,021

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 …

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Urenco USA taking on expansion project

By Michael
August 1, 2023
in :  Business, Local News
Comments Off on Urenco USA taking on expansion project
6,895

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 …

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Mewbourne Oil engineer invents device to increase underground pipeline safety

By Michael
July 21, 2023
in :  Business, Local News
Comments Off on Mewbourne Oil engineer invents device to increase underground pipeline safety
5,475

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 …

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Saudi Arabia and Russia are cutting oil supply again in bid to boost prices

By Michael
July 3, 2023
in :  Business
Comments Off on Saudi Arabia and Russia are cutting oil supply again in bid to boost prices
3,811

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 …

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Protest derails planned celebration of 20-year ban on oil drilling near Chaco national park

By Michael
June 12, 2023
in :  Business, State/Regional News
Comments Off on Protest derails planned celebration of 20-year ban on oil drilling near Chaco national park
3,907

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 …

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New Mexico imposes oil and gas moratorium on state land near schools

By Michael
June 7, 2023
in :  Business, State/Regional News
Comments Off on New Mexico imposes oil and gas moratorium on state land near schools
3,783

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 …

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New Mexico imposes oil and gas moratorium on state land near schools

By Michael
June 7, 2023
in :  Business, State/Regional News
Comments Off on New Mexico imposes oil and gas moratorium on state land near schools
4,732

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 …

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NextEra commissions new electric transmission line

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NextEra commissions new electric transmission line Christina Holt/News-Sun LOVINGTON — Dozens of guests stood …

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