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Home Business (page 6)

Business

In rift with Biden, Manchin vows to block oil, gas nominee

By Michael
March 10, 2023
in :  Business
Comments Off on In rift with Biden, Manchin vows to block oil, gas nominee
2,406

By MATTHEW DALY Associated Press WASHINGTON (AP) — In a sign of a deepening rift among Democrats on energy issues, conservative Democratic Sen. Joe Manchin says he will not move forward on President Joe Biden’s nominee to oversee oil and gas leasing at the Interior Department. Manchin, of West Virginia, chairs the Senate Energy and Natural Resources Committee and has …

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EDC of Lea County celebrates 60 years

By Michael
February 21, 2023
in :  Business
Comments Off on EDC of Lea County celebrates 60 years
3,047

EDC of Lea County celebrates 60 years Jennifer Grassham/EDC president It was the year the computer mouse, push-button telephone, and cassette tapes arrived on the scene. The US Postal Service announced ZIP codes, The Avengers comic was first published, and a new car company, Lamborghini, was founded and debuted its first prototype 350 GTV automobile.   1963 was also the …

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Difficulty measuring methane slows plan to slash emissions

By Michael
January 31, 2023
in :  Business
Comments Off on Difficulty measuring methane slows plan to slash emissions
2,285

By CATHY BUSSEWITZ AP Energy Writer NEW YORK (AP) — The doors of a metal box slide open, and a drone rises over a gas well in Pennsylvania. Its mission: To find leaks of methane, a potent greenhouse gas, so that energy companies can plug the leaks and reduce the emissions that pollute the air. The drone is among an …

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Lea tops million barrels oil per day

By Michael
January 10, 2023
in :  Business, Local News
Comments Off on Lea tops million barrels oil per day
5,389

CURTIS C. WYNNE/NEWS-SUN Keeping the No. 1 spot among the nation’s counties, Lea County hit the record books again, logging almost 32 million barrels of crude oil in October.  That’s a little more than a million barrels a day. With a lion’s share of county revenue coming from the oil and gas industry, County Finance Director Chip Low tracks the …

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Biden vows ‘consequences’ for Saudis after OPEC+ cuts output

By Michael
October 13, 2022
in :  Business
Comments Off on Biden vows ‘consequences’ for Saudis after OPEC+ cuts output
1,997

By AAMER MADHANI Associated Press WASHINGTON (AP) — President Joe Biden said Tuesday there will be “consequences” for Saudi Arabia as the Riyadh-led OPEC+ alliance moves to cut oil production and Democratic lawmakers call for a freeze on cooperation with the Saudis. Biden suggested he would soon take action, as aides announced that the administration is reevaluating its relationship with …

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Lea continues to lead in oil rig count

By Michael
October 11, 2022
in :  Business
Comments Off on Lea continues to lead in oil rig count
3,285

Curtis Wynne/News-Sun After almost three years, Lea County still leads all other counties in the nation with active oil rigs, surpassed only by two whole states — New Mexico and Texas. Adding six rigs in the week before Sept. 23, according to data published by oil field services company Baker Hughes, Lea County had a total of 71 active rigs, …

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Eunice finalizes cannabis ordinance

By Michael
October 5, 2022
in :  Business, Local News
Comments Off on Eunice finalizes cannabis ordinance
3,864

Curtis Wynne/News-Sun EUNICE — Within 30 days, the City of Eunice will join other communities around New Mexico getting used to having legal marijuana sales inside the city. With little discussion, the Eunice City Council this week formalized an ordinance to regulate, insofar as the community is allowed by state law, the “possession, cultivation, manufacture and sale of cannabis.” The …

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Eunice finalizes cannabis ordinance

By Michael
October 5, 2022
in :  Business, Local News
Comments Off on Eunice finalizes cannabis ordinance
4,485

Curtis Wynne/News-Sun EUNICE — Within 30 days, the City of Eunice will join other communities around New Mexico getting used to having legal marijuana sales inside the city. With little discussion, the Eunice City Council this week formalized an ordinance to regulate, insofar as the community is allowed by state law, the “possession, cultivation, manufacture and sale of cannabis.” The …

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TikTok search results riddled with misinformation

By Michael
September 20, 2022
in :  Business
Comments Off on TikTok search results riddled with misinformation
1,991

By DAVID KLEPPER Associated Press TikTok may be the platform of choice for catchy videos, but anyone using it to learn about COVID-19, climate change or Russia’s invasion of Ukraine is likely to encounter misleading information, according to a research report published Wednesday. Researchers at NewsGuard searched for content about prominent news topics on TikTok and say they found that …

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Permian Strategic Partnership adds two new members

By Michael
September 16, 2022
in :  Business, State/Regional News
Comments Off on Permian Strategic Partnership adds two new members
2,645

For the News-Sun MIDLAND, Texas — Permian Strategic Partnership brought the total company membership to 19 with the addition of Kinetik and Water-Bridge Resources this week. “We are thrilled to welcome Kinetik, WaterBridge and their respective board members Matt Wall and Jason Long to our team,” said Tracee Bentley, president and CEO of the PSP. “These companies bring tremendous talent and …

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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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