July 14, 2026
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Home Business (page 6)

Business

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
4,809

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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Saudi Arabia is slashing oil supply

By Michael
June 5, 2023
in :  Business
Comments Off on Saudi Arabia is slashing oil supply
3,367

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. …

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Abandoned oil, gas wells get plugged in New Mexico

By Michael
April 19, 2023
in :  Business
Comments Off on Abandoned oil, gas wells get plugged in New Mexico
3,362

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 …

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Oil drilling in Gulf safer, but concerns linger, report says

By Michael
April 5, 2023
in :  Business
Comments Off on Oil drilling in Gulf safer, but concerns linger, report says
3,056

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 …

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House GOP approves broad bill to ‘unleash’ American energy

By Michael
March 30, 2023
in :  Business, National/World News
Comments Off on House GOP approves broad bill to ‘unleash’ American energy
6,457

By MATTHEW DALY Associated Press WASHINGTON (AP) — House Republicans on Thursday approved a sprawling energy package that seeks to undo virtually all of President Joe Biden’s agenda to address climate change. The legislation would sharply increase domestic production of oil, natural gas and coal, and ease permitting restrictions that delay pipelines, refineries and other projects. It would boost production …

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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
2,502

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
3,218

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
2,415

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
5,553

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
2,107

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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NMJC to remodel Mansur Hall

Hobbs News-Sun
2 weeks ago

NMJC to remodel Mansur Hall Levi Hill/News-Sun New Mexico Junior College is committing $6.99 …

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