SANTA FE — New Mexico’s growing oil and natural gas industry is poised to attract as much as $174 billion in new infrastructure investments through 2030, according to a new study prepared by the global consulting firm ICF. The report was commissioned by the New Mexico Oil and Gas Association and the American Petroleum Institute and announced Tuesday by NMOGA. …

A group of major oil and gas companies with plays in the Permian Basin and related service companies has announced the formation of an energy alliance, collectively committing more than $100 million over the next several years to spur additional private-sector investment in the region. The announcement of the Permian Strategic Partnership is scheduled to appear in op-ed pieces today …

Exxon revenue takes off with oil prices, profit falls short By DAVID KOENIG, AP Business Writer DALLAS (AP) — Motorists who are paying 40 cents a gallon more than last spring should have no trouble understanding why Exxon’s profit is up. Higher oil prices drove Exxon’s first-quarter profit up by 16 percent to $4.65 billion, the oil giant’s best first quarter …