Oil and gas giant, XTO Energy, has cancelled it's permit application to build and operate a new natural gas plant and central delivery point in Eddy County citing “future infrastructure…
The New Mexico Environmental Department and the Energy, Minerals and Natural Resources Department have released the first draft of New Mexico's plan to focus on methane emissions and lower levels…
As the Covid-19 pandemic decimates the demand for oil and fuel, recent prices for oil by the barrel have cratered into the negatives for the first time ever. The collapse…
Chevron has a long and vibrant history of growth and success in southern NM; offering high paying jobs, providing the oil revenue for our schools and roads, and now giving…
With the price-per-barrel cost of domestic crude hovering slightly above twenty dollars, Permian oil operations have begun to contract, with some companies shutting down production entirely. The spread of COVID-19…
Due to recent concerns about coronavirus spread, and the New Mexico Department of Health decision to prohibit large gatherings, the NM Energy, Minerals and Natural Resources Department and Environment Department…
Due to the reality of a stark economic slowdown and oil prices crashing amid a price war in the middle east, the governor has vetoed a spending bill intended to…
Coronavirus fears have continued to bind economies worldwide as global demand for oil is forecast to shrink for the first time since 2009. Oil prices fell Monday by the highest…
A Democrat sponsored house bill aims to ban fracking nationwide by 2025. The bill, which was sponsored by U.S. Rep. Alexandria Ocasio Cortez (D-N.Y.), U.S. Sen. Bernie Sanders (I-Vt.), Sen.…
New Mexico's Permian Basin is one of the most prolific oil and gas producing regions in the world and is the source of NM's billion dollar increase in state revenue…