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Top News & Analysis New Mexico

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  • ALBUQUERQUE, N.M.— Judge: New Mexico police officers ordered to stand trial for murder in killing of homeless man.

  • WASHINGTON— A professor and associate dean at the Harvard Business School has been selected as the new president of the Federal Reserve Bank of Dallas. Kaplan, 58, is currently the Martin Marshall professor of management practice and a senior associate dean at the Harvard Business School. Prior to joining Harvard in 2006, Kaplan had been vice chairman of the...

  • ALBUQUERQUE, N.M.— A federal judge has rejected an effort by environmental groups to stall oil and gas development in northwestern New Mexico while they fight the approval of dozens of drilling permits issued over the past two years by a federal agency. The judge said the groups put forth enough evidence to cast doubt on the thoroughness of permit decisions made...

  • Reflecting plans announced in May and June, when U.S. crude futures averaged $60 a barrel, drillers added two oil rigs in the week ended Aug. 14, bringing the total count up to 672, the highest since early May, oil services company Baker Hughes Inc said in its closely followed report. Drillers added oil rigs in two of the four major U.S. shale oil basins, with five in the...

  • BERNALILLO, N.M., Aug 5- A U.S. The agreement is critical for U.S. exports and agriculture as a whole, said USDA Under Secretary Michael Scuse at a conference in Bernalillo, N.M., attended by sugar farmers and policymakers, an audience with little to gain from the 12- country agreement. The U.S. sugar market is highly managed through a complex system of price supports and...

  • TULSA, Oklahoma, July 28- The rebound in U.S. jobs, limited in the early part of the recovery to a handful of booming industries such as oil, has broadened across the country as old-line industrial areas such as Michigan and sun belt hubs like Florida pick up the slack. Riding the shale oil and gas boom, Texas, Louisiana, Oklahoma and three other states made an outsized...

  • July 15- Pipeline company Energy Transfer Partners said it would sell convenience store operator Susser Holdings to its unit Sunoco LP for about $1.94 billion in cash and stock. Formerly known as Susser Petroleum Partners LP, Sunoco supplies motor fuel to convenience stores and fuel dealers. Energy Transfer Partners transferred some convenience store...

  • July 15- Pipeline company Energy Transfer Partners said it would sell convenience store operator Susser Holdings for about $1.94 billion to its unit Sunoco LP. Sunoco will pay about $970 million in cash and issue about 22 million of its units valued at about $970 million as of Tuesday's close. Susser operates convenience stores in Texas, New Mexico and Oklahoma...

  • Oil production from the largest U.S. shale plays will plunge in August for a fourth consecutive month, forecasts from the U.S. Energy Information Administration showed on Monday. Energy firms fired thousands of workers and cut back on new drilling after U.S. crude futures collapsed 60 percent from over $107 a barrel in June 2014 to near $42 in March on oversupply...

  • July 13- Oil production from the largest U.S. shale plays is forecast to plunge some 72,000 barrels per day in August compared with the previous month, data from the U.S. Energy Information Administration showed on Monday. Oil production from the Permian play of West Texas and New Mexico, however, is expected to rise 5,000 bpd to 2.05 million bpd, according to the...

  • Drillers added oil rigs in two of the four major U.S. shale oil basins- eight rigs in the Permian in West Texas and eastern New Mexico and one in the Niobrara in Colorado and Wyoming- and cut five rigs each in the other two basins- the Eagle Ford in South Texas and the Bakken in North Dakota and Montana. On Friday, crude futures traded between $52 and $54 a barrel in see-saw...

  • California Hispanic population outstrips white -Census Wednesday, 8 Jul 2015 | 7:52 PM ET

    SAN FRANCISCO, July 8- California's Hispanic population now outnumbers the white population, U.S. The shift makes California the third U.S. state to not have a white plurality, following New Mexico with its large Hispanic population and the predominantly Asian Hawaii. "This is sort of the official statistical recognition of something that has been underway for...

  • The oil rig count rise of 12 to 640 followed a six-month slump in activity that reduced the number of active rigs from a peak of 1,609 in October to a nearly five-year low last week, energy services firm Baker Hughes Inc said in its closely followed report. Drillers added rigs in all of the major U.S. shale oil basins- three in the Eagle Ford in South Texas, two in the...

  • HOUSTON, July 1- A surge in West Texas oil pipeline startups and expansions has squeezed viability of some crude-by-rail terminals in the region, but increased output of ultra-light condensate could give them a niche pipelines cannot fill, a top rail operator in the region said on Wednesday. "The big topic used to be that there wasn't enough takeaway capacity out...

  • It was the 29th straight weekly decline, bringing the total down to 628, the lowest since August 2010, oil services company Baker Hughes Inc said in its closely followed report. In the latest week, drillers removed two rigs in the Permian, the biggest U.S. shale oil play in West Texas and eastern New Mexico, and three in the Bakken centered in North Dakota.

  • State winners and losers in race to woo business Wednesday, 24 Jun 2015 | 4:30 PM ET
    Top States 2015 On The Move

    Some states have made big economic strides. Others are falling short. Here's a look at movers on CNBC's Top States for Business 2015.

  • 24. New Mexico (Tie) Wednesday, 24 Jun 2015 | 4:30 PM ET
    Top States 2015: New Mexico

    The Land of Enchantment is blessed with a strong infrastructure. But lack of business capital can be a curse.

  • Why New Mexico has had 32 months of job growth Wednesday, 24 Jun 2015 | 6:52 AM ET
    New Mexico Gov. Susana Martinez

    Its geographical location has made New Mexico a key trade corridor—and thus a top destination for business, says Gov. Susana Martinez.

  • Overall, drillers reduced the number of rigs by four this week, oil services company Baker Hughes Inc said in its closely followed report. The number of oil rigs in the Permian, the nation's biggest shale oil field located in West Texas and eastern New Mexico, climbed to 232 this week, up one from the lowest level in at least four years last week, according to Baker...

  • Energy firms pulled another seven rigs from U.S. oil fields this week, the most since late May, oil services company Baker Hughes Inc said on Friday in its closely followed report. Despite the overall cuts, drillers this week added rigs in four basins, including the Permian in West Texas and eastern New Mexico, the biggest U.S. shale oil basin. With Saudi Arabia and...