×

Top News & Analysis New Mexico

  • New York Attorney General Eric Schneiderman

    A coalition of 17 U.S. states filed a legal challenge against efforts by President Donald Trump's administration to roll back climate change regulations.

  • "The law is clear: the EPA must limit carbon pollution from power plants," New York Attorney General Eric Schneiderman said in a statement announcing the challenge. Shortly after, EPA filed a legal motion asking the U.S. Court of Appeals for the District of Columbia Circuit to delay ongoing court proceedings on the regulation to allow for the review.

  • HOUSTON, April 5- Nearly a century after Chevron Corp amassed the No. 2 stake in America's largest oilfield, Chief Executive John Watson is hitting the accelerator on developing the company's vast Permian Basin holdings. In an interview, Watson made clear his desire to put the West Texas to New Mexico expanse in the ranks of Chevron's biggest ventures.

  • March 30- President Donald Trump's Air Force secretary nominee, Heather Wilson, told U.S. senators on Thursday that other jets lacked the stealth capability of Lockheed Martin Corp's F-35 fighter jet, in remarks suggesting the Pentagon's most expensive weapons system would have an important advocate. Wilson, a former U.S. representative from New Mexico, would...

  • The co-pilot suffered a medical emergency on board flight 1353, just before touching down in Albuquerque.

  • March 21- Marathon Oil Corp said on Tuesday it bought additional acreage in the Permian basin for about $700 million, the company's second purchase in less than two weeks as it focuses on higher-margin, lower-cost U.S. assets. The about 21,000 acres, situated in the Northern Delaware basin of New Mexico, was acquired from Black Mountain Oil& Gas and other private...

  • NEW YORK, March 13- U.S. shale oil production in April was set for its biggest monthly increase since October as output in the Permian Basin, America's fastest growing shale oil region, was expected to hit another record high, government data showed on Monday. Oil production in the Permian Basin in Texas and New Mexico, the largest U.S. shale oil field, was set to rise...

  • Crude production is expected to reach 9.53 million barrels per day in December 2017, according to the latest forecasts from the U.S. Energy Information Administration. Revisions are concentrated in output from the Lower 48 states, excluding federal waters in the Gulf of Mexico, so they are mostly about shale output, rather than offshore fields and Alaska.

  • WASHINGTON, March 9- President Donald Trump promised in a meeting with community bankers on Thursday to strip away some Dodd-Frank financial regulations and ensure they can continue giving small businesses access to capital. Trump, joined by National Economic Council Director Gary Cohn and Treasury Secretary Steve Mnuchin, said community banks play a "...

  • Crude production is expected to reach 9.53 million barrels per day in December 2017, according to the latest forecasts from the U.S. Energy Information Administration. Revisions are concentrated in output from the Lower 48 states, excluding federal waters in the Gulf of Mexico, so they are mostly about shale output, rather than offshore fields and Alaska.

  • Under a deal announced on Monday, Peabody said it had arranged for $1.26 billion in third-party bonds and $14.5 million in a state bond pool in Indiana, one of the states where it held self-bonds, to fully satisfy its financing requirements. It's also another example of how credit markets and banks seem to be more willing to open up their books to coal companies, "...

  • Concerns over how Peabody, the world's largest private-sector coal miner, would finance about $1 billion in self-bonds when it emerges from bankruptcy protection had led a series of complaints over its reorganization plan. Under a deal announced on Monday, Peabody said it had arranged for $1.26 billion in third-party bonds and $14.5 million in a state bond...

  • HOUSTON/ CALGARY, March 3- Doug Lucas stood outside a Houston energy conference early one morning last month handing out resumes and hoping to catch the eye of oil executives with a hand-written sign advertising "Petroleum Eng. Cut from oilfield services firm Halliburton Co in 2015, the 26- year-old temporarily turned to lawn care and cable-TV sales jobs while...

  • The TV streaming service provider, which is owned by Walt Disney Co, Comcast Corp, 21st Century Fox, and Time Warner Inc, will set up a new center in New Mexico or Texas by this fall and will hire 100 representatives this year, bringing its total to 300.. Their owners also have large customer service staffs already handling calls from their traditional pay TV...

  • BOSTON, Feb 27- Fidelity Investments plans to offer voluntary buyouts to employees who are 55 years or older, and who have worked for the Boston- based fund firm at least 10 years, a company executive said on Monday. For instance it recently described plans to lay off 100 employees who work near Dallas, while adding 135 new workers in Albuquerque, New Mexico, according...

  • Offshore production from the Gulf of Mexico accounted for more than half the total gain, adding an extra 175,000 bpd, with output from Alaskas North Slope also up 61,000 bpd. However, production increases were also reported from onshore predominantly shale plays in North Dakota, Oklahoma, New Mexico and Texas. Production from the contiguous United States...

  • Offshore production from the Gulf of Mexico accounted for more than half the total gain, adding an extra 175,000 bpd, with output from Alaskas North Slope also up 61,000 bpd. However, production increases were also reported from onshore predominantly shale plays in North Dakota, Oklahoma, New Mexico and Texas. Production from the contiguous United States...

  • NOGALES, Arizona, Feb 16- For up to 16 hours a day, tomatoes, peppers, cucumbers and mangoes grown in Mexico flow north through a border checkpoint into Nogales, Arizona, helping to ensure a year-round supply of fresh produce across the United States. Now in office, Trump is considering a 20 percent tax on imports from Mexico, one of several ideas under review in...

  • JUDGE GRANTS COMMONWEALTH OF VIRGINIA REQUEST FOR PRELIMINARY INJUNCTION OVER TRUMP TRAVEL BAN-RULING.

  • NEW YORK, Feb 13- U.S. shale oil production for March is expected to rise by the most in five months to its highest rate since May last year, government data showed on Monday, as energy companies boost drilling on the back of crude prices that are hovering over $50 a barrel. March oil production is forecast to rise by nearly 79,000 barrels per day to 4.87 million bpd,...