Top News & Analysis New Mexico

  • Feb 20- New Mexico Attorney General Hector Balderas on Thursday filed a lawsuit against Alphabet Inc's Google, alleging that it acquired personal information from school children in the state violating their privacy rights. He said the collection of personal data was in violation of the Federal Children's Online Privacy Protection Act and New Mexico's...

  • Feb 20- New Mexico Attorney General Hector Balderas on Thursday filed a lawsuit against Alphabet Inc's Google, alleging that it acquired personal information from school children in the state violating their privacy rights. He said the collection of personal data was in violation of the Federal Children's Online Privacy Protection Act and New Mexico's...

  • If producers in the Permian Basin, the top U.S. shale field, cannot drop flaring rates below 2% of gas produced by the first half of next year, when new pipelines would have come online, Sheffield asked investors in public shares, bonds or private equity firms to "end up either not doing business or sell whatever you have in regard to that company."

  • CPC: BELOW NORMAL SEASONAL PRECIPITATION FAVORED ACROSS SW OREGON, CALIFORNIA, SOUTH NEVADA, ARIZONA, NEW MEXICO, PARTS OF WEST TEXAS.

  • Flaring, or deliberately burning gas produced alongside oil, has surged with crude production in Texas, but can worsen climate change by releasing carbon dioxide. Ryan Sitton, one of three elected oil and gas regulators, said Texas' flaring intensity is lower than other oil-producing areas, including North Dakota, Iran, Iraq and Russia. Companies with the lowest...

  • President Donald Trump on Thursday said he opposes the long-delayed Yucca Mountain nuclear waste repository in Nevada, reversing his policy on a project on which the United States has spent billions of dollars over decades but never opened. On Thursday, however, Trump wrote on Twitter: " Nevada, I hear you on Yucca Mountain and my Administration will RESPECT you!"

  • "Now, EPA needs to enforce these rules." In an emailed statement, the EPA said that "it is important to note that benzene concentration levels monitored at the perimeter of a refinery do not reflect benzene levels in the community. EPA said it would not comment on ongoing or potential enforcement actions.

  • "Now, EPA needs to enforce these rules." EPA officials did not immediately respond to requests for comment. According to the report, benzene levels consistently exceeded the EPA standard of 9 micrograms per cubic meter of air at the fencelines of 10 of the more than 100 refineries examined by EIP.

  • Matt Gallagher, chief executive of Permian Basin shale producer Parsley, called natural gas flaring a "black eye" and urged the industry to reduce emissions, during a speech at the NAPE Summit in Houston. U.S. flaring rose in 2019 for a third year in a row as soaring production in Texas, New Mexico and North Dakota overwhelmed regulatory efforts to curb the practice,...

  • Feb 5- Royal Dutch Shell, which plans billions of dollars in spending on shale drilling projects, boosted output in the top U.S. shale field to 250,000 barrels per day in December, the company's Permian Basin head said on Wednesday. Shell plans to spend about $3 billion per year for the next five years on shale projects, said Amir Gerges, vice president of Permian...

  • NEW YORK, Jan 29- Guidon Energy, an oil exploration and production company majority-owned by private equity firm Blackstone Group Inc, is exploring a sale that could value the Permian basin operator at more than $2.5 billion including debt, according to people familiar with the matter. Of the few deals consummated, most have been among producers focused on the...

  • Jan 23- Waymo, the self-driving unit of Alphabet Inc, said on Thursday it will start testing autonomous trucks and vans in Texas and New Mexico this week. The company will be using its minivan Chrysler Pacifica and long-haul trucks in the two states, it said https://twitter.com/Waymo/status/1220300148892413954 in a tweet. Waymo, considered a leader in the...

  • NEW YORK, Jan 21- U.S. oil and natural gas output in major shale formations is expected to rise by the smallest in about a year in February to record highs, the U.S. Energy Information Administration said on Tuesday, as producers pull back on new drilling. The Permian and Bakken regions have been the biggest drivers of a shale boom that helped make the United States the...

  • NEW YORK, Jan 21- U.S. oil output from seven major shale formations is expected to rise about 22,000 barrels per day in February to a new record of about 9.2 million bpd, the U.S. Energy Information Administration said in a monthly forecast on Tuesday. Output at the largest formation, the Permian Basin of Texas and New Mexico, is expected to rise 45,000 bpd to a record...

  • Jan 17- Rhode Island Governor Gina Raimondo signed an executive order on Friday aiming for renewable energy to provide all of the state's electricity by 2030 to fight climate change. With the order, Rhode Island joins several other states that have set 100% clean energy goals, including Hawaii, California, New Mexico, Maine, New York, Washington and Virginia,...

  • *Signing of U.S.- China phase 1 deal expected at 1630 GMT. SINGAPORE, Jan 15- Oil prices slipped on Wednesday on concerns that the pending Phase 1 trade deal between the United States and China, the world's biggest oil users, may not boost demand as the U.S. intends to keep tariffs on Chinese goods until a second phase. Treasury Secretary Steven Mnuchin said late on...

  • *Signing of U.S.- China phase 1 deal expected at 1630 GMT. SINGAPORE, Jan 15- Oil prices slipped on Wednesday on concerns that the pending Phase 1 trade deal between the United States and China, the world's biggest oil users, may not boost demand as the U.S. intends to keep tariffs on Chinese goods until a second phase. Treasury Secretary Steven Mnuchin said late on...

  • *Signing of U.S.- China phase 1 deal expected at 1630 GMT. SINGAPORE, Jan 15- Oil prices slipped on Wednesday on concerns that the pending Phase 1 trade deal between the United States and China, the world's biggest crude users, may not lead to more fuel demand as the U.S. intends to keep tariffs on Chinese goods in place. Treasury Secretary Steven Mnuchin said late on...

  • Jan 9- Tri-State Generation and Transmission Association on Thursday said it will close its Escalante Station in New Mexico by end of 2020, and Craig Station and Colowyo Mine in northwest Colorado by 2030.. The wholesale power supplier will recognize a one-time impairment loss of about $282 million in the first quarter of 2020 due to early retirement of 253-...

  • Silicon Valley-based Impossible Foods, which supplies plant-based Whopper patties to Burger King in the United States, said it would begin a limited trial of the Impossible Sausage in five regions including Springfield, Illinois, and Albuquerque, New Mexico. "The number of people who are eating pork from pigs is humongous and the fraction of that market that is...