A Houston-based oil and gas company sold off multiple Permian Basin properties to make more than $1 billion last week amid continued growth in the U.S. market in the wake of Russia’s invasion with Russia and the global decline in COVID-19.
Up to $38 million to fund electric vehicle charging stations is coming to New Mexico from the federal government via President Joe Biden’s signature infrastructure bill.
Oil and gas regulators with the State of New Mexico hoped lawmakers would fund additional compliance staff to help regulate the industry and ensure pollution reduction targets are met.