New Mexico's Economic Growth Tied To Oil & Gas

Andrew Oxford | Santa Fe New Mexican | June 12, 2018
New Mexico’s latest oil and gas boom is buoying the state’s finances a year after lawmakers scrambled to balance the budget.
Read moreExxonMobil Announces Greenhouse Gas Reduction Measures

ExxonMobil Corporation | May 23, 2018
IRVING, Texas – ExxonMobil today announced greenhouse gas reduction measures that are expected to lead to significant improvements in emissions performance by 2020, including a 15 percent decrease in methane emissions and a 25 percent reduction in flaring. The company also announced its intention to improve its industry-leading energy efficiency in refining and chemical manufacturing facilities.
Read moreViewpoint: Why I'm betting on NM's oil sector

Dan K. Eberhart | Albuquerque Business First | May 29, 2018
When the stampede for acreage in the Delaware Basin began in 2016, many across southern New Mexico had already given up on the state’s oil patch and left for jobs elsewhere. Despite a steady recovery, the previous two years of free-falling prices clearly took a toll on the local economy.
Read moreNM Senators Honored for Conservation Efforts

Rick Nathanson | Albuquerque Journal | May 29, 2018
ALBUQUERQUE, N.M. — Sens. Tom Udall and Martin Heinrich of New Mexico recalled a daylong horseback ride into the Sabinoso Wilderness last year with U.S. Interior Secretary Ryan Zinke that ultimately got Zinke to retreat from his marching orders to shrink national wilderness and monument acreage.
Read moreExxonMobil and Employees Contribute More Than $170,000 to New Mexico Colleges and Universities

ExxonMobil Corporation | May 21, 2018
IRVING, Texas--(BUSINESS WIRE)--ExxonMobil and its employees contributed more than $170,000 to institutions of 6 higher education across New Mexico as part of the ExxonMobil Foundation’s 2017 Educational Matching Gift Program.
Read moreReport: US Oil and Gas Companies Have Invested $108B in GHG Reduction Technology Since 2000

Jack Anderson | Energy in Depth | May 16, 2018
The US oil and gas sector is a major contributor of investment into greenhouse gas mitigation technologies, according to a new study commissioned by the American Petroleum Institute (API). Between 2000 and 2016, oil and gas companies alone invested a cumulative $108.2 billion in technologies aimed at reducing greenhouse gas emissions from a variety of sources. Notably, that total doesn’t include an additional $193.3 billion invested in emissions-lowering shale gas, which the Energy Information Administration and other reputable third-party sources have largely credited for the 13 percent drop in U.S. energy-related carbon dioxide emissions since 2005.
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