News

U.S. Energy Industry Invites President Biden to Visit American Energy Sites Ahead of Planned Trip to Saudi Arabia

U.S. Energy Industry Invites President Biden to Visit American Energy Sites Ahead of Planned Trip to Saudi Arabia

American Petroleum Institute | June 23rd, 2022WASHINGTON, June 23, 2022 – Ahead of the President’s travel to the Middle East next month, the American Petroleum Institute (API) today joined with 27 energy associations to urge President Biden and his Cabinet to visit America’s major energy facilities - from production to distribution to refining to innovation hubs - as geopolitical volatility and energy costs continue to rise. In a letter to President Biden and key administration officials, the organizations - who represent more than 11 million American skilled workers keeping the lights on and fuels flowing - encouraged the administration to recognize domestic energy resources as a strategic asset for U.S. national and economic security and highlighted America’s vast natural gas and oil reserves that can help meet growing demand for reliable energy.

Read more

Devon Donates $50,000 to Wildfire Relief

Devon Donates $50,000 to Wildfire Relief

Devon Energy | June 21st, 2022CARLSBAD, N.M. (June 21, 2022) — Devon Energy has contributed $50,000 to the All Together NM Fund to help fill the gaps until federal funds are available. The funds will support emergency shelters; food and water distribution; and other critical services following recent wildfires. 

Read more

Feds again delay New Mexico Oil and gas land sale

Feds again delay New Mexico Oil and gas land sale

Adrian Hedden, Carlsbad Current Argus | June 15th, 2022A sale of public land in southeast New Mexico’s Permian Basin to the oil and gas industry was delayed again by about a week by the federal Bureau of Land Management, amid criticism that the federal administration’s energy policy was harming American consumers.

Read more

Biden Is Still Trying To Ban Federal Oil, Gas Leasing

Biden Is Still Trying To Ban Federal Oil, Gas Leasing

Thomas Catenacci, Daily Caller | June 15th, 2022The Biden administration asked a federal court this week to uphold its ban on new federal oil and gas leasing, according to Department of Justice (DOJ) court filings.

Read more

Oxy Donates to American Red Cross New Mexico Wildfire Relief

Oxy Donates to American Red Cross New Mexico Wildfire Relief

Oxy | June 15th, 2022Oxy today announced a contribution of $100,000 to the American Red Cross in support of emergency wildfire relief efforts in New Mexico. In 2022, multiple large wildfires burned approximately 800,000 acres in New Mexico, leading to the evacuation of over 50,000 residents.

Read more

IEA: 2023 world oil demand to surpass pre-pandemic levels

IEA: 2023 world oil demand to surpass pre-pandemic levels

Oil & Gas Journal | June 15th, 2022In its June issue Oil Market Report (OMR), the International Energy Agency (IEA) forecasts world oil demand will expand by 2.2 million b/d to 101.6 million b/d in 2023, surpassing pre-pandemic levels.

Read more