Our oil and natural gas industry is vital to New Mexico!
New Mexico's oil and natural gas industry plays a vital role in the state's economy and energy security.
Brighter Future Fund awards $45,000 in grants to Non-Profits
For Immediate Release January 24, 2023SANTA FE, NEW MEXICO – The New Mexico Oil and Gas Association’s Brighter Future Fund announced $45,000 in grant awards to six New Mexico non-profit organizations in support of their efforts to expand Science, Technology, Engineering, and Math (STEM) education, increase economic opportunity, and reduce hunger in communities across New Mexico. The awards complete the Brighter Future Fund’s year of grantmaking, having awarded more than $115,000 to New Mexico non-profits.Read more
New Mexico producers use Advanced Technologies to Reduce Emissions
New Mexico’s oil and natural gas producers are actively utilizing and developing advanced technologies to reduce emissions. Here are some examples:
Aramco chief warns of possible oil supply shortages, as Chinese demand set to surge
Natasha Turak, CNBC | January 18th, 2023The chief of the world's largest oil company is worried about global crude supplies.Read more
Budget proposals show record money after oil boom
Nicole Maxwell, NM Political Report | January 16th, 2023
The Legislative Finance Committee released its budget recommendations last Thursday.Read more
Oil money windfall pushes New Mexico spending proposals to $9.4B. Lawmakers warned of bust
Adrian Hedden, Carlsbad Current Argus | January 13th, 2023
Bolstered by a surging oil and gas industry in the state, New Mexico lawmakers and the Gov. Michelle Lujan Grisham aligned in recommending $9.4 billion in spending for the next fiscal year for the legislature to consider in the upcoming session starting next week.Read more