The state Legislature has endorsed a bill that would raise royalty rates for new petroleum development on prime pieces of ...

So far, the Legislature has killed bills that would further reduce climate-warming emissions or new regulations for the oil ...

A conference committee aims to reconcile differences in New Mexico's House Bill 14, which initially included an oil surtax to ...

NEW MEXICO (KRQE) – The Permian Basin ... The lighting from these oil and natural gas sites has become a major concern, putting workers and wildlife who rely on the absence of light, at risk.

New Mexico legislators have passed a bill increasing the maximum royalty rate on oil and gas leases from 20% to 25%, a ...

The New Mexico energy industry’s political environment is as different from Texas’s as it could possibly get and the Southeast New Mexico representatives and senators have a battle royale on ...

The state of New Mexico is ... that U.S. crude oil output will hit an all-time high in June 2023, noting that total U.S. oil liquids output (including biofuels and natural gas liquids, NGLs ...