New Mexico's Legislature has endorsed a bill that would raise royalty rates for new petroleum development on prime parcels in one of the world’s most prolific oil basins.

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

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 ...

A more than 40-mile long conveyor belt filled with sand stretches from the oil fields of West Texas to New Mexico, all for the purpose of one mission: oil production KERMIT, Texas -- It's longer ...

the Whale platform is setting a new standard for offshore energy development. As CVX and SHEL continue to invest in the region, the Gulf of Mexico will remain a critical source of oil and gas for ...

The state of New Mexico is expected to overtake Mexico’s crude oil production in the current month, according to commodity analysts projected report at Standard Chartered. New Mexico’s ...

The Permian Basin in New Mexico is dotted with thousands of oil wells, and includes some of the largest oil fields in the nation. With many breathtaking national parks, forests and historical ...

No previous lawsuit has targeted the 1971 amendment, which mandates that the state prevent the despoilment of New Mexico’s air, water and other natural resources, and protect the state’s beautiful and ...

WASHINGTON >> The Trump administration’s mass layoffs of federal workers have slowed the government’s ability to permit some ...

A more than 40-mile long conveyor belt filled with sand stretches from the oil fields of West Texas to New Mexico, all for the purpose of one mission: oil production.