Independent Petrolium Association of New Mexico
Recent News About Independent Petrolium Association of New Mexico
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DEPA criticizes DOE's LNG export report citing debunked myths
Today, the Domestic Energy Producers' Alliance (DEPA) criticized a report by the Department of Energy (DOE) regarding the impact of U.S. LNG exports.
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New Mexico unveils $10.9 billion budget with focus on infrastructure and healthcare
The state's increased spending is aligned with the surge in revenue collections, reaching unprecedented levels.
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U.S. sees significant drop in methane emissions despite record energy production
Methane emissions from the United States' leading oil and gas-producing regions have decreased by 44 percent since 2011, according to data from the Environmental Protection Agency (EPA).
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IPAA advises Trump team on future U.S. energy policy priorities
The Independent Petroleum Association of America (IPAA) has outlined a series of energy policy recommendations for the Trump transition team.
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New Mexico remains second largest oil-producing state in US
As of 2024, the United States maintains its position as the largest crude oil producer globally, a status it has held since 2018.
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Trump team plans action against Biden's LNG permit moratorium
President-elect Donald Trump's transition team is preparing an executive order aimed at lifting the moratorium on natural gas export permits, which was implemented by the Biden administration.
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New Mexico court rules against IPANM in methane regulation case
The New Mexico Court of Appeals has issued a decision regarding the Independent Petroleum Association of New Mexico's (IPANM) legal challenge to the state's Ozone Precursor (Methane) Rule.
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EPA imposes new methane fee amid transition
The Environmental Protection Agency (EPA) has finalized a new rule imposing a methane fee on oil and gas companies.
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New Mexico welcomes fresh faces as legislature gains new members
With a significant number of state representatives and senators retiring this year, New Mexico anticipated many new faces in the Legislature for 2025.
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New Mexico selects new legislative leaders after caucus meetings
Santa Fe New Mexican reported on November 17, 2024, that new legislative leaders have been selected following caucus meetings in Santa Fe.
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New Mexico reviews PFAS rules for oil and gas amid differing opinions
The Oil Conservation Commission in New Mexico is set to review proposed changes to PFAS regulations concerning oil and gas usage.
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William Sharer named new senate minority leader by New Mexico Republicans
New Mexico Senate Republicans have chosen Senator William Sharer from Farmington as their new Senate Minority Leader.
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Lawmakers weigh health risks amid rising ozone pollution in New Mexico
Ozone pollution has been declining across the United States for years, but southeastern New Mexico is experiencing an increase.
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CTEH evaluates necessity of setbacks in oil and gas production
CTEH has released a report evaluating the health impacts of oil and gas well production, focusing on whether setbacks are necessary or beneficial.
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New Mexico state land office seeks higher oil and gas royalties again
The State Land Office in New Mexico is making another attempt to increase oil and gas royalties on leased land.
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Independent Petroleum Association mourns loss of NM State Senator John Arthur Smith
The Independent Petroleum Association of New Mexico (IPANM) has expressed its condolences following the death of New Mexico State Senator John Arthur Smith, who was the former Chair of the Legislative Finance Committee.
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Senate committee advances bipartisan energy permitting reform act
The U.S. Senate Energy and Natural Resources Committee has advanced a bipartisan permitting reform package aimed at bolstering American energy security. The committee voted 15-4 on Wednesday to move forward with the Energy Permitting Reform Act of 2024, S. 4753. This bill, introduced on July 23 by U.S. Senators Joe Manchin (I-WV) and John Barrasso (R-WY), seeks to accelerate the permitting process for critical energy and mineral projects in the United States.
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Oil and gas mergers total $250 billion over past year
Over the past 12 months, upstream consolidation deals in the oil and gas sector have reached an unprecedented $250 billion, according to a report released by Enverus Intelligence Research (EIR). This figure highlights the intense rush for consolidation and growth in America's shale patch.
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New Mexico court advances IPANM's methane rule challenge
IPANM’s legal challenge to New Mexico’s Ozone Precursor Rule will proceed after the New Mexico State Court of Appeals assigned a three-judge panel to rule on the case. The court announced this decision on Wednesday, May 1, 2024, with the publication of the announcement of the three judges assigned to the ruling panel.
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New Mexico sees record $15 billion income from oil & gas
Oil and gas generated over $15 billion in income for New Mexico in the last fiscal year, according to a state economic report presented to lawmakers during a recent meeting in Carlsbad.