Independent Petrolium Association of New Mexico
Recent News About Independent Petrolium Association of New Mexico
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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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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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The Environmental Protection Agency (EPA) has finalized a new rule imposing a methane fee on oil and gas companies.
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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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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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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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New Mexico Senate Republicans have chosen Senator William Sharer from Farmington as their new Senate Minority Leader.
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Ozone pollution has been declining across the United States for years, but southeastern New Mexico is experiencing an increase.
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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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The State Land Office in New Mexico is making another attempt to increase oil and gas royalties on leased land.
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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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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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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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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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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.
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The Independent Petroleum Association of New Mexico (IPANM) has joined a coalition of oil and gas trade associations in filing a lawsuit against the Bureau of Land Management (BLM). The coalition, led by Western Energy Alliance, is challenging the new BLM Fluid Mineral Leases and Leasing Process Rule that was introduced last month. The lawsuit was filed in U.S. District Court in the District of Wyoming.
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Republican Texas Senator Ted Cruz has introduced a bill aimed at reversing the Biden administration's protections for the Dunes Sagebrush Lizard. Critics argue that these protections will hinder oil and gas development.
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A coalition of Republican-led states is requesting the Supreme Court to stop the Biden administration’s initiative to reduce methane emissions from oil and gas production. The group, consisting of 23 state attorneys general and Arizona’s GOP-led Legislature, seeks to prevent the implementation of an Environmental Protection Agency (EPA) rule that mandates oil and gas wells control leaks of methane, a significant contributor to global warming.
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Preliminary data from the U.S. Energy Information Administration (EIA) showed that oil companies pumped an average of 13.4 million barrels a day from U.S. oil fields during the week ended August 2, surpassing the previous record of 13.3 million barrels set several times this year. U.S. oil production has been on a steady rise since 2008, setting an annual peak in 2023 that is likely to be exceeded this year.
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The American Petroleum Institute (API) has released new polling data from key battleground states, showing strong support for policies that promote domestic oil and natural gas production. Conducted by Morning Consult, the poll highlights voter concerns about inflation and a preference for reducing reliance on foreign energy sources.