Cal Poly San Luis Obispo received a $1.5 million grant from the U.S. Department of Energy to continue testing the feasibility of a Central Coast wave energy facility. Cal Poly’s Institute for Advanced Technology & Public Policy is testing the feasibility of building a Central Coast wave energy park through its CalWave project. The $1.5 Read More →
By pacbiztimes / Friday, March 25th, 2016 / Energy, middle / Comments Off on Plains gets blame for Venoco bankruptcy filing
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By Staff Report / Friday, March 18th, 2016 / Energy, Latest news / Comments Off on Venoco files for Chapter 11 bankruptcy
Venoco, the Denver-based oil and gas company with substantial operations in the tri-county region, has filed a pre-packaged Chapter 11 bankruptcy after agreeing with lenders to slash $1 billion in debt. Venoco said March 18 that it reached an agreement with its senior lenders on a restructuring agreement. The company earlier said it was suspending Read More →
By pacbiztimes / Friday, March 4th, 2016 / Energy, left / Comments Off on Plains oil pipelines don’t qualify as interstate
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A U.S. District Court ordered Plains All American Pipeline to stop misleading claimants seeking to recover interim damages from the Refugio oil spill and invalidate releases that preclude them from joining the class-action lawsuit and recouping further compensation. “The Court finds that Defendants are engaged in misleading conduct by using the OPA claims process — Read More →
By Staff Report / Thursday, February 25th, 2016 / Energy, Latest news / Comments Off on Live streaming of Phillips 66 crude-by-rail meeting crashes
More people have participated in the San Luis Obispo County Planning Commission discussion on Phillips 66 crude-by-rail expansion project than any tri-county topic in recent memory. So many that they crashed the county website Feb. 25. Viewers near and far were unable to tune in to the county’s live stream of the morning meeting, which Read More →
By pacbiztimes / Friday, February 19th, 2016 / Energy, middle, South Coast / Comments Off on Refugio oil spill sparks federal resource reshuffling
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