Judge orders Plains to stop misleading oil spill claimants
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 →
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 →
Refugio oil spill sparks federal resource reshuffling
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Oxnard’s Clean Diesel Technologies gets delisting notice
Oxnard-based Clean Diesel Technologies received a delisting notice from the Nasdaq Feb. 12 because it’s stock price was not above the $1 minimum listing price. Clean Diesel Technologies makes diesel emission control systems for cars and other diesel powered vehicles. The company made the announcement in a filing with the Securities and Exchange Commission after Read More →
Plains let Line 901 run for 35 minutes after pipe ruptured in May
Plains All American Pipeline allowed Line 901 to run for 35 minutes after the pipe ruptured the morning of May 19, 2015, according to a preliminary report published on Feb. 17. Federal regulator Pipeline Hazardous Materials Safety Administration came out with a detailed timeline of the Refugio oil spill and more detail regarding Line 901’s Read More →
Venoco misses interest payment, looks to restructure debt
Venoco is looking to restructure its debt as the Refugio oil spill fallout and oil market decline has hindered operations. The Denver-based oil producer that has offices in Carpinteria has chosen not to make the $13.7 million semi-annual interest payment due Feb. 16 on its 8.875 percent senior unsecured notes as the company considers its Read More →
Crude-by-rail plan spurs legal debate
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