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By Joshua Molina / Friday, May 5th, 2017 / Energy, middle / Comments Off on Trump’s orders on monuments, offshore drilling decried
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By Joshua Molina / Friday, April 21st, 2017 / Energy, left, South Coast / Comments Off on Venoco’s exit means Tri-Counties will lose jobs, taxes
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Updated at 12:05 p.m. April 24: When a Plains All American pipeline broke, spilling 142,000 gallons near Refugio Beach two years ago, few would have foreseen the unintended consequence that played out in a Delaware bankruptcy court on April 17. Venoco, a capable operator and the largest corporate taxpayer in Santa Barbara County, announced it Read More →
Just nine months after a federal bankruptcy court approved its reorganization plan, Venoco LLC re-entered Chapter 11 proceedings on April 17 and handed environmentalists a victory in announcing the shutdown of an offshore oil platform. Venoco said that under its plan for bankruptcy reorganization, Platform Holly and the South Elwood Oil Field are being transferred Read More →