Aera Energy barrels ahead with East Cat Canyon oil field
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Our view: Small businesses shine with plenty of support
We can’t think of a better way to celebrate National Small Business Week than to provide a report on the state of entrepreneurship in our region. The good news is that a spirit of innovation continues to spark new startups, with much activity coming from business plan competitions and new workspaces like Impact Hub, the Read More →
Venoco’s exit means Tri-Counties will lose jobs, taxes
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Our view: Shuttered oil pipelines too much for Venoco
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 →
Venoco again files for bankruptcy
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 →
Our view: State needs to be smarter about water infrastructure
The dam was declared totally safe. The collapse was totally unexpected. This month’s emergency evacuation of 200,000 people below the troubled spillways at the Oroville Dam in Northern California recalled memories of a disaster right in our backyard. On March 2, 1928, as many as 600 people, many of them residents of Ventura County, died Read More →
Tri-county energy companies investing in oil projects
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