Lease auction set for Morro Bay wind farm
In a little more than six weeks, more than 40 companies will bid on the first-ever offshore wind lease sale on the West Coast, competing for the right to build floating offshore wind farms off the coast of Morro Bay and elsewhere. The U.S. Department of the Interior announced Oct. 18 that the Bureau of Read More →
ExxonMobil buys damaged Plains All American oil pipeline
For more than seven years, ExxonMobil has left its oil in the ground off the coast of Santa Barbara County, with no way to transport it since the rupture of Plains All American’s pipeline near Refugio State Beach. Now ExxonMobil will take a shot at moving the oil itself, after purchasing the broken pipeline from Read More →
SoCalGas compressor project in Ventura to get closer look from regulators
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Judge approves $230M settlement in Refugio oil spill lawsuit
A federal judge has given final approval of a $230 million settlement for property owners and fishers damaged when Houston-based oil company Plains All American Pipeline’s pipe ruptured in 2015 and oil spilled near the Gaviota coast in Santa Barbara County. Federal District Court Judge Philip S. Gutierrez on Sept. 20 granted final approval of Read More →
Aera, Ventura County’s leading oil producer, sold to German firm
Aera Energy, one of the biggest oil and gas producers in the tri-county region, will be sold by its owners, ExxonMobil and Shell, to a privately held German company, IKAV. The companies announced the deal Sept. 1. Shell owns about 52% of Aera, and Exxon owns about 48%. IKAV will pay about $4 billion in Read More →
Ventura County’s Kolibri Energy strikes formula for growth in Oklahoma oil fields
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Legislature paves way to keep Diablo Canyon open through 2030
The push by Gov. Gavin Newsom, along with some environmentalists, energy experts and local officials, to extend the life of the Diablo Canyon nuclear power plant succeeded early Sept. 1. In an extended session, the California Legislature voted overwhelmingly in favor of Senate Bill 846, giving the state the option of keeping the power plant Read More →
