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 pacbiztimes / Thursday, February 25th, 2016 / Latest news / Comments Off on Judge denies Plains’ request to delay oil spill lawsuit
A U.S. district judge denied Plains All American Pipeline’s request to put a six-month hold on the class-action lawsuit stemming from the Refugio oil spill. Judge Philip Gutierrez issued an order on Feb. 25 that denied Plains’ motion because Plains did not make a clear case on how a delay, or stay in legalese, would 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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By Staff Report / Wednesday, February 17th, 2016 / Energy, Latest news / Comments Off on 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 →
By Staff Report / Wednesday, February 17th, 2016 / Energy, Latest news / Comments Off on 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 →
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