Mark Nechodom, the director of the California Department of Conservation, which oversees the Division of Oil, Gas and Geothermal Resources (DOGGR), resigned Thursday in a one-paragraph letter to Resource Secretary John Laird which did not give a reason for his … Continue reading
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California’s State Senate approved SB778, which would ban new offshore oil drilling in an area of the Santa Barbara Channel known as Tranquillon Ridge. The measure now goes to the Assembly. The legislation, labeled the Coastal Protection Act, was introduced … Continue reading
Dennis Luna, Managing Partner of Luna & Glushon and Editor-in-Chief of the California Oil & Gas Report, was the opening speaker at a Cap-and-Trade Forum held June 3. The topic of the forum, presented by the BizFed Institute and held at … Continue reading
Three environmental groups have filed a lawsuit against DOGGR, asking the court to declare that new interim state rules on wastewater injection wells are illegal. The suit was filed in Alameda County Superior Court by San Francisco-based Earthjustice, the Sierra … Continue reading
Dennis Luna, Editor-in-Chief of the California Oil & Gas Report and Managing Partner of Luna & Glushon, will moderate an Energy Forum to be held May 8th by the Regional Hispanic Chamber of Commerce. The focus of the forum, titled … Continue reading
California Resources Corporation (NYSE:CRC), formerly part of Occidental Petroleum, reported a net loss of $97 million or 25 cents per share for the first quarter of 2015, compared to a profit of $223 million or 57 cents per share for … Continue reading