Chevron Corporation (NYSE: CVX) announced a significant oil discovery at the Anchor prospect in the deepwater U.S. Gulf of Mexico. Anchor is the second discovery in the deepwater Gulf for San Ramon-based Chevron in less than a year. “The Anchor … Continue reading
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The Office of Administrative Law (OAL) filed final proposed SB4 regulations on well stimulation treatments with the Office of the Secretary of State on Dec. 30, 2014. The regulations become effective on July 1, 2015. The regulations and related documents … Continue reading
The Supreme Court settled a nearly 70-year-old dispute on Monday, Dec. 15, about the undersea boundary between California and federal territory. The ruling will help resolve conflicting claims over oil and gas leases and prevent future litigation, federal and state … Continue reading
The California Air Resources Board will hold a hearing Thursday, Dec. 18, at 9 a.m. to provide a status update on the ARB staff’s Technology and Fuels Assessment. The assessment is being conducted as part of the agency’s Sustainable Freight … Continue reading
Occidental Petroleum Corporation (NYSE:OXY) announced that it has completed the spin-off of its subsidiary California Resources Corporation (NYSE:CRC) as an independent oil and natural gas exploration and production company operating exclusively in California. “We spent more than 15 years building … Continue reading
With the 2014 elections over, it appears that GOP House Republicans may be ready to take up debate on reversing the four-decade ban on exports of US crude oil. U.S. Representative Joe Barton, a Texas Republican, today (Dec. 9) introduced … Continue reading