Susan Shelley: Green mandates are making life costly
How’s your electricity bill this summer? Is it killing you? Well, if you think it’s bad now, brace yourself, because it’s going to get much, much worse. Consider the Los Angeles Department of Water and Power. In 2021, the L.A. City Council instructed the DWP to prepare “a strategic long term resource plan that achieves […]
This California oil company could marry carbon capture and natural gas to data center demand
A small oil company in California could demonstrate how the tech sector can use natural gas to power surging energy demand from artificial intelligence while still meeting climate goals. California Resources Corp. is an independent oil and gas company focused entirely on the Golden State, with a market capitalization of about $4.6 billion and proven […]
Governor Proposes Oil Refiners Maintain Gasoline Reserves to Prevent Price Spikes
Gov. Gavin Newsom has proposed a new requirement that oil refiners maintain minimum reserves of gasoline in an effort to prevent price spikes.
California hits milestones toward 100% clean energy — but has a long way to go
Fossil fuels are still a large source of electricity, but California has made progress with renewables while keeping the lights on.
California Resources Targets CCS, Data Centers
As California Resources Corp.’s carbon management arm, Carbon Terravault, pursues carbon capture and storage projects, it also is keeping tabs on data center power opportunities.
California sales of zero-emission vehicles hit 25.7% but are numbers increasing fast enough?
Gavin Newsom says the state wants to “dominate” the market but some auto analysts wonder if the state can meet its ambitious 2035 target
Chevron to quit California for Texas after warning on rules
Chevron Corp. is relocating headquarters to Houston from California after repeatedly warning that the Golden State’s regulatory regime was making it a tough place to do business.
California lawmakers negotiating sweeping package to speed up solar, wind energy
California lawmakers are crafting a package of proposed laws that could streamline the building of solar and wind energy projects, according to people familiar with the discussions.
Come Together: California Resources, Aera Merge for Scale, Drilling Runway
California Resources Corp. closed an acquisition of Aera Energy to become California’s top oil and gas producer. Now, CRC President and CEO Francisco Leon wants to grow from a one-rig to an eight-rig drilling program—but faces stiff pushback from regulators and environmental advocates in the Golden State.
Controversial measure overturning oil well restrictions won’t be on California ballot
California’s oil industry withdrew its controversial ballot measure challenging a state law that imposes new restrictions on oil and gas wells within 3,200 feet of homes and schools.