Speaking to security analysts, Chevron Corporation (NYSE: CVX) executives expressed confidence in the long-term outlook for the energy business, and outlined how it is responding the recent decline in oil and gas prices. “The fundamentals of the oil and gas … Continue reading
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Voters in Hermosa Beach rejected a measure that would have allowed E&B Natural Resources to drill 34 oil wells in the coastal community. The vote was 3,799 against, with 1,016 in favor. Turnout was comparatively large in the city of … Continue reading
Trillium CNG announced that it will build and operate a compressed natural gas (CNG) fueling station in Monterey, California, for fueling the trash trucks of the Monterey Regional Waste Management District. Construction will begin in April at the Monterey Regional … Continue reading
Two natural gas-fueled electric generating plants are being planned in San Diego to replace the generating capacity lost when the San Onofre Nuclear Generating Station was mothballed. Construction is set to begin on March 9 for the gas-fueled Pio Pico … Continue reading
Chevron Corp. (NYSE: CVX) has reached a settlement agreement with the principal funder of a lawsuit against Chevron in Ecuador that a US court has said is fraudulent. Chevron, based in San Ramon, had brought claims against James Russell DeLeon … Continue reading
Attorneys for several environmental groups have sued to block delivery of crude oil to a Bakersfield terminal in 100-car “unit trains,” claiming the deliveries would harm air quality and pose a danger to the public. The lawsuit was filed against … Continue reading