US To Resume Offshore Oil Production Off California Coast
US Secretary of Energy Chris Wright has instructed Sable Offshore Corp. to resume oil production off the coast of California, the U.S. Department of Energy reported. “U.S. Secretary of Energy Chris Wright today directed Sable Offshore Corp. to restore operations at the Santa Ynez field and pipeline system to mitigate …
California Wants to Simplify the Issuance of Oil Drilling Permits
California Governor Gavin Newsom has announced a legislative proposal aimed at simplifying the process for issuing licenses for new oil well drilling. However, environmentalists argue that the bill would strip authorities of essential oversight, according to Bloomberg. The bill outlines a “plug-to-drill” approach through 2036: in order to drill one …