In California’s Orange County, a 137-acre compound with a helipad and car museum is hitting the market for $125 million.

EOG Resources agreed to acquire Encino Acquisition Partners from Canada Pension Plan Investment Board for $5.6B, including debt, in a deal that will enhance its holdings in the Utica shale.

Just days after a Texas oil firm shocked California environmentalists and regulators by announcing the resumption of offshore ...

In the sun-drenched fields of Santa Barbara County's wine country, a cannabis revolution is taking place. Raw Garden, ...

Our investigation found that many operators are paying to keep oil wells idle, avoiding the costly process of sealing them. FRESNO, Calif. (KFSN) -- Central California is home to thousands of oil ...

Oil and gas wells can leak pollutants into the air and groundwater, including planet-warming methane. The letter warned that California taxpayers could be on the hook for CRC’s cleanup costs if ...

Full financial assurances from buyers for well clean-up costs have stalled all 37 proposed oil well sales in 2023. 41% of California's wells are idle or orphaned, with clean-up costs estimated at ...

California Resources Corporation filed a $30 million bond for cleanup costs with the state in December 2023, the maximum amount under the law at the time. Meanwhile, the state is taking more steps ...

California will accelerate cleanup of the state’s idle oil wells, shut down one low-producing oilfield and allow cities and counties to restrict oil drilling under three measures that Gov.

Subscribe to CalMatters today for nonprofit news in your inbox. California will accelerate cleanup of the state’s idle oil wells, shut down one low-producing oilfield and allow cities and ...