Tag "California oil"

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Gov. Newsom suspends new fracking permits in latest attempt to reduce greenhouse gas emissions

Gov. Gavin Newsom has announced an immediate suspension of permits allowing new hydraulic fracturing and steam-injected oil drilling – the latest in a series of moves in the past week underscoring California’s determination to be seen as a leader in

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Oxy CA energy spinoff has bumpy launch

When energy giant Occidental launched a spinoff to focus on California energy exploration on Dec. 1, the circumstances facing California Resources Corp. were daunting. The plunging price of oil made unconventional energy extraction methods, which cost more, less attractive. And

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