Plains Exploration News Today

The new owner of ExxonMobil’s southern Santa Barbara County offshore oil platforms wants to restart operations this year. Sable Offshore Corp. formed

Take L.A. oilman C.C. Julian, who oversold oil stock and left people destitute and dead. Or Simon Homburg, who flipped sheer mountain lots to unwitting out-of-towners.

StatoilHydro's board of directors has given the green light for its first project in the deepwater Gulf of Mexico (GOM), Caesar Tonga Project, which is to be operated by Anadarko Petroleum Corp.

Chesapeake Energy Corp. last week completed the sale of its Woodford Shale assets in the Arkoma Basin to BP America Inc. for $1.7 billion in cash, and now it is looking for joint venture partners to share the costs and the rewards in its Fayetteville and Marcellus shale plays.

The L.A. City Council passed an ordinance Friday that requires the phaseout of oil drilling in the city within 20 years.

Freeport-McMoRan Inc. is looking for more buyers for a considerable U.S. onshore portfolio that would help pay down debt and expand development in the Gulf of Mexico (GOM).

Crews contained the oil seeping from beneath Montebello Blvd. and cleaned up most of the spill. The source of the leak is under investigation.

New legislation could locally kill off the dangerous, polluting industry that created the city. Is it merely NIMBYism, or the start of something bigger?

Los Angeles is a complex place. We're explaining how it works, its history and its culture.

Southern California's manufacturing helped win World War II. But the war effort and decades of polluting industry have left a toxic legacy.