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November 10, 1998 | From Reuters
Chevron Corp. said Monday that it has agreed to sell its share of the Point Arguello offshore oil project--the center of a decade-long fight with environmentalists in the 1980s and early '90s--along with the rest of its California offshore properties. The sale to privately held Venoco Inc. marks the end of a saga for Chevron that began in 1981 with one of the largest U.S. offshore finds ever, off Santa Barbara, and led to a landmark struggle between the oil industry and environmentalists.
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CALIFORNIA | LOCAL
April 22, 2013 | By Paul Pringle, Los Angeles Times
Los Angeles mayoral candidate Eric Garcetti has amended two years of financial disclosure statements to belatedly report his ownership interest in a Beverly Hills property linked to an oil drilling operation. Garcetti, who has the Sierra Club's backing in his race against Wendy Greuel, signed a 20-year lease in the late 1990s that gave Venoco Inc. the right to drill under the retail property from the company's oil wells at nearby Beverly Hills High School. However, the city councilman from Silver Lake failed to report in his 2010 and 2011 disclosure filings that he co-owned the Wilshire Boulevard property, which houses a hair salon.
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BUSINESS
March 30, 2013 | By Shan Li, Los Angeles Times
TAFT, Calif. - This two-stoplight town was built on petroleum, and residents here never miss a chance to pay tribute. A 38-foot monument to wildcatters stands downtown; locals brag it's the tallest bronze sculpture west of the Mississippi. Every five years, the city throws an "Oildorado" festival. There's even a beauty pageant in which young women dubbed "the maids of petroleum" vie to be crowned queen. It's all an homage to the bustling days when Taft boasted two giant oil fields and Standard Oil Co. of California was headquartered there.
BUSINESS
March 30, 2013 | By Shan Li, Los Angeles Times
TAFT, Calif. - This two-stoplight town was built on petroleum, and residents here never miss a chance to pay tribute. A 38-foot monument to wildcatters stands downtown; locals brag it's the tallest bronze sculpture west of the Mississippi. Every five years, the city throws an "Oildorado" festival. There's even a beauty pageant in which young women dubbed "the maids of petroleum" vie to be crowned queen. It's all an homage to the bustling days when Taft boasted two giant oil fields and Standard Oil Co. of California was headquartered there.
CALIFORNIA | LOCAL
April 22, 2013 | By Paul Pringle, Los Angeles Times
Los Angeles mayoral candidate Eric Garcetti has amended two years of financial disclosure statements to belatedly report his ownership interest in a Beverly Hills property linked to an oil drilling operation. Garcetti, who has the Sierra Club's backing in his race against Wendy Greuel, signed a 20-year lease in the late 1990s that gave Venoco Inc. the right to drill under the retail property from the company's oil wells at nearby Beverly Hills High School. However, the city councilman from Silver Lake failed to report in his 2010 and 2011 disclosure filings that he co-owned the Wilshire Boulevard property, which houses a hair salon.
BUSINESS
February 21, 2010 | Michael Hiltzik
Carpinteria is a lovely little city on the Pacific just south of Santa Barbara, boasting such features as a city-owned coastal preserve and one of the four remaining seal rookeries in Southern California. Just about the last place you'd expect to become the target of a hostile corporate takeover. The corporation is Venoco Inc., an independent oil company with revenue of more than half a billion dollars a year, which currently owns an oil storage facility in Carpinteria. One would get weary painting big oil companies as soulless monsters:PuckCartoon-TeddyRoosevelt-05-23-1906.
CALIFORNIA | LOCAL
December 2, 2012 | By Michael J. Mishak, Los Angeles Times
SHAFTER - In this lush pocket of Kern County, where the agriculture and oil industries have long coexisted, Mike Hopkins' almond orchard has become a battlefield in a dispute that extends to the governor's office. Hopkins is standing up to the oil industry - and Gov. Jerry Brown - by filing a lawsuit against the state to bar energy company Venoco Inc. from drilling an exploratory well on his farm without a full environmental review. Venoco has the mineral rights to Hopkins' 38-acre farm.
CALIFORNIA | LOCAL
June 10, 2003 | From a Times Staff Writer
Erin Brockovich and attorney Ed Masry filed a lawsuit Monday against various oil companies on behalf of two dozen former Beverly Hills High School students who had cancer. The suit claims that, over decades, the companies operated oil and natural gas wells on the high school campus and exposed students to toxins. Some of the plaintiffs named in the suit, filed in Los Angeles Superior Court, have died.
BUSINESS
July 3, 1999 | Bloomberg News
Chevron Corp., the nation's fourth-largest oil company, sold the last of its production assets along the California coast to Plains Resources Inc. for an undisclosed price. Plains acquired San Francisco-based Chevron's 26% stake in the Point Arguello field off Santa Barbara and a nearby oil processing plant and pipeline network. Although the waters off California are thought to hold plentiful reserves, environmental concerns and political pressures have discouraged drilling.
CALIFORNIA | LOCAL
August 30, 2003 | From a Times Staff Writer
A Santa Barbara County petroleum company said Friday that it will still be able to barge oil to California refineries if a bill that cleared the Legislature this week is signed into law. A Venoco Inc. official had said Monday that such a law would force the Carpenteria-based company to haul oil pumped from the Santa Barbara coast all the way to Washington state.
BUSINESS
February 21, 2010 | Michael Hiltzik
Carpinteria is a lovely little city on the Pacific just south of Santa Barbara, boasting such features as a city-owned coastal preserve and one of the four remaining seal rookeries in Southern California. Just about the last place you'd expect to become the target of a hostile corporate takeover. The corporation is Venoco Inc., an independent oil company with revenue of more than half a billion dollars a year, which currently owns an oil storage facility in Carpinteria. One would get weary painting big oil companies as soulless monsters:PuckCartoon-TeddyRoosevelt-05-23-1906.
BUSINESS
November 10, 1998 | From Reuters
Chevron Corp. said Monday that it has agreed to sell its share of the Point Arguello offshore oil project--the center of a decade-long fight with environmentalists in the 1980s and early '90s--along with the rest of its California offshore properties. The sale to privately held Venoco Inc. marks the end of a saga for Chevron that began in 1981 with one of the largest U.S. offshore finds ever, off Santa Barbara, and led to a landmark struggle between the oil industry and environmentalists.
CALIFORNIA | LOCAL
January 3, 2004 | From Times Wire Reports
The law firm Erin Brockovich works for filed a third lawsuit Friday against Beverly Hills, its school district and several oil and gas companies, claiming area residents developed cancer from toxic fumes emitted by a campus oil derrick. The Superior Court suit filed on behalf of nearly 300 residents alleges that benzene and other substances from an oil derrick on the campus of Beverly Hills High School led to high rates of cancer among former students and others.
CALIFORNIA | LOCAL
February 13, 2004 | Amanda Covarrubias, Times Staff Writer
A Houston-based energy company has filed an application with state and federal agencies to operate a $300-million liquefied natural gas plant off the coast of Oxnard, officials said Thursday. Crystal Energy filed its application with the U.S. Coast Guard and the California Lands Commission, which are responsible for overseeing the environmental review process. Crystal wants to use the Venoco Inc.
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