Oil

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  1. Environmental group pushes to close oil wastewater sumps

    BY JOHN COX The Bakersfield Californian
    Tuesday, Nov 18 2014 05:53 PM

    In the latest salvo targeting California's petroleum industry, an environmental activist group called Tuesday for a statewide ban on the practice of using unlined sumps to dispose of water that comes up from the ground along with crude oil.

    Clean Water Action detailed its case against sumps, sometimes called "surface impoundments," in a 31-page report alleging such facilities in Kern County have for decades operated with minimal, or in some cases no, oversight.

    The Washington, D.C.-based nonprofit claims the practice threatens groundwater and air quality as "produced water" piped from nearby oil fields is diverted into more than 400 Central Valley sumps. The salty fluid, which sometimes contains carcinogens, then evaporates and...

  2. Baker Hughes Halliburton

    Local oil industry wonders about Halliburton-Baker Hughes deal

    Halliburton's proposed acquisition of Baker Hughes drew a cautious response Monday from members of Kern County's oil industry, where some worried about the agreement's impact on prices and quality of oil field services even as others saw...

  3. Financial Markets Wall Street.JPEG-08e89.JPG

    Halliburton to buy Baker Hughes for about $35 billion

    Halliburton Co. said on Monday it will buy Baker Hughes Inc. for about $35 billion in cash and stock, creating an oilfield services behemoth to take on market leader Schlumberger NV as customers curb spending on falling oil prices....

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    Baker Hughes says in preliminary merger talks with rival Halliburton

    Oilfield services provider Baker Hughes Inc said on Thursday it is in preliminary merger talks with its larger rival Halliburton Co, though any potential deal would likely face antitrust concerns. Two people familiar with the matter, who...

  5. Chad Hathaway

    Kern oil producer suit alleges state inaction on disposal well paperwork

    A local petroleum producer's recent lawsuit accuses state regulators of refusing to process its application for a Kern County injection well that would dispose of water that comes up from the ground along with crude oil. The suit...

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    Alon backs off plan to reopen refinery

    In a shift with implications for more than 100 good, local jobs, Alon USA Energy Inc. recently announced it might not restart its refinery on Rosedale Highway, even as it pledged to open a controversial oil-by-train facility at the plant...

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    County defeats Chevron in landmark tax case

    Kern County scored an important court victory against Chevron USA Inc. this week in a landmark property tax case that had threatened a key source of local government funding. A state appeals court ruling issued Tuesday supported the...

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    Oxy subsidiary posts 20 percent earnings drop despite record California oil production

    Despite record oil production, Occidental Petroleum Corp.'s California subsidiary on Wednesday posted a 20 percent third-quarter earnings drop attributed to higher energy costs. The report was the first earnings release from California...

  9. Sacramento crude oil transfers halted by lawsuit

    Faced with an environmental lawsuit, a Sacramento-based oil company has agreed to stop loading train shipments of crude oil at a city business park, officials involved in the dispute said. InterState Oil Co. said in a letter today to...

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    New reports target fracking

    A pair of studies released separately Wednesday shone an unfavorable light on fracking, with one claiming oil companies are skirting a ban on underground diesel injections and the other saying minority neighborhoods in areas including Kern...

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    Oil industry huddles on ways to sway public opinion

    Still stinging from last year's passage of California's first fracking law, petroleum industry representatives in Bakersfield Tuesday shared ideas for swaying public opinion to head off regulatory activity they warned could kill jobs,...

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    Dropping oil prices: Good for consumers, potentially crippling for Kern

    The plummeting oil prices bringing relief at fuel pumps around the country could soon have the opposite effect on Kern County's economy. Thousands of local jobs and millions of dollars in property tax revenues may be on the line if oil...

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    Industry not thrilled with new fracking rules, and neither are environmentalists

    State regulators have released a third version of proposed rules for fracking and other oil well stimulation work, tweaking things like what size earthquakes must be reported and how much time neighbors have to request groundwater testing....

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