Feds Subpoena Sable Offshore over Insider Information
The Houston oil company, which is trying to restart oil production off the coast of Santa Barbara County, says it could face civil and criminal penalties from the SEC and U.S. Attorney’s Office.
Showing 6 results for
The Houston oil company, which is trying to restart oil production off the coast of Santa Barbara County, says it could face civil and criminal penalties from the SEC and U.S. Attorney’s Office.
The decision comes as Attorney General Rob Bonta’s office enters the case.
No reportable action took place following Monday’s closed-door hearing as the supervisors reportedly found themselves deadlocked.
Santa Barbara judge rules company needed permits before doing pipeline repairs.
Texas oil company claims the California Coastal Commission caused an “unlawful delay of, and damages to, the restart of the Las Flores Pipeline System” in Santa Barbara County.
The Texas oil company, which is attempting to restart offshore oil production in Santa Barbara County, calls the move a “politically motivated” attack.