Venoco suing Plains for $12 million over Refugio oil spill pipeline closures
Denver-based Venoco, an oil and gas producer with significant operations in the Tri-Counties, is suing Plains All American Pipeline for more than $12 million in damages. Venoco is suing the Houston-based energy infrastructure company responsible for the Refugio oil spill for the continued loss of profits that stemmed from the shut down of Line 901 Read More →
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Plains gets blame for Venoco bankruptcy filing
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Read More →Venoco files for Chapter 11 bankruptcy
Venoco, the Denver-based oil and gas company with substantial operations in the tri-county region, has filed a pre-packaged Chapter 11 bankruptcy after agreeing with lenders to slash $1 billion in debt. Venoco said March 18 that it reached an agreement with its senior lenders on a restructuring agreement. The company earlier said it was suspending Read More →
Read More →Plains oil pipelines don’t qualify as interstate
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Read More →Judge orders Plains to stop misleading oil spill claimants
A U.S. District Court ordered Plains All American Pipeline to stop misleading claimants seeking to recover interim damages from the Refugio oil spill and invalidate releases that preclude them from joining the class-action lawsuit and recouping further compensation. “The Court finds that Defendants are engaged in misleading conduct by using the OPA claims process — Read More →
Read More →Judge denies Plains’ request to delay oil spill lawsuit
A U.S. district judge denied Plains All American Pipeline’s request to put a six-month hold on the class-action lawsuit stemming from the Refugio oil spill. Judge Philip Gutierrez issued an order on Feb. 25 that denied Plains’ motion because Plains did not make a clear case on how a delay, or stay in legalese, would Read More →
Read More →Refugio oil spill sparks federal resource reshuffling
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