The oil company temporarily ceased operations last week after Santa Barbara County rejected its emergency application to truck oil to refineries, spokesman Richard Keil said.
The move came on the same day that California lawmakers formed a special legislative committee to investigate the May spill that caused as much as 101,000 gallons of oil to blacken beaches and create an ocean slick.
Six days after an explosion at an Exxon Mobil Corp. refinery in Torrance, residents voiced their concerns during a City Council meeting Tuesday night.
Demanding answers during a townhall meeting with company officials, dozens of locals say their homes and cars were coated with dust after Wednesday’s blast, which was strong enough to register as a magnitude 1.7 earthquake.
Documents from the California Division of Occupational Safety and Health indicate that the Torrance Exxon Mobil refinery where a blast took place on Wednesday has faced more than $100,000 in proposed penalties for inspection violations over the past five years.
U.S. Air Force officials are considering leasing land to private companies to drill for oil and gas on California’s central coast.
Who doesn’t own an iPhone, iPad or iPod? According to recent stock data, Apple not only dominates the electronics market, but the tech giant has surpassed Exxon Mobil as the most valuable company in the U.S.
Oil companies should report a windfall for the first quarter following a swift rise in oil prices. The industry seems set for its best year since 2008.
Wall Street will focus on another full slate of corporate earnings this week as several big companies report their first-quarter performance.