Dossier
Sable Offshore Corp.
Coverage of Sable Offshore Corp. in the Nexus archive.
- JPMorgan Shops 15% Yield Debt for Oil Driller Boosted by Trump
Sable Offshore Corp. plans to restart an oil platform in California capable of producing 10,000 barrels per day in the third quarter of 2026. JPMorgan is offering a 15% yield debt for the oil driller, which has been influenced by Trump.
- Trump administration in ‘active dialogue’ on strategic petroleum reserve in California
The Trump administration is in active dialogue with Sable Offshore Corp. to create a strategic petroleum reserve in California, aiming to bolster oil infrastructure and counter Governor Gavin Newsom's efforts to reduce fossil fuel reliance. The proposed reserve includes two phases and would support military and refineries in California and the Asia-Pacific region.