Dossier
Santa Ynez Unit
Coverage of Santa Ynez Unit in the Nexus archive.
- Ninth Circuit asked to shut down California offshore oil drilling operation
Seven environmental groups and California are challenging the federal government's approval of an offshore oil pipeline near Santa Barbara, arguing it was restarted without proper oversight after a 2015 spill. The legal dispute centers on whether the pipeline constitutes interstate commerce, with the federal government and California presenting conflicting arguments about its regulatory jurisdiction.
- 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.