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Oil bankruptcies leave environment cleanup to California taxpayers

Oil bankruptcies leave environment cleanup to California taxpayers
ridgecrestca.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ridgecrestca.com Daily Mail and Mail on Sunday newspapers.

Oil bankruptcies leave environment cleanup to California taxpayers

Oil bankruptcies leave environmental cleanup bills to California taxpayers Randeep Singh Grewal built a fossil fuel empire around his Greka group of companies. Now, taxpayers are paying millions to clean up Rincon Island. Mark Olalde, Palm Springs Desert Sun Published 7:07 pm UTC Jun. 25, 2021 Oil shaped modern Southern California. With dreams of black gold and not content to merely drill on land, a company called Atlantic Richfield built a 2.3-acre artificial island in the late 1950s just off the coast of Ventura County. Today, surfers skim past Rincon Island’s crown of palm trees and 50 oil wells near Mussel Shoals   but the site will never pump oil again. 

Oil bankruptcies leave environment cleanup to California taxpayers

Oil bankruptcies leave environment cleanup to California taxpayers
visaliatimesdelta.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from visaliatimesdelta.com Daily Mail and Mail on Sunday newspapers.

On the Move (Week of June 14, 2021)

Darron Anderson is leaving the company for an undisclosed new opportunity. In the interim, the board of directors of Ranger, an independent provider of well service rigs and associated services, appointed Board Chairman Bill Austin CEO. The company said the board has engaged an executive search firm to assist with the recruitment of a new permanent CEO to replace Anderson. McDermott International Ltd. has appointed Samik Mukherjee executive vice president and COO. California Resources Corp. has tapped Chris Gould to lead its ESG push as its first-ever chief sustainability officer. Three top executives at Chesapeake Energy Corp. are out, according to a regulatory filing on June 11. Chesapeake Energy s 

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