Federal Judge Clears Path for Sable Offshore Pipeline Restart
Federal judge upholds emergency order allowing Sable Offshore to restart the Las Flores pipeline in California, rejecting the state’s challenge.
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Sable Offshore Shares Collapse Amid Heavy Dilution Fears Following $400 Million Raise
Sable Offshore shares plunged to a record low after announcing a $400 million equity and convertible notes offering to refinance Exxon debt. Heavy dilution fears trigger massive sell-off.
Federal Order Forces Restart: Sable Offshore Resumes Santa Ynez Oil Flow Under Defense Production Act
Trump admin invokes Defense Production Act; Sable Offshore resumes Santa Ynez Unit oil transport via pipeline, targeting 50K bbl/d sales in April amid energy security push.
Judge Orders Trump Admin to Release Records on Rushed Approval of Risky Santa Barbara Oil Pipeline
Federal judge rules Interior Dept. must release emails & docs on rushed permits for Sable Offshore's controversial Santa Barbara pipeline restart amid bad faith claims.
Trump Set to Invoke Cold War Powers to Restart California Offshore Oil
President Trump prepares to use Cold War-era Defense Production Act to override California regs, restart Sable Offshore's Santa Ynez platforms amid Iran war oil crunch & soaring gas prices.
DOJ Clears Path: Defense Production Act Could Override California’s Offshore Oil Ban for Sable
Jefferies analyst highlights a key DOJ opinion supporting the use of the Defense Production Act to bypass California laws halting offshore oil production and pipelines for Sable Offshore.