Headline
News
News and events affecting royalty owners in California and around the nation
Phillips 66 will close Los Angeles refinery by 2025
Gavin Newsom Drives Jobs Out and Prices Up Phillips 66 announced it will close its Los Angeles refinery by 2025, removing about 8% of California's refining capacity. This move comes just after Governor Gavin Newsom signed a new law aimed at stabilizing gasoline...
CalGEM Declares Emergency to Adopt SB 1137 During Referendum Signature Count
The California Geology Energy Management Division (CalGEM) announced its' proposal to adopt emergency regulations for implementation of Senate Bill 1137 requirements. If approved, SB 1137 requirements will take place "no later than January 7th." We have 4 days...
