California’s energy market regulator is backing off a plan to place a profit cap on oil refiners in the state.

The state excise tax just went up, the Low Carbon Fuel Standard is getting more strict and 2 refineries are shutting down.

California's energy regulator recommended a pause in implementing a refining margin cap with penalties for companies ...

I have not seen that kind of bullying in policy making in the entire time I’ve been here,” said state Sen. Roger Niello, ...

In a potential watershed for local oil production, a senior Sacramento energy official recommended Friday that the Newsom administration exempt Kern County’s contentious petroleum permitting plan from ...

California energy officials are walking a political tightrope, defending some of their climate rules while conceding others ...

California should pause Gov. Gavin Newsom's plan to penalize oil companies if their profits climb too high, a top energy ...

Siva Gunda, vice chair of the California Energy Commission, said during a Friday briefing that the cap would “serve as a deterrent” to refiners boosting investments in the state. Gunda said the ...

Siva Gunda, vice chair of the California Energy Commission, said during a Friday briefing that the cap would “serve as a deterrent” to refiners boosting investments in the state.