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BUSINESS
February 6, 1995 | From Reuters
Chevron Corp. has reinstated its estimated $199-million agreement to sell its Port Arthur, Tex., fuels refinery to Clark Refining & Marketing Inc. Chevron said Saturday that the agreement now calls for completion of the sale by Feb. 27. Last month, Chevron ended an agreement to sell the refinery after Clark, a unit of Toronto-based Horsham Corp., was unable to obtain financing for the deal.
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BUSINESS
February 6, 1995 | From Reuters
Chevron Corp. has reinstated its estimated $199-million agreement to sell its Port Arthur, Tex., fuels refinery to Clark Refining & Marketing Inc. Chevron said Saturday that the agreement now calls for completion of the sale by Feb. 27. Last month, Chevron ended an agreement to sell the refinery after Clark, a unit of Toronto-based Horsham Corp., was unable to obtain financing for the deal.
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BUSINESS
January 16, 1995 | Times Staff and Wire Reports
Chevron Corp. Drops Plan to Sell Texas Refinery: The San Francisco-based company scuttled a plan to sell its Port Arthur refinery to Clark USA Inc. for $200 million after concluding that Clark would not be able to arrange financing. The death of the agreement puts in jeopardy the jobs of 1,200 workers at Chevron's 180,000-barrel-a-day refinery in southeast Texas. Among the options Chevron may now consider is whether to close the facility, reduce its operations or find another buyer.
BUSINESS
January 16, 1995 | Times Staff and Wire Reports
Chevron Corp. Drops Plan to Sell Texas Refinery: The San Francisco-based company scuttled a plan to sell its Port Arthur refinery to Clark USA Inc. for $200 million after concluding that Clark would not be able to arrange financing. The death of the agreement puts in jeopardy the jobs of 1,200 workers at Chevron's 180,000-barrel-a-day refinery in southeast Texas. Among the options Chevron may now consider is whether to close the facility, reduce its operations or find another buyer.
BUSINESS
November 9, 1989 | PATRICK LEE, TIMES STAFF WRITER
Unocal Corp. said Wednesday that it would cease manufacturing at its Beaumont oil refinery in Texas early next year, suspending virtually all operations at the unprofitable 65-year-old plant, which employs 462 people. In doing so, Unocal admitted that it had failed to turn around the aging plant even after eliminating 160 jobs and cutting money-losing production of petroleum fuels last summer. Unocal said it has no offers to buy and no plans to sell the plant in Nederland, Tex.
BUSINESS
January 5, 1985 | PATRICK BOYLE, Times Staff Writer
Occidental Petroleum Corp. and Diamond Shamrock Corp. said Friday that they may merge to form the nation's ninth-largest oil company, with Los Angeles-based Occidental emerging as the surviving firm. The two energy companies said in a terse announcement that their respective boards of directors will meet Monday to consider "a possible business combination" and that an announcement would be made following the meetings.
ENTERTAINMENT
November 15, 2009 | Leah Ollman
No one disputes that the 1975 exhibition "New Topographics: Photographs of a Man-altered Landscape" was a landmark show. Attendance at the George Eastman House in Rochester, N.Y., wasn't huge, and the presentation didn't introduce any unknown talent. But the show put a name to a phenomenon -- the proliferation of straight, seemingly uninflected photography of the banal, built environment -- and that name stuck. What remains cause for discussion is what exactly New Topographics meant and why the term and its attendant attributes have had such an enduring influence.
BUSINESS
November 9, 1989 | PATRICK LEE, TIMES STAFF WRITER
Unocal Corp. said Wednesday that it would cease manufacturing at its Beaumont oil refinery in Texas early next year, suspending virtually all operations at the unprofitable 65-year-old plant, which employs 462 people. In doing so, Unocal admitted that it had failed to turn around the aging plant even after eliminating 160 jobs and cutting money-losing production of petroleum fuels last summer. Unocal said it has no offers to buy and no plans to sell the plant in Nederland, Tex.
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