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BUSINESS
May 22, 1992 | From Times Staff and Wire Reports
Unocal Sells Certain Terminal Operations: The Los Angeles-based oil company said its Union Oil Co. of California subsidiary has signed definitive agreements for the sale of Unocal's distribution terminal operations in the southeastern United States to Louis Dreyfus Energy Corp. for an undisclosed price. Upon closing, Louis Dreyfus will assume control of Unocal's interest in 24 terminals throughout the Southeast. Unocal will retain ownership of its Savannah, Ga., lubricant plant and terminal.
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CALIFORNIA | LOCAL
March 17, 2009 | Elaine Woo
Claude S. Brinegar, a former oil industry executive and the nation's third transportation secretary, who helped enact the controversial 55-mph speed limit during the Arab oil embargo in the 1970s, died of natural causes Friday at a retirement community in Palo Alto, according to his family. He was 82. Named to the post in late 1972, Brinegar succeeded John A. Volpe in President Nixon's Cabinet.
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BUSINESS
December 17, 1987
Unocal Corp. said Wednesday that its Union Oil Co. of California unit has completed a $1.5-billion credit agreement with a group of 34 banks headed by Manufacturers Hanover Trust Co. Company executives said the credit agreement will be used to retire the $450-million balance of a 1985 credit facility and to serve general corporate purposes. A Unocal spokesman said the agreement, which boosts Unocal's standby credit line, does not signal a possible takeover attempt by the Los Angeles oil giant.
BUSINESS
September 19, 1998 | Nancy Rivera Brooks
California Atty. Gen. Dan Lungren declined a request by a coalition of environmental and human rights groups to revoke the corporate charter of Union Oil Co. of California and dissolve the corporation because of alleged violations of state and international law. Unocal, the El Segundo-based parent of Union Oil, has denied that it violated any laws and had blasted the petition, filed Sept. 10, as a political move with no legal basis.
BUSINESS
September 19, 1998 | Nancy Rivera Brooks
California Atty. Gen. Dan Lungren declined a request by a coalition of environmental and human rights groups to revoke the corporate charter of Union Oil Co. of California and dissolve the corporation because of alleged violations of state and international law. Unocal, the El Segundo-based parent of Union Oil, has denied that it violated any laws and had blasted the petition, filed Sept. 10, as a political move with no legal basis.
BUSINESS
April 27, 1992 | From Times Staff and Wire Reports
Moody's Reviews Unocal Unit, Downgrades Arco Chemical: The investors service announced that concern over the effect of continued low crude oil and natural gas prices and "margin weakness" in its refining and marketing operations prompted it to review for a possible downgrade the Baa1 rating for long-term debt and the Prime-2 rating for commercial paper issued by Union Oil Co. of California. It is a subsidiary of Los Angeles-based Unocal Corp.
BUSINESS
April 9, 1990 | MICHAEL PARRISH, TIMES STAFF WRITER
The Sierra Club Legal Defense Fund has denounced an apparent move by the U.S. Justice Department to send a $4.2-million settlement check to the government instead of spending it on environmental work around San Francisco Bay as planned. The proposed consent agreement with Union Oil Co. of California, a subsidiary of Unocal Corp., would settle a suit brought in 1984 by the environmentalist group under the federal Clean Water Act for alleged pollution of the bay.
BUSINESS
November 26, 1992 | MICHAEL PARRISH, TIMES STAFF WRITER
Unocal Corp. has sold its national auto and truck stop system to a group of investors and independent dealers for $180 million. The sale consists of 97 service-station complexes owned by Union Oil Co. of California, a Unocal subsidiary, as well as the right to use the Unocal 76 logo on 43 other truck stop sites near U.S. freeways.
NEWS
April 6, 1988 | DAVID REYES, Times Staff Writer
A stubborn fire that destroyed all seven 84,000-gallon tanks in a Union Oil Co. of California oil field in Fullerton burned throughout the night Tuesday, spewing plumes of thick, black smoke hundreds of feet into the air. Firefighters, using thousands of gallons of fire-retardant foam, had managed to contain the fire to two tanks for most of the evening. But the blaze flared up again shortly before 8 p.m.
BUSINESS
May 13, 1995 | GREG JOHNSON, TIMES STAFF WRITER
Fill 'er up, check the oil, pick up half a gallon of milk and grab a burger, fries and a soft drink. Carl's Jr. and Union Oil Co. of California plan to further blur the line between retail and restaurant operations by testing consumer reaction to scaled-down restaurants inside FastBreak convenience stores at 10 Unocal 76 stations in Southern California. The Carl's Jr.
BUSINESS
May 13, 1995 | From Associated Press
If good luck comes in threes, Buddy Groom should head straight for the lottery-ticket store. On Thursday, Groom became a father for the second time when his wife, Angela, gave birth to Evan Daniel in Dallas. On Friday, Groom became a winner for the first time in 77 major league appearances, shutting out the Texas Rangers for 5 2/3 innings of Detroit's 6-1 victory at Arlington, Tex. "It's been a good two days," Groom said.
BUSINESS
May 13, 1995 | GREG JOHNSON, TIMES STAFF WRITER
Fill 'er up, check the oil, pick up half a gallon of milk and grab a burger, fries and a soft drink. Carl's Jr. and Union Oil Co. of California plan to further blur the line between retail and restaurant operations by testing consumer reaction to scaled-down restaurants inside FastBreak convenience stores at 10 Unocal 76 stations in Southern California. The Carl's Jr.
NEWS
September 16, 1994 | LESLIE BERKMAN, TIMES STAFF WRITER
The Environmental Protection Agency said Thursday that four oil companies have agreed to pay $18 million to settle a lawsuit over the long-delayed cleanup of a toxic waste dump created in World War II. The payment by Shell Oil Co., Atlantic Richfield Co., Union Oil Co. of California and Texaco Inc. will reimburse the state and federal governments for past costs associated with preparing for the cleanup of the 22-acre McColl dump site.
NEWS
September 16, 1994 | LESLIE BERKMAN, TIMES STAFF WRITER
The U.S. Environmental Protection Agency said Thursday that four oil companies have agreed to pay $18 million to settle a lawsuit over the long-delayed cleanup of the McColl toxic waste dump in Fullerton, created during World War II. The payment by Shell Oil Co., Atlantic Richfield Co., Union Oil Co. of California and Texaco Inc., will reimburse the state and federal governments for past costs associated with preparing for the cleanup of the 22-acre McColl site.
BUSINESS
September 1, 1994 | From Times Staff and Wire Reports
Unocal, Marathon Oil Trade Alaska Well Sites: As another step in reorganizing its Alaska operations, Union Oil Co., a subsidiary of Unocal Corp., agreed to swap oil properties and change operations with Houston-based Marathon Oil Co. in Alaska's Cook Inlet area. Unocal will get Marathon's current interest in the Swanson River field and become operator of the Dolly Varden and Steelhead platforms and the Trading Bay production facility.
CALIFORNIA | LOCAL
October 1, 1993 | MATT LAIT, TIMES STAFF WRITER
After years of fighting over who should pay for the cleanup of the McColl toxic dump site in Fullerton, a federal judge has ruled that four major oil companies and the property owner are financially liable. U.S. District Judge Robert Kelleher ruled in Los Angeles on Tuesday that the U.S. Environmental Protection Agency and the state of California will be able to recover past and future cleanup costs at the site. Exactly how much money that will involve has yet to be decided by the court.
NEWS
September 16, 1994 | LESLIE BERKMAN, TIMES STAFF WRITER
The U.S. Environmental Protection Agency said Thursday that four oil companies have agreed to pay $18 million to settle a lawsuit over the long-delayed cleanup of the McColl toxic waste dump in Fullerton, created during World War II. The payment by Shell Oil Co., Atlantic Richfield Co., Union Oil Co. of California and Texaco Inc., will reimburse the state and federal governments for past costs associated with preparing for the cleanup of the 22-acre McColl site.
BUSINESS
November 26, 1992 | MICHAEL PARRISH, TIMES STAFF WRITER
Unocal Corp. has sold its national auto and truck stop system to a group of investors and independent dealers for $180 million. The sale consists of 97 service-station complexes owned by Union Oil Co. of California, a Unocal subsidiary, as well as the right to use the Unocal 76 logo on 43 other truck stop sites near U.S. freeways.
BUSINESS
May 22, 1992 | From Times Staff and Wire Reports
Unocal Sells Certain Terminal Operations: The Los Angeles-based oil company said its Union Oil Co. of California subsidiary has signed definitive agreements for the sale of Unocal's distribution terminal operations in the southeastern United States to Louis Dreyfus Energy Corp. for an undisclosed price. Upon closing, Louis Dreyfus will assume control of Unocal's interest in 24 terminals throughout the Southeast. Unocal will retain ownership of its Savannah, Ga., lubricant plant and terminal.
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