Advertisement
 
YOU ARE HERE: LAT HomeCollectionsUnocal Properties
IN THE NEWS

Unocal Properties

FEATURED ARTICLES
BUSINESS
January 13, 1996 | Times Staff and Wire Reports
Unocal Agrees to Fines: The Los Angeles-based oil company will pay Arizona $250,000 for failing to clean up a Phoenix service station, according to an Arizona official. Unocal Corp. has also agreed to pay another $280,000 to hire an environmental watchdog to oversee the cleanup of more than 60 other Unocal properties, Atty. Gen. Grant Woods said.
ARTICLES BY DATE
BUSINESS
January 13, 1996 | Times Staff and Wire Reports
Unocal Agrees to Fines: The Los Angeles-based oil company will pay Arizona $250,000 for failing to clean up a Phoenix service station, according to an Arizona official. Unocal Corp. has also agreed to pay another $280,000 to hire an environmental watchdog to oversee the cleanup of more than 60 other Unocal properties, Atty. Gen. Grant Woods said.
Advertisement
CALIFORNIA | LOCAL
April 21, 1988
Without debate, the Los Angeles City Council has voted unanimously to allow the demolition of the former Evangeline Residence for Women, once one of the few low-cost shelters in the city. Unocal Properties, which bought the downtown Los Angeles building last year, had sought an exemption from a city ban on demolition of low-rent housing facilities. Unocal officials said they had not intended to operate the building as a shelter.
CALIFORNIA | LOCAL
April 21, 1988
Without debate, the Los Angeles City Council has voted unanimously to allow the demolition of the former Evangeline Residence for Women, once one of the few low-cost shelters in the city. Unocal Properties, which bought the downtown Los Angeles building last year, had sought an exemption from a city ban on demolition of low-rent housing facilities. Unocal officials said they had not intended to operate the building as a shelter.
BUSINESS
February 21, 1996 | Times Staff and Wire Reports
Unocal Signs Agreement to Sell California Assets: The refiner would receive about $500 million in cash for its crude oil and natural gas assets when the sale closes, probably in March. In August, Unocal Corp. announced a preliminary agreement with Torch Energy Advisors, but El Segundo-based Unocal now says Torch was negotiating on behalf of Houston-based Nuevo Energy Corp., an independent energy company formed by Torch in 1990. Torch will operate the Unocal properties for Nuevo.
CALIFORNIA | LOCAL
June 3, 1993 | BERT ELJERA
The City Council will use eminent domain to acquire two parcels needed for the Imperial Highway-State College Boulevard widening project. By unanimous vote, the council on Tuesday approved to acquire through condemnation 2,674 square feet from Wells Fargo Bank and 2,098 square feet from Unocal. The properties are on opposite corners of Imperial Highway and State College Boulevard. The two properties will cost the city $247,626 and undetermined escrow expenses, officials said.
BUSINESS
March 15, 2005 | James F. Peltz, Times Staff Writer
Italian oil giant Eni reportedly is weighing a takeover bid for Unocal Corp., becoming the fourth rumored suitor in two months for the El Segundo-based energy exploration and production company. Unocal already is being eyed by ChevronTexaco Corp., China National Offshore Oil Corp. and Royal Dutch/Shell Group, according to published reports. Shares of Unocal climbed 2.2% on Monday, rising $1.31 to $62.
BUSINESS
December 6, 1994 | JESUS SANCHEZ, TIMES STAFF WRITER
In a move that will plunge the company into the red this year, Unocal Corp. said Monday that it will write off nearly $500 million after taxes to reflect lower values for gas and oil fields and larger-than-expected environmental cleanup costs. The big fourth-quarter charge reflects an ongoing reorganization at the Los Angeles-based energy company, which is cutting operating costs and trimming money-losing operations, industry analysts said.
CALIFORNIA | LOCAL
September 1, 1997 | KEVIN O'LEARY, SPECIAL TO THE TIMES
Environmentalists are quietly piecing together a huge swath of undeveloped hills from Whittier to Anaheim to form a wilderness corridor to rival the better known Santa Monica Mountains corridor. This archipelago of tenuously connected open spaces known as the Whittier-Puente-Chino Hills breaks up the urban sprawl of freeways, endless housing tracts, mini-malls and office complexes in eastern Los Angeles and northwestern Orange counties.
BUSINESS
July 5, 2005 | Jonathan Peterson, Times Staff Writer
When a Dutch company sought to take over Silicon Valley Group Inc., a high-tech firm in San Jose, the ultimate vote was cast not by shareholders or executives or even the board of directors. That job went to the Committee on Foreign Investment in the United States, a secretive, little-known panel of U.S. officials that rules on whether purchases of U.S. businesses by foreign entities would impair national security and should be banned. The committee approved the $1.
BUSINESS
March 13, 1985 | NANCY RIVERA and DEBRA WHITEFIELD, Times Staff Writers
In an escalation of a takeover battle that has yet to be formally announced, Unocal Corp. on Tuesday sued its own longtime bank over loans the bank made to Unocal's undeclared suitor, Texas oilman T. Boone Pickens. In addition, Fred L. Hartley, chairman of the Los Angeles-based company, sent a letter to Federal Reserve Chairman Paul A. Volcker blasting the "junk financing" being used to feed "a takeover frenzy that strikes at the economic well-being of this country."
Los Angeles Times Articles
|