Unocal news releases are archived on this web site for historical purposes. While the information in the releases was accurate at the time of release, information regarding the matters discussed in the releases, including material information, changes over time. Information in a release may, therefore, no longer be accurate or in effect after the date of the release, and Unocal undertakes no duty to update such information. | |
| Dec 1998 | |
| 12/31/98 | Spirit Energy 76 completes sale of Oklahoma oil and gas assets to Magnum Hunter |
| 12/28/98 | International consortium selected for LNG project in India |
| 12/21/98 | Unocal sees lower 1999 capital spending; targets up to $200 million in annual cash expenses cuts |
| 12/17/98 | Unocal agrees to sell interest in Alliance Pipeline Project |
| 12/16/98 | Planned sale of Spirit Energy 76's Michigan oil and gas assets terminated |
| 12/15/98 | Unocal statement on Burma selective purchasing ordinance by the City of Los Angeles |
| 12/10/98 | Basin reports discovery on West Cameron 278 |
| 12/10/98 | Unocal statement on withdrawal from the proposed Central Asia Gas (CentGas) pipeline project |
| 12/9/98 | New Unocal gasoline patent could have broader application for U.S. refiners |
| 12/7/98 | Unocal declares regular quarterly dividend |
| 12/7/98 | Unocal appoints James Crownover, Donald Rice to company board of directors |
| Nov 1998 | |
| 11/25/98 | Spirit Energy 76 reaches definitive agreement on sale of Oklahoma oil and gas assets |
| 11/24/98 | Unocal begins demolition phase of Avila Beach cleanup project |
| 11/20/98 | Unocal builds on low-cost exploration, current infrastructure with new contract areas offshore Indonesia |
| 11/16/98 | International oil and gas companies donate US$1 million for Bangladesh flood rehabilitation |
| 11/12/98 | French/U.S. group signs production-sharing contracts in two deepwater blocks offshore Gabon |
| 11/11/98 | Unocal to cut 1999 capital, cash expenses to counter continued low commodity prices |
| 11/11/98 | Unocal discovers new gas field in Gulf of Thailand |
| 11/5/98 | Unocal Canada to expand capacity of Aitken Creek gas storage facility |
| Oct 1998 | |
| 10/27/98 | Unocal reports third quarter earnings |
| 10/27/98 | Unocal Global Trade, Public Energy Authority of Kentucky sign $120 million, 10-year natural gas deal |
| 10/26/98 | Unocal wells extend significant Seno resource offshore Indonesia; development approaches proposed |
| 10/22/98 | Molycorp looks for major cost cuts in face of slumping molybdenum price |
| 10/20/98 | Molycorp achieves 1,000-day safety benchmark at Mountain Pass |
| 10/5/98 | Texas court dismisses lawsuit against Unocal; judge says no cause of action by Bridas |
| 10/2/98 | Spirit Energy 76 reaches definitive agreement on sale of Michigan oil and gas assets |
| Sept 1998 | |
| 9/29/98 | Unocal committed to long-term growth despite depressed commodity prices; sees lower third quarter earnings |
| 9/28/98 | Unocal declares regular quarterly dividend |
| 9/28/98 | Unocal extends offshore Vietnam exploration acreage |
| 9/24/98 | Unocal Thailand confirms commerciality of Pakarang gas field |
| 9/10/98 | Unocal produces 1,500 barrels of oil per day from new McArthur River horizontal well |
| 9/9/98 | Molycorp earns international environmental management system registration |
| August 1998 | |
| 8/31/98 | Court rules Unocal RFG patent application was proper; company to seek royalties |
| 8/26/98 | Spirit Energy 76 significantly expands Gulf of Mexico shelf and deepwater portfolio in 77 new federal lease blocks |
| 8/25/98 | Unocal gives to CARE: Indonesian crisis is the focus of new gifts |
| 8/24/98 | Unocal deepwater Indonesia discovery tests 10,069 barrels of oil per day |
| 8/21/98 | Unocal Statement: Suspension of activities related to proposed natural gas pipeline across Afghanistan |
| 8/19/98 | PTT, Unocal sign condensate sales pact, help cut Thailand's oil imports |
| 8/17/98 | Unocal, Mobil discover second new deepwater oil and gas field offshore Indonesia; additional drilling planned |
| July 1998 | |
| 7/28/98 | Unocal reports 2Q 1998 earnings; cost controls, financial strength help company to weather low oil prices |
| 7/21/98 | Unocal, California agencies reach settlement on Guadalupe civil suit; funds earmarked for local environmental projects |
| 7/15/98 | Spirit Energy 76 participates in deepwater discovery; first well on Leo prospect finds 200' of pay |
| 7/14/98 | Unocal sees strong growth from international projects and prospects, analysts told |
| June 1998 | |
| 6/18/98 | Unocal says expected costs for Avila Beach remediation project adequately reserved |
| 6/17/98 | Unocal reports $3.4 million shortfall for Indonesian March steam deliveries |
| 6/16/98 | Unocal, government agencies, environmental groups reach settlement on Avila Beach cleanup |
| 6/3/98 | Unocal reviews restructuring options for non-E&P operating business units |
| 6/1/98 | Spirit Energy 76 triples exploratory discoveries |
| 6/1/98 | Unocal stockholders elect directors, approve new premium option plan for senior officers |
| 6/1/98 | Unocal declares regular quarterly dividend |
| 6/1/98 | Unocal discovers new oil play in deepwater area offshore Indonesia |
| May 1998 | |
| 5/29/98 | Spirit Energy 76 to acquire 25% interest in deepwater Mad Dog prospect |
| 5/27/98 | Los Angeles Times article on Central Asia uses innuendo and errors to cast suspicion on Unocal |
| 5/21/98 | Canadian Forest Ltd. acquires Unocal Canada Limited Northwest Territories interests |
| 5/15/98 | Unocal takes steps to ensure safety of Jakarta-based personnel; operations remain unaffected |
| April 1998 | |
| 4/29/98 | Unocal sets gas delivery record in Thailand |
| 4/28/98 | Unocal reports 1Q 1998 earnings; higher oil and gas production levels forecast |
| 4/20/98 | Unocal capital spending forecast shows $150-$200 million reduction from original plan |
| 4/16/98 | Spirit Energy 76 acquires additional interest in Van Field units; production increases |
| 4/15/98 | Unocal Canada completes exchange of assets for Tarragon common stock and debenture |
| March 1998 | |
| 3/30/98 | Unocal declares regular quarterly dividend |
| 3/25/98 | Unocal establishes $1 million international petroleum studies fellowship at Colorado School of Mines |
| 3/19/98 | Unocal mulls cuts in short-term capital projects; no impact on high value exploration, growth programs |
| 3/18/98 | Spirit Energy 76 is high bidder for interests in 28 Gulf of Mexico blocks |
| 3/16/98 | Unocal wells expand deepwater Merah Besar oil and gas resource offshore Indonesia |
| 3/12/98 | Unocal pledges $1.5 million in grants to support major educational initiatives in Thailand, United States |
| February 1998 | |
| 2/26/98 | Unocal unit signs farm-in agreement for Argentina onshore oil exploration block |
| 2/25/98 | Unocal replaces 101% of 1997 oil, gas production 'through the drill bit' |
| 2/24/98 | Unocal acquires new Ganal production-sharing contract in East Kalimantan |
| 2/13/98 | Unocal Canada to exchange oil and gas assets for Tarragon common stock and debentures |
| 2/10/98 | Unocal Global Trade reports increased revenues and earnings, continued high margins from oil and gas trading in 1997 |
| January 1998 | |
| 1/28/98 | Unocal posts 4Q 1997 earnings; company expects further oil and gas production increases |
| 1/28/98 | Unocal deepwater well in Indonesia tests 9,430 barrels of oil per day |
| 1/27/98 | Spirit Energy 76 sees production turnaround from aggressive Gulf region exploration program |
| 1/26/98 | Unocal extends stock repurchase program |
| 1/22/98 | Spirit Energy 76 and Amoco Production Company enter joint venture in Cotton Valley Reef |
| 1/21/98 | Spirit Energy 76 makes gas discoveries in Bobcat Run field, Texas |
| 1/20/98 | Unocal's Spirit Energy 76 secures deepwater rig contract |
| 1/16/98 | Unocal's Spirit Energy 76 unit close to contract on deepwater drillship for Gulf of Mexico exploration program |
| 1/14/98 | Unocal increases stake in Alliance pipeline project |
| 1/13/98 | Spirit Energy 76 makes twelve oil discoveries in Van Zandt County, Texas |
| 1/9/98 | Unocal ammonia ship, SS Cornucopia, rescues three North Korean fishermen |