Unocal earnings take dive in first quarter; profits drop 93 percent
Allen Baker, PNA contributing writer
Unocal Corp. rode lower prices and lower production to a lower profit of $22 million for the first quarter of 2002, down 93 percent from the same quarter a year ago. It was, at least, an improvement on the $29 million loss in the fourth quarter.
Production slipped 4 percent to 477,000 barrels of oil....
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Alaska shows $6 million loss Alaska gas price higher
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