Angeles

In the midst of a regional trucking transportation hub in the Inland Empire 50 miles east of downtown Los Angeles, a regional government association is leveraging state and federal grants totaling nearly $20 million with a major national trucking company, Ryder System Inc., to put hundreds of compressed natural gas (CNG) and liquefied natural gas (LNG) rigs on the road.

As part of a broader asset-shedding strategic plan, the Los Angeles Department of Water and Power’s (LADWP) interim general manager proposed selling the utility’s substantial natural gas reserves in Wyoming’s Pinedale Basin.

Los Angeles-based independent Occidental Petroleum Corp. (Oxy) has signed an agreement to purchase Phibro LLC, Citigroup Inc.’s commodities trading unit, for approximately $250 million, Oxy said Friday.

Los Angeles-based independent Occidental Petroleum Corp. (Oxy) has signed an agreement to purchase Phibro LLC, Citigroup Inc.’s commodities trading unit, for approximately $250 million, Oxy said Friday.

Sempra Energy’s Los Angeles-based Southern California Gas Co. (SoCalGas) utility announced Tuesday it is holding more than $20 million for rebates and incentives to business customers for qualifying energy efficiency projects in 2009. It is the largest pool of incentive money in the utility’s history.

A year after it closed, a deal between Quicksilver Resources of Fort Worth, TX, and Los Angeles-based BreitBurn Energy Partners LP has gone south, with Quicksilver alleging in a lawsuit that it was misled by BreitBurn with respect to plans for the partnership’s ownership structure and governance.

A year after it closed, a deal between Quicksilver Resources of Fort Worth, TX, and Los Angeles-based BreitBurn Energy Partners LP has gone south, with Quicksilver alleging in a lawsuit that it was misled by BreitBurn with respect to plans for the partnership’s ownership structure and governance.

The day of the commercially viable natural gas-powered vehicle (NGV) may be on the horizon: Toyota Motor Sales USA Inc. (TMS) will display a compressed natural gas (CNG) Camry Hybrid concept vehicle at the Los Angeles Auto Show in November, the company said.

The day of the commercially viable natural gas-powered vehicle (NGV) may be on the horizon: Toyota Motor Sales USA Inc. (TMS) will display a compressed natural gas (CNG) Camry Hybrid concept vehicle at the Los Angeles Auto Show in November, the company said.