ENERGY
From Times Staff and Wire Reports
Fluor Unit Buys 2 Mines From Occidental: Fluor Corp. said its coal subsidiary, Richmond, Va.-based A. T. Massey, has purchased two West Virginia coal mines from Occidental Petroleum Corp. for $41 million. A. T. Massey is acquiring two coal mines in Island Creek, W. Va., the Gund coal preparation plant in eastern Kentucky, and undeveloped coal deposits and equipment from Island Creek Corp., a Lexington, Ky., Occidental Petroleum unit, the companies said. Fluor stock dropped $2 on the news to close at $43.63 on the New York Stock Exchange. Occidental said it was selling the mines as part of a $3-billion campaign to reduce debt.
