California Resources Corp., the new and homeless spinoff from Occidental Petroleum Corp., is beefing up its presence in Long Beach, a move city officials hope will lead to the oil producer siting its headquarters there.

The company this summer expanded its lease at a downtown Long Beach office tower and plans to move into the additional space next month.

A California Resources spokeswoman said the building will serve as the base for the company’s southern operations.

Long Beach officials said they have been told the building will serve as an interim headquarters while the company searches for a permanent home. Those officials say they hope to keep the company in Long Beach for good.

Read the full story in the September 22 weekly edition of the Business Journal.