Analysts: Expect Keystone XL Pipeline Approval
Key report from the US Department of State should set the stage for project`s approval from the White House, say analysts.
Continue reading "Analysts: Expect Keystone XL Pipeline Approval"
Key report from the US Department of State should set the stage for project`s approval from the White House, say analysts.
Continue reading "Analysts: Expect Keystone XL Pipeline Approval"
Tuesday, July 28, 2009
Valero Energy Corp. swinged to a second-quarter loss as an earlier strategy to process heavier grades of crude oil backfired amid falling sales volume and prices. In addition, diesel and jet fuel profit margins were weak. For full story, click here
Continue reading "Valero Energy Swung to 2Q Loss On Margin Pressure"
Friday, June 19, 2009
Russia’s LUKOIL has purchased a stake in a Dutch refinery from France’s Total, gaining a foothold in northwest Europe and blocking a bid by the biggest U.S refiner, Valero, to enter the region. For full story, click here
Continue reading "Russia’s LUKOIL has piped Valero for stake in Total refinery"
Saturday, June 6, 2009
Top U.S. refiner Valero Energy Corp. has planned to raise $720 million through a share sale this month to bolster its capital spending plans and bankroll acquisitions. For full story, click here
Continue reading "U.S Valero Energy has planned to raise $720 mln for Capex"
Tuesday, May 5, 2009
Valero Energy Corp. announced that the key gasoline-making unit at its Delaware refinery was back on-line following an extended outage, and that other units will be restarted over the next few days. The refinery was shut on March 4 for economic reasons while work continued, since Feb. 15, at the plant’s coker unit. For full [...]
Continue reading "Valero Energy’s Delaware Refinery Gasoline Unit Surged"
Monday, March 2, 2009
Valero Energy Corp took a crude unit out of production at its 325,000 barrel-per-day-total-throughput Port Arthur, Texas, refinery due to a Friday night fire in a heat exchanger. For full story, click here
Continue reading "Port Arthur refinery crude unit taken offline by Valero"
Wednesday, July 30, 2008
Valero energy has been hit by the rising cost of crude as it has soared faster than the price of retail gasoline. The company was quoted as saying: Weaker margins on gasoline were partially offset by substantially higher margins on distillate products such as diesel and jet fuels, which are seeing strong global demand, and improved differentials [...]
Continue reading "Valero hit by high oil prices"
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Monday, September 19, 2011