Valero Energy Corp. Company News

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Valero and Second Firm Obtain Jones Act Waivers
The Biden administration has issued a second waiver of Jones Act shipping requirements as it seeks to get more fuel to the East Coast.
8:00 PM EST | May 13, 2021
Texas Refiners Grapple with Damage from Storm
Refineries in Texas are finding a return to normal a messy, stop-and-start process.
7:00 PM EST | February 22, 2021
Louisiana Supertanker Port Sets Shipment Record
American oil exports from Louisiana's offshore supertanker port jumped to a record in January
7:00 PM EST | February 02, 2021
ConocoPhillips Adds Goldman Sachs Alum to Board
ConocoPhillips reported Tuesday that Eric Mullins has been appointed to the company's board of directors.
8:00 PM EST | September 09, 2020
About 30% of Gulf Coast Refining Capacity Going Offline
Oil and chemical plants along the Texas and Louisiana coasts are racing to shutter plants before Hurricane Laura makes landfall.
8:00 PM EST | August 24, 2020
Biden VP Pick Has Record of Fighting Oil Industry
As California attorney general, Harris filed lawsuits against Phillips 66, ConocoPhillips and others.
8:00 PM EST | August 11, 2020
Some Refiners Benefiting From Crude-Price Drop
America's biggest fuel makers are taking advantage of low oil prices to capture profits while slowing fuel production.
8:00 PM EST | March 30, 2020
Some American Oil Selling at Under $10 a Barrel
The whole market is groaning under the weight of this oil surplus.
8:00 PM EST | March 29, 2020
Texas May Get Its First Renewable Diesel Plant
The proposed facility would be located near Valero's Port Arthur refinery.
8:00 PM EST | September 08, 2019
US Sanctions on Venezuela are Helping Colombian Oil
U.S. Gulf refiners are bidding up prices for Colombian crude amid sanctions on Venezuelan imports.
7:00 PM EST | February 26, 2019
India Becomes Top Buyer of Venezuelan Oil
Meanwhile, shipments to Venezuela's long-time ally China have slowed down.
7:00 PM EST | February 17, 2019
Venezuela Sanctions Likely to Hit Some US Refiners
Refiners in Texas and Louisiana would be hard hit by sanctions on Venezuelan crude under consideration at the White House.
7:00 PM EST | January 23, 2019
Valero, Marathon Beat Profit Estimates As Refining Margins Rise
Two of the biggest independent oil refiners in the US beat Wall Street profit estimates.
8:00 PM EST | July 25, 2018
Forget Tech, Big Oil is Doling Out America's Fattest Paychecks
Move over Wall Street titans and Silicon Valley giants. When it comes to paychecks, Big Oil now looks like the best bet for U.S. workers.
8:00 PM EST | July 04, 2018
Data: Valero Boosts Imports Of Venezuelan Oil As Sanctions Loom
Valero this year boosted its imports of Venezuelan crude ahead of US sanctions over the country's disputed presidential election.
8:00 PM EST | May 21, 2018
Valero Expands Into South America With Peru Biofuels Deal
Valero Energy agrees to purchase Pure Biofuels Del Peru from private equity firm Pegasus Capital Advisors, the companies say.
8:00 PM EST | May 13, 2018
Valero Energy Profit Beats On Higher Refining Margins
Valero Energy posts a better-than-expected first quarter profit as the independent US refiner benefits from higher refining margins.
8:00 PM EST | April 25, 2018
Skinny And Sweet: US Refiner Earnings Depend On The Oil Diet
Shares of smaller independent US refiners with less complex facilities surged in the stock market in the first quarter.
8:00 PM EST | April 25, 2018
Valero to Deploy CB&I Alkylation Tech in Louisiana
The St. Charles facility in Norco, La., is one of Valero's more complex refineries.
7:00 PM EST | February 27, 2018
Refiners Valero, Marathon See Upbeat 2018 On Global Growth
Valero and Marathon Petroleum expect strong global economic growth to spur demand for oil in 2018.
7:00 PM EST | January 31, 2018
Oil Refiners Shrug Off Harvey to Rake in Fat Post-Storm Profits
When Hurricane Harvey cleared and the floodwaters receded, oil refiners found themselves floating on a sea of cash.
8:00 PM EST | October 24, 2017
Contractor Died at Valero Corpus Christi Refinery-Company
A contractor died at Valero Energy Corp's Corpus Christi, Texas, refinery on Wednesday, the company said on Friday.
8:00 PM EST | October 05, 2017
Far From the Texas Coast, Hurricane Harvey Hits Oil Refiners
Three weeks after Hurricane Harvey ravaged the massive fuel-making industry, the region's recovery from storm damage is starting to disrupt plans for crucial maintenance.
8:00 PM EST | September 18, 2017
Valero Underestimated Houston Refinery Leak During Harvey
Valero probably underestimated the leakage of dangerous chemicals when Hurricane Harvey hit its Houston refinery last month, EPA says.
8:00 PM EST | September 14, 2017
Valero Seeks Waiver To Colonial Pipeline Fuel Specifications After Harvey
Valero asks federal regulators to allow or direct Colonial Pipeline Co to lift gasoline grade requirements in the wake of Hurricane Harvey.
8:00 PM EST | September 04, 2017
Gasoline Slips as Gulf Coast Refiners Fire Up Shuttered Plants
Motor fuel prices declined as traders assessed the supply implications of refinery restarts following hurricane-induced shutdowns.
8:00 PM EST | August 31, 2017
Texas Refiners Spared by Harvey Sweat Storm's Second Round
The largest refinery in the United States is gearing up for Harvey's second landfall.
8:00 PM EST | August 28, 2017
Distillates To Boost US Refiners' Bottom Line Through Year-End
US refiners are heading into the winter season on their best footing in years.
8:00 PM EST | August 10, 2017
Oil Industry Maintains Country Club Culture During Downturn
Horizontal shales deep under the earth's surface are important to an energy company's balance sheet, but so is what happens above the grass line - especially if that grass is owned by an exclusive Texas country club.
8:00 PM EST | May 22, 2016
Devon Midstream Partners Files for IPO of Up to $400M
Devon Midstream Partners files with U.S. regulators to raise up to $400 million in an initial public offering of its common units.
8:00 PM EST | September 26, 2013
Valero Declares Quarterly Dividend
Valero Energy has declared a regular quarterly cash dividend on the company's common stock of $0.05 per share.
8:00 PM EST | April 28, 2010
Mexico, U.S. GOM Operators Monitor Ida
Tropical depression Ida and adverse weather due to hit the southwestern Gulf next week could pose as a threat to operators in the Gulf of Mexico.
7:00 PM EST | November 05, 2009
Cameron Highway Oil Pipeline Completes Financing
Enterprise Products Partners and Valero Energy Corporation report that their jointly owned venture, Cameron Highway Oil Pipeline, has successfully completed the private issuance of $415 million of non-recourse, Series A and B senior secured notes.
7:00 PM EST | December 15, 2005
Valero and EnCana Decide Not to Pursue Joint Venture
Valero Energy and EnCana are no longer pursuing a proposed project in which EnCana would have supplied heavy crude oil from Western Canada to be processed at Valero's refinery in Lima, Ohio.
7:00 PM EST | December 14, 2005
Constitution Field to Provide Oil for Cameron Hwy Pipeline
Cameron Highway Oil Pipeline Company has executed an agreement with Kerr-McGee, for the dedication and movement of crude oil production from the Constitution and Ticonderoga fields, along with other future potential production from several undeveloped blocks in the south Green Canyon area of the Gulf of Mexico.
8:00 PM EST | July 15, 2004
Valero Energy Declares Dividend
The Board of Directors of Valero Energy Corporation has declared a regular quarterly cash dividend on the company's common stock of $0.15 per share.
8:00 PM EST | July 14, 2004
GulfTerra & Valero Finalize Agreements for Cameron Highway
GulfTerra Energy Partners and Valero Energy Corporation have completed agreements to form a 50/50 joint venture in the $458-million Cameron Highway Oil Pipeline System project.
8:00 PM EST | July 13, 2003