Valero Energy Corp. Company News

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Valero and Second Firm Obtain Jones Act Waivers
Friday, May 14, 2021The Biden administration has issued a second waiver of Jones Act shipping requirements as it seeks to get more fuel to the East Coast.

Texas Refiners Grapple with Damage from Storm
Tuesday, February 23, 2021Refineries in Texas are finding a return to normal a messy, stop-and-start process.

Louisiana Supertanker Port Sets Shipment Record
Wednesday, February 03, 2021American oil exports from Louisiana's offshore supertanker port jumped to a record in January

ConocoPhillips Adds Goldman Sachs Alum to Board
Thursday, September 10, 2020ConocoPhillips reported Tuesday that Eric Mullins has been appointed to the company's board of directors.

About 30% of Gulf Coast Refining Capacity Going Offline
Tuesday, August 25, 2020Oil and chemical plants along the Texas and Louisiana coasts are racing to shutter plants before Hurricane Laura makes landfall.

Biden VP Pick Has Record of Fighting Oil Industry
Wednesday, August 12, 2020As California attorney general, Harris filed lawsuits against Phillips 66, ConocoPhillips and others.

Some Refiners Benefiting From Crude-Price Drop
Tuesday, March 31, 2020America's biggest fuel makers are taking advantage of low oil prices to capture profits while slowing fuel production.

Some American Oil Selling at Under $10 a Barrel
Monday, March 30, 2020The whole market is groaning under the weight of this oil surplus.

Texas May Get Its First Renewable Diesel Plant
Monday, September 09, 2019The proposed facility would be located near Valero's Port Arthur refinery.

US Sanctions on Venezuela are Helping Colombian Oil
Wednesday, February 27, 2019U.S. Gulf refiners are bidding up prices for Colombian crude amid sanctions on Venezuelan imports.

India Becomes Top Buyer of Venezuelan Oil
Monday, February 18, 2019Meanwhile, shipments to Venezuela's long-time ally China have slowed down.

Venezuela Sanctions Likely to Hit Some US Refiners
Thursday, January 24, 2019Refiners in Texas and Louisiana would be hard hit by sanctions on Venezuelan crude under consideration at the White House.

Valero, Marathon Beat Profit Estimates As Refining Margins Rise
Thursday, July 26, 2018Two of the biggest independent oil refiners in the US beat Wall Street profit estimates.

Forget Tech, Big Oil is Doling Out America's Fattest Paychecks
Thursday, July 05, 2018Move 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.

Data: Valero Boosts Imports Of Venezuelan Oil As Sanctions Loom
Tuesday, May 22, 2018Valero this year boosted its imports of Venezuelan crude ahead of US sanctions over the country's disputed presidential election.

Valero Expands Into South America With Peru Biofuels Deal
Monday, May 14, 2018Valero Energy agrees to purchase Pure Biofuels Del Peru from private equity firm Pegasus Capital Advisors, the companies say.

Valero Energy Profit Beats On Higher Refining Margins
Thursday, April 26, 2018Valero Energy posts a better-than-expected first quarter profit as the independent US refiner benefits from higher refining margins.

Skinny And Sweet: US Refiner Earnings Depend On The Oil Diet
Thursday, April 26, 2018Shares of smaller independent US refiners with less complex facilities surged in the stock market in the first quarter.

Valero to Deploy CB&I Alkylation Tech in Louisiana
Wednesday, February 28, 2018The St. Charles facility in Norco, La., is one of Valero's more complex refineries.

Refiners Valero, Marathon See Upbeat 2018 On Global Growth
Thursday, February 01, 2018Valero and Marathon Petroleum expect strong global economic growth to spur demand for oil in 2018.

Oil Refiners Shrug Off Harvey to Rake in Fat Post-Storm Profits
Wednesday, October 25, 2017When Hurricane Harvey cleared and the floodwaters receded, oil refiners found themselves floating on a sea of cash.

Contractor Died at Valero Corpus Christi Refinery-Company
Friday, October 06, 2017A contractor died at Valero Energy Corp's Corpus Christi, Texas, refinery on Wednesday, the company said on Friday.

Far From the Texas Coast, Hurricane Harvey Hits Oil Refiners
Tuesday, September 19, 2017Three 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.

Valero Underestimated Houston Refinery Leak During Harvey
Friday, September 15, 2017Valero probably underestimated the leakage of dangerous chemicals when Hurricane Harvey hit its Houston refinery last month, EPA says.

Valero Seeks Waiver To Colonial Pipeline Fuel Specifications After Harvey
Tuesday, September 05, 2017Valero asks federal regulators to allow or direct Colonial Pipeline Co to lift gasoline grade requirements in the wake of Hurricane Harvey.

Gasoline Slips as Gulf Coast Refiners Fire Up Shuttered Plants
Friday, September 01, 2017Motor fuel prices declined as traders assessed the supply implications of refinery restarts following hurricane-induced shutdowns.

Texas Refiners Spared by Harvey Sweat Storm's Second Round
Tuesday, August 29, 2017The largest refinery in the United States is gearing up for Harvey's second landfall.

Distillates To Boost US Refiners' Bottom Line Through Year-End
Friday, August 11, 2017US refiners are heading into the winter season on their best footing in years.

Oil Industry Maintains Country Club Culture During Downturn
Monday, May 23, 2016Horizontal 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.

Devon Midstream Partners Files for IPO of Up to $400M
Friday, September 27, 2013Devon Midstream Partners files with U.S. regulators to raise up to $400 million in an initial public offering of its common units.

Valero Declares Quarterly Dividend
Thursday, April 29, 2010Valero Energy has declared a regular quarterly cash dividend on the company's common stock of $0.05 per share.

Mexico, U.S. GOM Operators Monitor Ida
Friday, November 06, 2009Tropical 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.

Cameron Highway Oil Pipeline Completes Financing
Friday, December 16, 2005Enterprise 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.

Valero and EnCana Decide Not to Pursue Joint Venture
Thursday, December 15, 2005Valero 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.

Constitution Field to Provide Oil for Cameron Hwy Pipeline
Friday, July 16, 2004Cameron 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.

Valero Energy Declares Dividend
Thursday, July 15, 2004The 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.

GulfTerra & Valero Finalize Agreements for Cameron Highway
Monday, July 14, 2003GulfTerra 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.