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Texas-based Valero Energy Corp. will invest as much as $200-million in its Quebec refinery if Enbridge Inc. proceeds with its plan to reverse its Line 9 pipeline, a project one Quebec business leader described Wednesday as critical to the province's
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The groups on Tuesday called for an investigation by air-quality officials to evaluate the effects on health, air quality, safety and the climate of processing the heavy Canadian crude, which requires intensive processing to remove higher levels of
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Valero Energy Corp. won't try to sell its two California refineries but will instead attempt to bring in low-priced, domestically produced crude to make them more profitable, the company's chief executive said. Last year, Valero was said to be trying
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Video U.S. housing starts shot up 15 per cent in September to an annual rate of 872,000, more than 100,000 above the consensus estimate. Market View Video But an official with Valero Energy Corp., a major U.S. refiner and one of the pipeline's most
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Energy stocks fell on Wednesday with refiners among the hardest hit after analysts at Macquarie downgraded HollyFrontier Corp., CVR Energy Inc., and Valero Energy Corp. on concerns they will have a hard time meeting federal renewable fuels
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Schlumberger Ltd. shares gained 3.7%, while Baker Hughes Inc. advanced 2.5%. EOG Resources Inc. suffered a reversal of fortunes on Thursday, from being one of the top gainers Thursday to ending the day in the red...The company posted quarterly
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HQ, and exposing the CEO's resume gaffes, Loeb's fund has reportedly accumulated just under 5% of Murphy Oil and recently tossed a few ideas at the oil and gas outfit. Loeb proposed a spin-off of the retail operations, fresh after a partnership with
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La. (AP) — Two sheriff's deputies in Louisiana have been shot to death and at least two others were wounded in an early morning shootout in St. John the Baptist Parish, west of New Orleans. St...Dane Clement confirmed the deaths
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24 am by San Antonio-based refiner Valero Energy Corp.'s announcement that its net income rose almost 12 percent in the second quarter came with a surprise: It may split its retail business from the rest of the company. Valero said it is reviewing
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One of the engines of the Midwest's agricultural economy has started to sputter. Production of ethanol, the corn-based fuel additive, is slowing as manufacturers struggle with record low profit margins. Last month, Valero Energy Corp., one of the
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