Valero Energy Corp (VLO.N)
28 Sep 2016
Tue, Sep 20 2016
HOUSTON Valero Energy Corp shut the large crude distillation unit and a coking unit on Monday night at the 335,000-barrel-per-day Port Arthur, Texas, refinery as part of an ongoing plant-wide overhaul, said sources familiar with plant operations.
* Priced a public offering of $1,250,000,000 aggregate principal amount of 3.400 percent senior notes due 2026 Source text for Eikon: Further company coverage:
* H. Paulett Eberhart and Kimberly S. Greene have been elected to company's board of directors. Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)
LONDON, July 28 The accumulation of gasoline stocks in the United States has been driven by excess gasoline production rather than lack of demand, according to Valero, the largest independent refiner in the United States.
NEW YORK Valero Energy Corp , the largest U.S. refiner, expects to get hit with a half-billion-dollar bill in the second half of the year thanks to the rising cost of meeting government mandates to blend biofuels.
NEW YORK, July 26 Valero Energy Corp, the largest U.S. refiner, expects to get hit with a half-billion-dollar bill in the second half of the year thanks to the rising cost of meeting government mandates to blend biofuels.
Valero Energy Corp expects lower refinery utilization over the rest of the year as companies step up efforts to counter slumping refining margins caused by record supplies of gasoline and diesel products.
* Sees 2016 biofuel blending costs at $750 mln-$850 mln (Adds details)
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* The company's costs of biofuels blending have risen in 2016, totaling $173 million in the second quarter versus $56 million during the same period in 2015
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