Valero Energy News

With gasoline and diesel fuel prices where they are, it figures you'd have gigantic moves in the shares of independent oil refiners. via Kiplinger's Personal Finance

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“It remains to be seen whether this will occur at any given well”

Major oil companies' multimillion-dollar payment to 153 public water systems to cleanse wells of a potentially carcinogenic gasoline additive could grow if more tainted wells are discovered over the next 30 ... via New York Daily News

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“We've worked hard to reach a responsible resolution to the cases being settled and are pleased to be moving forward”

At least two major oil companies said late Wednesday they have agreed to settle lawsuits over the use of the gasoline additive MTBE, a potential carcinogen that has been found in drinking water. via The Jersey Journal

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Comtex SUGAR LAND, TX, May 07, 2008 ----Researched by Industrial Info Resources -- Continued investments in the Petroleum Refining Industry to boost capacity of low-sulfur transportation fuels have kept the ... via Fox News

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“This transaction offers great synergies with our existing retail network and supply chain”

Valero Energy Corp. has agreed to buy 72 convenience stores and fueling stations from Albertson's LLC, the oil refiner said Monday. via The Denver Business Journal

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Valero Energy By Credit Suisse WE ARE REDUCING the rating from Outperform to Neutral: Valero has outperformed the Standard & Poor's 500 over the last month and is the best-performing refiner of the last three ... via Barron's

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Bloomberg News reports that ExxonMobil reported a disappointing first quarter -- making only $10.9 billion in net profit. via Blogging Stocks

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San Antonio-based oil refiner Valero Energy dropped some bad news on the energy sector when it announced that first-quarter profit nosedived 77%. Higher crude oil and other feedstock costs were blamed for the ... via Seeking Alpha

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“This group is expected to report the sharpest decline in earnings in the (oil) sector at more than 90 percent compared with the year-ago period”

Surging crude prices have been a boon for many oil sector companies. But one group that has been left out of the party in recent months is the independent refiners, which are due to begin reporting ... via Canadian Business Magazine

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"Don't catch a falling knife," as the old saw commands. The idea of buying a former superstar stock at a discount price certainly has its attractions, but you've got to make sure you catch the haft -- not the ... via Fool.com

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