Valero Energy News

Federal officials have cited Valero Energy Corp. for workplace safety and health violations at its Delaware City oil refinery.

Around 3 p.m. EDT today, an investor in Valero Energy sold off the upside of the stock to decrease the cost of downside protection in a long-dated collar spread.

Oppenheimer & Co. analysts toned down their expectations for the oil-refining business Wednesday, not only for the rest of 2009 but into next year as well as the sector struggles with weak demand and pricier crude oil.

As some of the biggest names in the city's leadership community gathered at the downtown Haven for Hope on Friday morning, the official program was set to feature two of the most important business leaders celebrating the power of philanthropy to make San Antonio a better place.

US refiners are facing weakening fundamentals that may cause plant closures, said Oppenheimer analyst Fadel Gheit in a report Wednesday that downgraded several independents.

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Q: What happens to the price of a stock after a company sells additional shares to the public, as Valero Energy did? A: Generally, more stock means a lower stock price.

Valero Energy Corp. said it would close its Aruba refinery for at least two months this summer as falling prices for its refined products make the plant less profitable, reported by the Associated Press.

Russia's OAO Lukoil said Friday it will pay $725 million for a stake in a Dutch refinery owned by France's Total SA, blocking a bid for the holding from Valero Energy Corp.

APOL , TWC , VLO , ARE , PHI APOL , TWC , VLO , ARE , PHI According to GuruFocus updates , these stocks have declined the most since Gurus have bought: Apollo Group Inc.

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When Sunoco closed this week on the acquisition of a bankrupt ethanol plant for pennies on the dollar, it became just the latest oil refiner to step into the alternative fuels market.

When Sunoco closed this week on the acquisition of a bankrupt ethanol plant for pennies on the dollar, it became just the latest oil refiner to step into the alternative fuels market.

Valero Energy Corp., San Antonio, Texas, is expanding its retail presence in western Pennsylvania, according to a Pittsburgh Tribune-Review report.

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Valero Energy Corp. has not determined when it will restart units at its St. Charles refinery in Norco.

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A subsidiary of Valero Energy Corp. has been awarded a $15.7 million military fuel contract.

"The time to buy," said Baron Rothschild, "is when there's blood in the streets." These days it's hard enough for many managers to keep their businesses afloat, much less think about taking risks.

Valero Energy Corp. , the largest U.S. refiner, is considering more overseas acquisitions after prospective sellers lowered their asking prices.