• Strategic American Oil Corp. (SGCA.OB) is “One to Watch”

    Trading on the OTC Bulletin Board, Strategic American Oil Corporation is an exploration and production company. They have operations in Texas, Louisiana, and Illinois, and have an internationally recognized team of geologists, engineers, and executives with extensive oil and gas exploration and production experience. Strategic American Oil Corporation has their corporate headquarters in Corpus Christi, [...]
  • Valero says Tx. HCU unit back after work

    Valero Energy Corp said on Tuesday a hydrocracker is back at the west plant of its 315,000-barrel per day Corpus Christi, Texas, refinery after a planned unit turnaround was finished.
  • Valero still assessing Corpus Christi hydrocracker

    Valero Energy Corp said on Thursday that it is still assessing a hydrocracker that was shut earlier this week at its oil refinery in Corpus Christi, Texas, following a small fire.
  • US Gulf refiners say ops normal, watch storm threat

    U.S. refiners said operations were normal at refineries in Texas and Louisiana on Friday morning as they monitored a storm system in the western Gulf of Mexico that has a low chance of becoming a tropical cyclone.
  • U.S. judge may decide Asarco's fate as soon as Monday

    A U.S. federal judge is expected to decide on Monday whether Grupo Mexico or India's Sterlite Industries will control Asarco LLC, bringing the U.S. copper miner a step closer to leaving bankruptcy after four years.
  • US judge may decide Asarco's fate as soon as Monday

    NEW YORK/MEXICO CITY - A U.S. federal judge is expected to decide on Monday whether Grupo Mexico (GMEXICOB.MX) or India's Sterlite Industries (STRL.BO) will control Asarco LLC, bringing the U.S. copper miner a step closer to leaving bankruptcy after four years.
  • Farrah Fawcett, 1970s sex symbol, dies aged 62

    Actress Farrah Fawcett, the Charlie's Angels television star whose big smile and feathered blond mane made her one of the reigning sex symbols of the 1970s, died on Thursday after a long battle with cancer. She was 62.
  • Oil hits 6-month high on U.S. refinery problems

    Oil prices rose on Tuesday, touching a six-month high over $60 a barrel as a flurry of U.S. refinery problems stoked supply fears leading into peak summer driving season.
  • Oil rises on spate of U.S. refinery problems

    Oil prices rose on Tuesday as a flurry of U.S. refinery problems stoked supply fears leading into peak summer driving season.
  • Oil up slightly, US refinery problems support

    Oil prices rose on Tuesday on buying inspired by gains on Wall Street and a flurry of U.S. refinery problems leading into peak summer driving season.
  • Grupo Mexico offers $1.3bn for bankrupt miner Asarco

    In the middle of court proceedings in Corpus Christi, Texas, Jorge Lazalde confirmed the amount of the offer, saying more details will be available after the hearing concludes.
  • GreenGold Ray Energies Inc. (GRYE.PK) is One to Watch

    GreenGold Ray Energies Inc. is a biodiesel, green technology, and alternative energy company. The Company has their U.S. office in Corpus Christi, Texas, as well as an office in Northern Mindanao, Republic of the Philippines. GreenGold Ray Energies acquired large parcels of land ideal for the cultivation of the Jatropha plant. Jatropha curcas grows almost [...]
  • Proposed $4 billion scheme to pay claims against US copper miner Asarco

    Mexican mining giant Grupo Mexico is to put forward a $4 billion scheme to pay off claims against US mining subsidiary Asarco.
  • Environmental NGOs ask U.S. Attorney General to block Asarco sale

    U.S. environmental groups are asking the Department of Justice to block the sale of Asarco to UK-listed mega miner Vedanta Resources, which they claim has a worse environmental track record than Asarco.
  • Crude Drops

    So, what is going on in the wild, wonderful world of crude? Well, weather-related and supply concerns initially shoved black gold to an early all-time intraday high of $80.12 per barrel after hitting an all-time high of $80.20 in electronic trading. After yesterday's 2.2%, supply driven advance for black gold, we learned that Valero Energy had to shut down a Texas refinery thanks to a power outage from the hurricane in the area. In an email, the company noted that it is not clear how long the outage will last, but the company is mobilizing equipment to assist the refinery. The company did state that production at refineries in Corpus Christi, Houston, and Texas City were not affected by Hurricane Humberto. At last check, oil had pulled back, dropping more than a dollar to $78.29 per barrel.
  • Oil rises on U.S. refinery problems

    Oil prices rose on Monday as refinery outages in the United States stoked supply concerns again as the end of the summer driving season neared.