VALERO ENERGY CORPORATION

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Valero to buy Chevron's U.K. oil refinery

Valero Energy Corp. (NYSE: VLO) said it has agreed to acquire Chevron Corp. (NYSE: CVX)'s Pembroke oil refinery in Wales, U.K., as part of a deal valued at up to $1.73 billion.
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Australia's Mission in biofuel deal with Valero

Australian biodiesel company Mission NewEnergy has signed a five-year deal with Valero Energy Corp to supply up to 200,000 tonnes of biodiesel a year, potentially worth up to $3.5 billion.
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EIA Report December 2, 2009

No major new refineries have been built in the United States since the 1970s, but that does not mean that U.S. refinery capacity has not grown. Refiners can increase capacity at existing sites by modifying equipment to increase product flow and by adding new distillation units. Consequently, though U.S. crude oil distillation capacity declined in the early 1980s, it has risen since the mid-1990s (Figure 1) due to these kinds of investments. From 1997 to 2009, total U.S. refining capacity increas...
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U.S. Crude Outlook - Gains on economy likely limited

Gains in cash crudes due to economic factors early in the week are expected to be limited by continuing lower demand from refiners, who are still contending with reduced demand and seeing a weak outlook for the coming year.
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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.
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Oil refiner says CO2 bill to cost it $7 billion a year

The U.S. climate bill would cost Valero, the country's largest oil refiner, more annually than it has ever made in a year, forcing it to warn consumers at filling stations that fuel prices will rise, the company's top government affairs official said.
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Oil refiner says CO2 bill to cost it $7 billion a year

The U.S. climate bill would cost Valero, the country's largest oil refiner, more annually than it has ever made in a year, forcing it to warn consumers at filling stations that fuel prices will rise, the company's top government affairs official said.
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Daily Wrap Up - July 28 - Energy

China and the United States signed a memorandum promising greater cooperation in tacking climate chaneg, energy and the environment. BP Plc and Valero Energy Corp. reported earnings for the second quarter reflecting the economic downturn has hit hard the oil industry.
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Mid Day Minute - July 28 - Energy

Gary Gensler, chairman of the U.S. Commodity Futures Trading Commission, said Tuesday that the federal agency must seriously consider setting strict position limits in the energy markets.
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Daily Wrap-Up - July 23 - Energy

Solar maker First Solar Inc. and EDF Energies Nouvelles announced they will build the largest solar panel manufacturing plant in France.U.S. stockpiles of natural gas rose 66 billion cubic feet to 2.952 trillion cubic feet on the week ended July 17.
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Valero says Port Arthur FCC back at planned rates

Valero Energy Corp said Monday a gasoline-producing fluidic catalytic cracking unit at its 287,000 barrel-per-day Port Arthur, Texas refinery was back at planned rates following a Friday malfunction.

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