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Vicki Vaughan

Construction of the Enbridge Crude Oil Pipeline In Illinois

Texas company to build pipeline to Mexico

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Brandon Seale, president of Howard Energy Mexico, said there is “strong interest from Eagle Ford producers” in the pipeline because at present the natural gas they produce must take an indirect route from Texas coastal ports to Mexico.
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Tesoro halts plans for Utah oil pipeline

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Tesoro’s project, the Uinta Express Pipeline, was to have shipped thick waxy crude oil from Utah’s Uinta Basin to the company’s plant in Salt Lake City.
(David Paul Morris/Bloomberg)

Refining boosts Valero to a record first quarter

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The results handily beat analysts’ estimates that the San Antonio-based refiner would earn $1.72 a share.
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Tesoro OKs two projects at Anacortes plant

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Refiner Tesoro Corp. said Tuesday it will spend almost $400 million on two projects at its Anacortes, Washington, refinery.
Categories: Gasoline, Refining
(AP Photo/Paul Sakuma)

Valero’s profit triples in third quarter

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Valero attributed the results to wider discounts for crude oils relative to the international benchmark crude and stronger gasoline margins in most regions.
The West Texas sky silhouettes a Linn Energy pumpjack in the Permian basin. (Linn Energy)

Eagle Ford, Permian drilling production surges

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According to the Texas Petro Index, oil production in Texas rose almost 20 million barrels.

More Texans working for oil and gas companies

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The 302,700 workers estimated to work for services and exploration and production companies marked the first time employment in the industry has exceeded 300,000 since his Texas Petro Index began tracking the numbers in 1995, said its developer, economist Karr Ingham.

Valero restarts ethanol plant

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Valero bought the plant in March from Illinois-based Aventine Renewable Energy Holdings Inc. for $34 million, boosting the number of its ethanol plants to 11.
(Jeff Pachoud/AFP/Getty)

Ending ban on oil exports would mean cheaper gasoline, energy executive says

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ConocoPhillips senior economist Helen Currie, citing a study by the energy consulting firm IHS Inc., said prices at the pump would fall by about 8 cents a gallon should crude exports be allowed.
(Plains All American)

Plains All American to build pipeline from Cushing to Memphis

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Houston-based Plains All American Pipeline LP said Thursday it plans to build a pipeline that would deliver as much as 200,000 barrels a day of crude oil to Valero’s Memphis plant when it’s completed in late 2016.