Vicki Vaughan

More Texans working for oil and gas companies

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.  More »

Valero restarts ethanol plant

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.  More »

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

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.  More »

Plains All American to build pipeline from Cushing to Memphis

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.  More »

Eagle Ford wave lifts Blue Dolphin Energy refinery

Houston-based Blue Dolphin Energy is turning a p;rofit on a refinery east of San Antonio that gets all its feedstock from the Eagle Ford Shale.  More »

Tesoro reports slight drop in earnings

The company’s net income fell to $224 million, or $1.70 a share, compared with $227 million, or $1.64 a share, for the second quarter of 2013.  More »

University Fund gets a boost from Texas oil production

A fund that directs state oil royalties to Texas A&M and the University of Texas is approaching $1 billion in revenue for this year.  More »

New “peaking” power units coming to Texas

East Texas-based Navasota Energy plans to build natural-gas fired “peaking” units in Guadalupe and Wilson counties capable of quickly sending power to the Texas grid at times of heavy demand.  More »

San Antonio energy tech company attracts high-profile investors

WellAware Holdings Inc., whose software lets energy companies track wells, pipelines and other oil-field equipment using smartphones, says it has secured $37 million in funding.  More »

Valero Energy Partners income hit by winter weather

Pipeline and storage company Valero Energy Partners said Wednesday that its first-quarter net income fell 28 percent because of costs incurred as a new publicly traded company and because harsh winter weather stifled demand for products and slowed crude oil supplies.  More »

Tesoro’s crude rail plans hit delay in Washington state

Tesoro Corp. CEO Greg Goff said Thursday that the company’s plan to rail crude oil to the Port of Vancouver USA has been delayed as the state of Washington completes an environmental impact statement.  More »

Valero’s profit soars on better fuel margins

Higher margins for its fuels and more crude oil processed at its plants propelled Valero Energy Corp. to a 28 percent increase in net income in the first quarter, the company said Tuesday.  More »
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