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Vicki Vaughan

(AP file photo/Marco Garci)

Tesoro buying assets in Alaska

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San Antonio-based refiner Tesoro said it’s buying all of Flint Hills’ wholesale fuel marketing contracts in Alaska, along with a terminal in Anchorage with 580,000 barrels of storage, a truck rack and rail-loading capability.
(Jerry Lara/San Antonio Express-News)

Pioneer Energy posts quarterly loss

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The results slightly missed analysts’ estimates that Pioneer would post a loss of 24 cents a share.
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Tesoro’s profits soar

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The San Antonio-based refiner’s earnings from continuing operations jumped to $759 million, or $6.13 a share, compared with earnings of $397 million, or $3.06 a share, for the same period a year ago.
(Daniel Acker/Bloomberg)

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.