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Vicki Vaughan

(Image: Fotolia)

Is U.S. energy independence realistic?

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Some say it’s not realistic to suggest that the United States will stop importing oil entirely, because of the nation’s dependence on the broader global economy.
(Photo: Fotolia)

Valero considering more heavy Canadian crude for refining

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On Thursday, Valero President Joe Gorder said the company is considering shipping by rail 30,000 barrels a day of heavy sour Canadian crude to its 135,000-barrel-a-day Wilmington plant.
Categories: Canada, Refining
(Photo: NuStar Energy)

NuStar in dispute on pipeline

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San Antonio-based NuStar Energy LP says it’s checking out all its legal options in a dispute with TexStar Midstream Services LP, which has backed out of the second of two deals to sell assets to NuStar.
Categories: Pipelines
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Tesoro’s CEO touts clarity of purpose

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Going to work as an elementary-school kid can be a good thing, teaching lessons a child can take into the workplace — a big-time workplace.
Categories: Crude oil, Refining
A Petrohawk Energy natural gas drilling site in the Eagle Ford Shale is shown in September 2009. (Jake Lacey/Houston Chronicle file photo)

Oil’s new reign in Texas draws comparisons to the Kingdom

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The Lone Star State is earning a new moniker: Saudi Texas. Oil production in Texas is soaring, jumping to an average 2.139 million barrels a day in November — the best showing in more than 25 years.
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Shale crude boosts Tesoro profits

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Tesoro Logistics LP logged higher net income in the fourth quarter in part because its pipelines handled greater volumes of crude oil from the Bakken Shale.
Categories: General
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Tesoro posts quarterly profit

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San Antonio-based Tesoro Corp. swung to a profit in the fourth quarter, but its earnings were diminished by a charge related to its decision to close its refinery in Hawaii.
Categories: Refining
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The Valero Three Rivers Refinery in Three Rivers, Texas between San Antonio and Corpus Christi refines a lot of oil from the Eagle Ford shale. (Photo: John Davenport, San Antonio Express-News)

Valero CEO touts company’s advantages

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Valero Energy Corp. has advantages over its competitors because of the San Antonio refiner’s increasing production of high-margin distillates and its low operating costs, CEO Bill Klesse said Wednesday at a conference.
Categories: Refining
(Photo: NuStar Energy)

NuStar reports $11 million loss

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Hedging losses and canceled capital projects led to a fourth-quarter loss for San Antonio-based pipeline company NuStar Energy LP.
(AP file photo/Sue Ogrocki)

Valero profits double to $1 billion

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San Antonio-based Valero Energy Corp. on Tuesday logged its highest fourth-quarter earnings per share since 2005, as profit more than doubled because of higher margins in all areas where the company does business.