Houston-based Rock River Resources will build a small refinery and facility for shipping crude by rail in Utah, providing new transportation and local refining for the growing oil production in the state, the company announced Tuesday.
A Valero subsidiary, Valero Energy Partners LP, filed a document with regulators Thursday to raise as much as $345 million through an initial public offering. The number of shares to be issued and their price wasn’t announced.
The Department of Justice says Houston-based CITGO Petroleum Corp. has agreed pay a $737,000 fine and install air pollution controls at refineries in Illinois and Louisiana to resolve alleged Clean Air Act violations.
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