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News and Articles on Valero Energy Corporation (VLO)
RIL closes in on overseas buy Oct 15, 2009
Assets of Italys Eni, USs Valero Energy Corporation and Sunoco, Royal Dutch Shells Stanlow, Harburg and Heide refineries , the Grangemouth refinery operated by British chemicals maker Ineos, and Swissbased Petropluss UK refinery could be some of the targets, analysts say. Be it refineries or petrochemical units, they are available dirt cheap due to falling demand, said an equity analyst with a Mumbai-based brokerage firm. (India Times)
VeraSun Energy Receives Bankruptcy Court Approval for Sale of Company Assets to Valero and Secured Lenders Mar 19, 2009
Valero Renewable Fuels is a subsidiary of Valero Energy Corporation, North America's largest petroleum refiner and marketer based in San Antonio, Texas. Valero has agreed to purchase the VSE Group facilities for a base purchase price of $350 million, $72 million for the US Bio Energy facility in Albert City, Iowa and $55 million for the ASA facility in Albion, Neb. (PR Newswire)
Alon USA Reports 2008 Results Mar 6, 2009
Declares Quarterly Cash Dividend. Company schedules conference call for March 6, 2009 at 10:00 A.M. Eastern. (PR Newswire)
VeraSun Energy Obtains 'Stalking Horse' Bid from Valero for Five Facilities; Files Motion Seeking Authority to Sell Substantially All Assets by March 31 Feb 7, 2009
As part of the sales process, the Company has signed an agreement with Valero Energy Corporation to sell substantially all of its assets relating to the VeraSun production facilities in Aurora, South Dakota; Charles City, Fort Dodge, and Hartley, Iowa; and Welcome, Minnesota; and a development site in Reynolds, Indiana ... Credit Suisse is acting as exclusive financial advisor to Valero Energy Corporation. (PR Newswire)
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