UK’s $1.8bn gas trade to US hit zero in June
Each year, Britain’s oil refineries send millions of barrels of surplus gasoline across the Atlantic to fuel America’s cars. The vital export trade appears to have stopped in June.
Valero Energy
Earnings down 22% in 2019 for Texas-based Valero Energy
Valero Energy Corp. said Thursday it finished 2019 with earnings of $2.4 billion, down more than 22 percent from the prior year, which the company attributed to higher prices it paid for sour crude and high gasoline inventories.
Aruba looks to Houston after ending refinery deal with Citgo
The Dutch Caribbean Island of Aruba is planning to look for new investors in Houston after negotiating an early end to a troubled contract with Citgo to restore and operate a long-idled refinery.
Chevron, BP, Shell rate high on LGBT equality, but energy sector lags overall
Some of the top oil and gas companies received perfect scores in the new LGBT workplace equality rankings, but the energy sector still ranks at the bottom for inclusion standards out of all industries nationwide.
Wood Group secures Valero Energy contract in Wales
Wood Group has secured a new five-year framework agreement with petrochemical firm Valero Energy for its onshore refinery in Wales.