Valero Reports Q1 Results

In the first quarter of 2010, Valero Energy Corp. reported a loss of $101 million from continuing operations (or $0.18 per share) compared to the first quarter of 2009 gain from continuing operations of $364 million ($0.70 per share). The first quarter 2010 operating loss was $32 million, versus first quarter 2009 operating gain of

Valero to Sell Delaware City Assets for $220 Million

Valero Energy Corp. is selling the assets of its terminal operation and discontinued operations in Delaware City to the Delaware City Refining Company LLC and Delaware Pipeline Company LLC, wholly owned subsidiaries of PBF Energy Partners LP. Valero is selling the assets for $220 million and will retain the minimal levels of remaining crude oil

Bill Bradford to Retire From Valero

Valero Energy Corporation has announced that director Bill Bradford, 75, has decided to retire from the company’s Board of Directors. “Bill has provided 17 years of outstanding service to Valero and its predecessor companies,” said Valero Chairman and CEO Bill Klesse. “The company has benefited greatly from his experience and counsel. We owe Bill our

Valero Reports Fourth Quarter, Annual Results

Valero Energy Corporation has reported a fourth quarter loss from continuing operations of $182 million, or $0.32 per share, excluding special items, of $155 million, or $0.28 per share. This compared to a fourth quarter 2008 loss from continuing operations of $3.2 billion, or $6.22 per share, excluding special items, of $795 million, or $1.53

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