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Latest U.S. Gulf Coast Stories

2014-07-30 08:25:46

SAN ANTONIO, July 30, 2014 /PRNewswire/ -- Valero Energy Corporation (NYSE: VLO, "Valero") today reported net income from continuing operations attributable to Valero stockholders of $651 million, or $1.22 per share, for the second quarter of 2014 compared to $463 million, or $0.84 per share, for the second quarter of 2013. For all periods shown in the accompanying tables, the results of operations reflect the Aruba refinery as discontinued operations. Valero recognized $63 million...

2014-04-29 08:25:56

SAN ANTONIO, April 29, 2014 /PRNewswire/ -- Valero Energy Corporation (NYSE: VLO, "Valero") today reported net income attributable to Valero stockholders of $828 million, or $1.54 per share, for the first quarter of 2014 compared to $654 million, or $1.18 per share, for the first quarter of 2013. First quarter 2014 operating income was $1.4 billion versus $1.1 billion in the first quarter of 2013. Increases in operating income in the refining and ethanol segments were partly...

2014-01-27 08:22:05

HOUSTON, Jan. 27, 2014 /PRNewswire/ -- Sanchez Energy Corporation (NYSE: SN) ("Sanchez Energy" or the "Company"), a rapidly growing independent oil and gas company targeting onshore U.S. Gulf Coast oil resource plays with a current focus on the Eagle Ford Shale and the Tuscaloosa Marine Shale, today provided an update on its fourth quarter 2013 operations and year-end 2013 reserves. Summary Highlights -- Sanchez Energy reported fourth quarter 2013 production of approximately...

2008-08-30 12:05:00

By Associated Press GEORGE TOWN, Cayman Islands -- Gustav swelled to a fearsome Category 3 hurricane with winds of 120 mph (195 kph) as it shrieked toward the heartland of Cuba's cigar industry Saturday on a track to hit the U.S. Gulf Coast, three years after Hurricane Katrina. The storm already has killed 78 people in the Caribbean and the U.S. National Hurricane Center in Miami said it had become the second major hurricane of the Atlantic season, following Bertha in July. Cuban state...

2008-07-16 18:00:37

Valero Energy Corporation (NYSE: VLO) today affirmed that it has agreed to participate as a prospective shipper, subject to regulatory approvals, on the 500,000 barrel per day expansion of the Keystone crude oil pipeline system from Western Canada to the U.S. Gulf Coast at Port Arthur, Texas. Earlier today, TransCanada and its partner, ConocoPhillips, announced plans to increase the commercial design of the Keystone pipeline to 1.1 million barrels per day by 2012. In addition to its...

2005-11-10 15:57:33

By Amanda Cooper NEW YORK (Reuters) - The U.S. trade deficit swelled to a record $66.1 billion in September after Hurricane Katrina pushed oil prices to record highs and exports fell, causing the largest monthly increase in the deficit in over a year. But in early November, lower gasoline prices and an improving jobs market helped U.S. consumers overcome some of their gloom after the hurricanes that hit the U.S. Gulf Coast in late August and September. The Treasury Department also...


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.