(Bloomberg, 24.Mar.2021) — The oil tankers docking at the refinery in Baytown, Texas, look exactly like many others plying the waters of the Houston Ship Channel. But stashed inside their capacious holds is an unusual cargo: Russian petroleum. The sprawling complex, which belongs to Exxon Mobil Corp., isn’t the only U.S. […]
Tag: Valero Energy Corp.
Sempra Energy Excited About US Position
(Sempra, 5.Nov.2020) — Sempra Energy reported third-quarter 2020 earnings of $351mn, or $1.21 per diluted share, compared to third-quarter 2019 earnings of $813mn, or $2.84 per diluted share. On an adjusted basis, the company’s third-quarter 2020 earnings were $380mn, or $1.31 per diluted share, compared to $425 million, or $1.50 […]
Aruba Ends Citgo Deal
(Reuters, 9.Oct.2019) — Aruba on Wednesday reached an agreement with U.S. based Citgo Petroleum Corp to end its contract to refurbish and operate the island’s refinery, a statement from the island’s prime minister said. The Caribbean nation plans to pursue outside candidates to take over the 209,000 barrel per day […]