Valero Energy Corporation (NYSE: VLO) has agreed to acquire LyondellBasell’s former Houston Refinery site for $320.5 million and plans to restart 165,000 barrels per day (bpd) of light sweet crude processing capacity by the end of 2027. The deal, announced October 30, 2026, expands Valero’s Gulf Coast refining footprint adjacent to its existing Houston plant […]
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Energy Secretary Chris Wright says the U.S. is talking about “reopening every refinery we can.” With diesel at $6.32 and U.S. plants already running hard, ENB checked which shut refineries could realistically return, and how fast. If you drive a diesel pickup, run a farm or haul freight, here is the number that matters this […]
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Vice President JD Vance says the administration “has used” the Defense Production Act to expand Delek’s 74,000-barrel-a-day plant in East Texas. Diesel is $6.32 and nobody has published the dollars, the barrels or the start date. Here is what is real, what is not yet, and whether one small refinery can be the start of […]
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