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Valero Says It Received $350 Million Offer For Aruba Refinery

By Ben Lefebvre Of DOW JONES NEWSWIRES HOUSTON -(Dow Jones)- Valero Energy Corp. (VLO) has received an offer of $350 million for the idled refinery in Aruba it has been trying to sell for years, according to a government filing. The filing with the U.S. Securities Exchange Commission didn't name the potential buyer, saying only that it had "experience in the refining and marketing industry." "Due diligence process is currently ongoing and no final agreement has been reached to sell the refinery," Valero said in the filing. The Aruba plant, which only partially refines crude oil, has been a constant money loser for San Antonio-based Valero. After a January restart, Valero suspended operations at the 235,000 barrel-a-day refinery in March because of the poor economics of the plant. -By Ben Lefebvre, Dow Jones Newswires; 713-547-9201; ben.lefebvre@dowjones.com; Twitter: @bjlefebvre Order free Annual Report for Valero Energy Corp. Visit http://djnweurope.ar.wilink.com/?ticker=US91913Y1001 or call +44 (0)208 391 6028

Stock News for Valero (VLO)
DateTimeHeadline
03/31/201606:03:36Additional Proxy Soliciting Materials (definitive) (defa14a)
03/31/201606:03:36Proxy Statement (definitive) (def 14a)
03/28/201616:38:09Valero Energy Corporation to Announce First Quarter 2016 Earnings...
03/28/201616:20:34Valero Energy Partners LP Announces Acquisition of McKee Terminal...
03/18/201616:08:03Current Report Filing (8-k)
03/18/201610:27:00Valero Energy Corporation Will Participate In the Howard Weil...
03/11/201615:12:46Proxy Statement - Notice of Shareholders Meeting (preliminary...
03/03/201615:40:00Valero Reports Flaring From Planned Work at Benicia, Calif...
03/01/201616:10:27Current Report Filing (8-k)
02/26/201613:31:43Current Report Filing (8-k)
02/22/201606:13:36Current Report Filing (8-k)
02/19/201613:54:00Valero Energy Corporation Will Attend the Simmons Energy Conference
02/16/201606:02:13Statement of Ownership (sc 13g)
02/11/201608:55:12Amended Statement of Ownership (sc 13g/a)
02/08/201615:10:00Valero Energy Corporation to Participate in the Credit Suisse...
02/04/201607:21:00Valero Energy Partners LP Reports Solid Fourth Quarter 2015 and...
02/02/201616:06:00Valero Reports Gas Emissions at Corpus Christi Refinery
01/28/201609:48:00U.S. Hot Stocks: Hot Stocks to Watch
01/28/201608:51:45Current Report Filing (8-k)
01/28/201608:20:00Valero Energy's Profit Slumps on Weakness in Ethanol Segment

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