Valero to Buy, Restart Idled Texas Refinery as Fuel Rallies
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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