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Valero to Acquire Houston Refining Site, Plans 165,000 BPD Restart
Source: zacks.com
M&A & RestructuringEnergy Markets & PricesCompany FundamentalsCorporate Guidance & Outlook
VLO is acquiring a Houston refining site for $320.5 million, which is expected to expand its refining operations. The company plans to restart 165,000 barrels per day of light crude capacity by 2027.
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mildly positive
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