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Top related persons:
Mike Blake - 1 Lane Riggs - 1 Valero - 1 refiners - 1 TD Cowen - 1 Jason Gabelman - 1 Arunima Kumar - 1 Sriraj - 1
Top related locs:
Valero Encinitas , California U.S Saudi Arabia Russia Green Diesel Port Arthur U.S . East Coast San Antonio , Texas
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Valero Energy Corporation - 1 REUTERS - 1 Companies Valero Energy Corp - 1 Refiner Valero Energy - 1 Valero - 1 Green Diesel - 1 U.S . - 1 Thomson - 1

Search resuls for: "Lane Riggs"


2 mentions found


☆ Valero tops profit estimates in strong start to U.S. refiner earnings
  + stars: | 2023-10-26 | by ( Arunima Kumar | ) www.reuters.com   time to read: +2 min
The logo for Valero Energy Corporation is shown at a Valero gas station in Encinitas, California, U.S., May 2, 2016. REUTERS/Mike Blake/File Photo Acquire Licensing RightsCompanies Valero Energy Corp FollowOct 26 (Reuters) - Refiner Valero Energy (VLO.N) beat analysts' estimates for third-quarter profit on Thursday, powered by sustained fuel and refined products demand against the backdrop of tight supplies. For the current quarter, Valero expects refining throughput between 2.93 million and 3.04 million bpd. The Diamond Green Diesel Port Arthur plant, which started up in the fourth quarter of 2022, boosted the sales volumes, Valero said. The 3-2-1 crack spread, a proxy for refining margins, fell around 35% during the July-September quarter.
Persons: Mike Blake, Lane Riggs, Valero, refiners, TD Cowen, Jason Gabelman, Arunima Kumar, Sriraj Organizations: Valero Energy Corporation, REUTERS, Companies Valero Energy Corp, Refiner Valero Energy, Valero, Green Diesel, U.S ., Thomson Locations: Valero, Encinitas , California, U.S, Saudi Arabia, Russia, Green Diesel Port Arthur, U.S . East Coast, San Antonio , Texas, Bengaluru
☆ Valero Energy CEO Joseph Gorder to step down, insider Riggs to succeed
  + stars: | 2023-05-09 | by ( ) www.reuters.com   time to read: 1 min
Companies Valero Energy Corp FollowMay 9 (Reuters) - U.S. refiner Valero Energy Corp (VLO.N) said on Tuesday CEO Joseph Gorder would step down from the role on June 30 and named Chief Operating Officer Lane Riggs as his successor. Gorder has led Valero as CEO since May 1, 2014 and served as chairman of the board since Dec. 31, 2014. Gorder will remain as executive chairman, the company said. Riggs has been with Valero since 1989 and held several leadership positions in the company including overseeing refining operations, crude and feedstock supply, and planning and economics. He also served on the board of Valero Energy Partners GP LLC from 2014 to 2019.
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