Sunday, August 16, 2026
Valero, Darling planning major renewable diesel refinery in Port Arthur - Oil and Gas 360

Valero, Darling planning major renewable diesel refinery in Port Arthur

From The Houston Chronicle Valero Energy and Darling Ingredients said Monday they’re planning to build a massive renewable diesel refinery in Port Arthur. The companies, which have a 50-50 joint venture called Diamond Green Diesel, would build the first-ever renewable diesel plant in Texas. They’re currently in the early engineering and cost review stages, so the project isn’t definitely going

Paulson's hedge fund calls on Callon to drop merger, sell itself - Oil and Gas 360

Paulson’s hedge fund calls on Callon to drop merger, sell itself

From Reuters Billionaire investor John Paulson’s hedge fund on Monday urged Callon Petroleum Co (CPE.N) to drop its proposed $3.2 billion acquisition of Carrizo Oil & Gas Inc (CRZO.O), and instead consider selling itself. Paulson & Co funds, which hold about a 9.5% stake in Callon, said in a letter to the company’s board that adding Carrizo’s “inferior Eagle Ford

Drilling Down: Denver saltwater disposal well operator makes Permian Basin push - Oil and Gas 360

Drilling Down: Denver saltwater disposal well operator makes Permian Basin push

From The Houston Chronicle Water remains a big issue in the arid Permian Basin of West Texas where for every barrel of oil produced, another four to 10 barrels of saltwater — the remnants of an ancient inland sea — come out of the ground. Over the past week, six companies filed 20 drilling permits to develop saltwater disposal, or