Valero Energy Corp

Deadline passes in U.S. refinery workers contract talks

Union leaders and oil companies were unable to agree on a new labor accord on Saturday for workers at 63 U.S. refineries as a deadline passed that could lead to a strike.

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Citgo valued at more than $10 billion in revised bids

Citgo Petroleum Corp, Venezuela's U.S. oil refining unit, has received revised bids from at least four bidders, some which have valued the company at more than $10 billion, according to three people familiar with the matter.

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