City of Industry, CA --(www.USEquityNews.com)-- 11/09/2007 - Energy industry alert provided by U.S. Equity News. Chevron Energy Solutions, a unit of Chevron Corporation (NYSE: CVX), and California State University, Fresno (Fresno State), recently announced the completion of a large-scale solar power installation at Fresno State that will supply 20 percent of the university's annual power needs. The 1.1-megawatt solar system -- the largest photovoltaic (PV)-paneled parking installation at a U.S. university -- is expected to save Fresno State more than $13 million in avoided utility costs over its 30-year lifespan. The 10 structures, which provide the only shaded parking on the campus, comprise 3,872 photovoltaic panels mounted on top of more than 700 carport stalls constructed in parking lots on the southeast side of campus.

Holloman Energy Corp (OTCBB: HENC) has been rated Speculative Buy with a price target of $2.00 by Beacon Equity Research Analyst, Lsa Springer, CFA. The full report is available at http://www.BeaconEquityResearch.com. Anyone interested in receiving alerts regarding Holloman Energy Corp. research should email members@beaconequityresearch.com with “HENC” in the subject line. For the full StocksJournal CFA report, please visit, http://www.stocksjournal.com
> Valero Energy Corp. (NYSE: VLO) says it will spend $1.4 billion on a major expansion of its refinery outside of New Orleans that will increase both gasoline and diesel production. Approval of the plan by Valero's board was announced recently by Rich Marcogliese, San Antonio-based Valero's chief operations officer, during a conference call with investment analysts, after the company reported third-quarter earnings. The expansion at the company's refinery in Norco, La., will increase diesel production by 49,000 barrels a day and gasoline production by 11,000 barrels a day.

Spanish-Argentine oil company Repsol YPF SA (NYSE: REP) recently said its third-quarter net profit fell 15 percent, hurt by lower hydrocarbons output and the weakness of the U.S. dollar. Madrid-based Repsol YPF said net profit stood at euro742 million (US$1.09 billion) for the three months to Sept. 30, against euro869 million in the same period a year ago. Third-quarter adjusted net profit -- the company's preferred measure of profitability, excluding minority interests and nonrecurring items -- fell 21 percent to euro670 million (US$986.37 million) from euro844 million.

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