Shares in Osborne Park-based Mission NewEnergy were higher after it struck an offtake and equity deal with US company Valero Energy Corporation that could generate more than $US3.5 billion for the company.

Shares in Osborne Park-based Mission NewEnergy were higher after it struck an offtake and equity deal with US company Valero Energy Corporation that could generate more than $US3.5 billion for the company.