Step 1: In a small saucepan, add the following 3 ingredients and bring to a boil; set the hot liquid mixture aside (1 stick butter, 1/2 cup oil and 1 cup water.
Step 2: In a large mixing bowl, add all the following 7 ingredients and mix together well
Step 3: 2 cups all-purpose flour, 2 cups granulated sugar, 1/4 cup cocoa, 1 teaspoons, vanilla, 2 eggs, 1 1/2 teaspoons baking soda and 1/2 cup buttermilk.
Step 4: Pour the hot liquid mixture into the cake batter and mix until thoroughly combined.
Step 5: Pour cake batter into a lightly greased and floured jellyroll pan.
Step 6: Bake at 350 degrees for about 20 minutes.
Step 7: Remove cake from oven and frost cake while it is still warm.
Step 8: Frosting: 1 stick butter, 1/3 cup buttermilk, 4 cups powdered sugar, 1/4 cup cocoa, 1 teaspoon vanilla and 1 cup pecans, chopped)
Step 9: In a small mixing bowl, combine sugar and cocoa; set aside. In a small saucepan, heat the butter and buttermilk until butter is melted. Add the heated liquid ingredients and the vanilla to the bowl of sugar-cocoa mixture, and beat until creamy.
Step 10: Stir in the chopped pecans.
Step 11: Pour and spread the icing over the cake while it is still warm.
Step 12: Cool cake before cutting.
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