Where is the corporate headquarters of Valero Energy?
Valero signage at corporate headquarters. Valero Energy Corporation is a Fortune 500 international manufacturer and marketer of transportation fuels, other petrochemical products, and power. It is headquartered in San Antonio, Texas, United States.
What is the history of Valero?
Valero took over the natural gas operations of the defunct subsidiary of Coastal States Gas, LoVaca Gathering Company. The name Valero comes from Misión San Antonio de Valero, the original name of the Alamo.
How many offices does Valeo have?
Valeo headquarters and office locations Valeo is headquartered in Paris, France and has 228 office locations across 35 countries.
What does Valero Energy do in the UK?
The London office administers Valero’s Western Europe operations under Valero Energy Ltd. Those include the Pembroke refinery in Wales, along with related marketing and logistics assets throughout the United Kingdom and Ireland.
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What country owns Valero gas stations?
the USIt is owned and operated by Valero Energy Corporation (Valero), which is based in the US. Valero owns two small oil refineries in Corpus Christi. They are operated together under the name of Valero Bill Greehey Refinery.
Where is Valero based out of?
San Antonio, TexasValero Energy Corporation is a Fortune 500 international manufacturer and marketer of transportation fuels, other petrochemical products, and power. It is headquartered in San Antonio, Texas, United States....Valero Energy.Valero company headquarters in San Antonio, TexasWebsitewww.valero.com15 more rows
Is Valero an American company?
1980. On January 1, Valero Energy Corporation is born as the corporate successor of Lo-Vaca Gathering Company, a natural gas pipeline subsidiary of Houston-based Coastal Corporation. At the time, this represents the largest corporate spinoff in U.S. history.
Does Valero use Russian oil?
Valero uses Russian fuel oils and VGO as feedstocks in cokers, gasoline-making fluid catalytic cracking units, and hydrocrackers, and the lack of VGO in particular could be challenging as gasoline demand starts to pick up.
What oil companies are owned by Russia?
Rosneft.Surgutneftegas.Gazprom.LukOil.Transneft.
Which gas stations are Russian owned?
1 The country has some of the largest multinational oil and gas companies in the world because it also has some of the largest known reserves....Here, we look at Russia's top 6 oil and gas producers.Gazprom (OGZPY) ... Rosneft (OJSCY) ... Lukoil (LUKOY) ... Gazprom Neft (GZPFY) ... Surgutneftegas (SGTPY) ... Novatek (NOVKY)
Who bought out Valero?
That's when a Canadian company called Couche-Tard announced it was buying the San Antonio-based company that owns Valero stores, CST brands, for a reported $4.4 billion. Media reports at the time said Couche-Tard didn't plan to get rid of any workers at Valero stores, they'd simply become Circle K employees.
Does Valero buy Russian gas?
Last year, Valero imported more than 15 million barrels of oil from Russia to make gasoline and other fuels, according to the U.S. Energy Information Administration.
What does the word Valero mean?
Val´er`o- 1. (Chem.) A combining form (also used adjectively) indicating derivation from, or relation to, valerian or some of its products, as valeric acid; as in valerolactone, a colorless oily liquid produced as the anhydride of an hydroxy valeric acid.
Who buys the most oil from Russia?
ChinaChina overtook Germany as the largest importer, importing nearly 2 million barrels of discounted Russian oil per day in May—up 55% relative to a year ago....The Top Importers of Russian Fossil Fuels.CountryValue of fossil fuel imports from Russia (Feb 24 - Jun 4)% of Russian fossil fuel export revenueChina$13.2B13.5%9 more rows•Jun 28, 2022
Is Valero a top tier gasoline?
Gasoline. Valero offers customers and partners quality gasoline, including TOP TIER™ certified fuel.
Which oil company is owned by Venezuela?
Petróleos de VenezuelaCitgo Petroleum Corporation (or Citgo, stylized as CITGO) is a United States–based refiner, transporter and marketer of transportation fuels, lubricants, petrochemicals and other industrial products....Citgo.TypePrivateOwnerPetróleos de Venezuela, S.A.Number of employees3,400 (2020)Websitewww.citgo.com8 more rows
Which oil company is owned by Venezuela?
Petróleos de VenezuelaCitgo Petroleum Corporation (or Citgo, stylized as CITGO) is a United States–based refiner, transporter and marketer of transportation fuels, lubricants, petrochemicals and other industrial products....Citgo.TypePrivateOwnerPetróleos de Venezuela, S.A.Number of employees3,400 (2020)Websitewww.citgo.com8 more rows
Is Valero oil from Venezuela?
But U.S. refineries that buy large amounts of Venezuelan oil could suffer. Aside from the PdVSA-owned Citgo Petroleum Corp., the two major importers of Venezuelan oil are Valero Energy (ticker: VLO) and Chevron (CVX).
What gas station is owned by Venezuela?
(CITGO Holding, Inc. is the sole stockholder of CITGO Petroleum Corp. ). Petróleos de Venezuela (PDVSA), the Venezuelan state oil company, owns 100% of the stock of PDV Holding.
Are Valero and Circle K the same?
Fuel is sold under various brands, with the Circle K and Shell brands as the most common. Other brands of fuel sold at Circle K stores include Valero, BP, Exxon, Marathon, Irving, Mobil, Esso and Phillips 66.
Where is Valero Energy located?
It is headquartered in San Antonio, Texas, United States.
Who owns Valero refinery?
Shortly after the divestiture of Delaware City, the company sold its refinery at the Port of Paulsboro to PBF Holdings, a wholly owned subsidiary of PBF Energy, as well. The sale concluded Valero's refinery ownership on the East Coast.
What company did Valero acquire?
The name Valero comes from Mission San Antonio de Valero, the original name of the Alamo. Valero acquired Corpus Christi Marine Services Company ("CCMS"), a small barge company in Corpus Christi, ...
Why did Valero lay off 500 employees?
Valero laid off 500 employees at its refinery in Delaware City, Delaware on November 20, 2009, due to profitability concerns. It was reported the refinery had lost $1 million per day since the beginning of the year.
How much did Valero Energy make in 2017?
For the fiscal year 2017, Valero Energy reported earnings of US$4.065 billion, with an annual revenue of US$93.980 billion, an increase of 24.2% over the previous fiscal cycle. Valero Energy's shares traded at over $67 per share, and its market capitalization was valued at over US$39.2 billion in November 2018.
How much did Valero buy Chevron?
On March 11, 2011, Valero announced that it had agreed to a major European purchase from Chevron Corp. for $730 million in cash, not including working capital that will be determined at closing. Estimates on the value of the working capital would place the total price at $1.73 billion.
How many retail outlets does Valero have?
Before the 2013 spinoff of CST Brands, Valero was one of the United States' largest retail operators with approximately 6,800 retail and branded wholesale outlets in the United States, Canada, United Kingdom, and the Caribbean under the Valero, Diamond Shamrock, Shamrock, Beacon, and Texaco brands.
Overview
Valero Energy Corporation is a Fortune 500 international manufacturer and marketer of transportation fuels, other petrochemical products, and power. It is headquartered in San Antonio, Texas, United States. Throughout the United States and Canada, the company owns and operates 15 refineries, and one in Wales, with a combined throughput capacity of approximately 3 million barrels (480,0…
History
Valero was created on January 1, 1980, as the successor of Coastal States Gas Corporation's Subsidiary, LoVaca Gathering Company. Valero took over the natural gas operations of the LoVaca Gathering Company, later renamed the Valero Transmission Company. The name Valero comes from Mission San Antonio de Valero, the original name of the Alamo. Valero acquired Corpus Chr…
Environmental record
The Political Economy Research Institute ranks Valero 28th among corporations that emit airborne pollutants in the United States. The ranking is based on both the quantity (3.4 million pounds in 2005) and the toxicity of the emissions.
Valero was the biggest financial backer of the failed 2010 California Proposition 23 and contributed more than $4 million by August 2010. Had it passed, Proposition 23 would have dela…
Defense contracts
For many years, Valero Energy Corp. has been awarded contracts worth several hundred millions of dollars by the United States Defense Logistics Agency Energy (DLA Energy) through the U.S. Defense Energy Support Center (DESC) to provide fuel, often JP-8, to Israel.
Divestitures
During 2010, Valero sold its operations on the United States Atlantic coast.
In November 2009, Valero Energy closed its operations at Delaware City. Later, Valero Energy reached an agreement to sell the assets of its Delaware City Refining and Delaware Pipeline to a Petroplus Holdings subsidiary, PBF Energy Partners LP, for approximately $220 million in September 2010.
Acquisitions
Through acquisitions in 2011, Valero entered the European market while strengthening its position in the United States, by reducing costs in supplying the Atlantic coast.
On August 1, 2011, Valero acquired the Pembroke Refinery from Chevron, as well as the marketing and logistics assets, for $730 million, excluding working …
Retail
Valero retails gasoline branded as Valero, Shamrock, Diamond Shamrock, Beacon, and Total, the last under license from TotalEnergies. While this arm of the company was the most visible to the public, it was, according to CEO Bill Greehey, "a very small part of [Valero's] operations".
Valero attempted to shift its focus from being a discount gasoline brand to bec…
See also
• William Greehey
• List of automotive fuel brands
• Valero Alamo Bowl
• Valero Texas Open