What does Valero Energy do?

Valero Energy Corp. engages in the manufacture and marketing of transportation fuels and other petrochemical products. It operates through the following business segments: Refining, Ethanol and Renewable Diesel.

Who owns Valero gas?

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.

How many refineries does Valero have?

The company has 15 refineries and 11 ethanol plants in the U.S., Canada, the United Kingdom, and the Caribbean, and its refineries are able to process heavy, low-quality crude oil. Through subsidiaries, Valero owns the general partner of Valero Energy Partners LP (NYSE: VLP), a midstream master limited partnership.

Where is Valero located?

Valero’s refinery is located in the Manchester neighborhood of Houston, where a 2016 report found residents carried significantly higher cancer and respiratory risks than elsewhere in the city. In 2019, Harris County also announced plans to sue Valero for Clean Air Act violations.