# Valero

> Valero Energy Corporation manufactures and markets petroleum-based and low-carbon transportation fuels. Its independent-refining business is supported by ethanol plants, the Diamond Green Diesel joint venture and fuel distribution networks serving customers across the Americas and Europe.

- **Founded:** 1980
- **Headquarters:** San Antonio, United States
- **Founders:** William E. (Bill) Greehey (Founding CEO and chairman)
- **Products:** Petroleum fuels and products, Ethanol and co-products, Diamond Green Diesel renewable diesel, Sustainable aviation fuel, Branded wholesale fuel and logistics
- **Notable:** Operates 14 petroleum refineries with approximately 3 million barrels per day of throughput capacity, as reported in 2026., Owns 12 ethanol plants with approximately 1.7 billion gallons of annual capacity., Diamond Green Diesel has approximately 1.2 billion gallons of annual capacity; up to 235 million gallons can be upgraded to neat SAF, rather than added on top.

## Products & services

- **Petroleum fuels and products** — Gasoline, diesel, jet fuel, asphalt and petrochemical feedstocks manufactured at petroleum refineries.
- **Ethanol and co-products** — Corn-based ethanol for fuel blending, livestock feed and corn oil.
- **Diamond Green Diesel renewable diesel** — Renewable diesel made primarily from recycled fats and oils through a 50/50 joint venture with Darling Ingredients.
- **Sustainable aviation fuel** — Port Arthur capability to upgrade part of renewable-diesel capacity into neat SAF for blending with conventional jet fuel.
- **Branded wholesale fuel and logistics** — Fuel supply, branding and marketing support for distributors and retailers; transport through pipelines, marine facilities, truck and rail.

## Achievements

- Operates 14 petroleum refineries with approximately 3 million barrels per day of throughput capacity, as reported in 2026.
- Owns 12 ethanol plants with approximately 1.7 billion gallons of annual capacity.
- Diamond Green Diesel has approximately 1.2 billion gallons of annual capacity; up to 235 million gallons can be upgraded to neat SAF, rather than added on top.
- Completed the Port Arthur SAF project in October 2024; Valero reports it was on schedule and under budget.

## Latest updates

- **2026-09** — Matt Audette elected as an independent director and appointed to the Audit Committee on September 18.
- **2026-07** — Second-quarter results reported $3.7 billion net income attributable to stockholders and $717 million renewable-diesel segment operating income; St. Charles’s $230 million optimization remained expected to start in Q3.
- **2026-04** — Full idling of Benicia processing units completed in April, following cessation of fuel-production-unit operations in Q1.
- **2026-01** — 2025 results reported $122.687 billion revenue and a $156 million renewable-diesel segment operating loss.

## Links

- Website: https://www.valero.com/
- LinkedIn: https://www.linkedin.com/company/valero-energy-corporation
- Twitter/X: https://twitter.com/valeroenergy
- YouTube: https://www.youtube.com/user/ValeroEnergy1
- Instagram: https://www.instagram.com/valeroenergy/
- Facebook: https://www.facebook.com/valeroenergy

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Profile page: https://yespress.io/valero
Published by YesPress — https://yespress.io
Last updated: 2026-10-22