Valero Energy Corp

Valero Energy Corporation is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, selling primarily in the United States, Canada, the United Kingdom, Ireland, and Latin America. The company operates 14 petroleum refineries in the U.S., Canada, and the U.K. with a combined throughput capacity of approximately 3.0 million barrels per day. Valero is a 50% joint venture member in Diamond Green Diesel Holdings LLC, which produces low-carbon fuels including renewable diesel and sustainable aviation fuel with a production capacity of approximately 1.2 billion gallons per year in the U.S. Gulf Coast region. The company also owns 12 ethanol plants in the U.S. Mid-Continent region with a combined production capacity of approximately 1.7 billion gallons per year. Valero manages its operations through three segments: Refining, Renewable Diesel, and Ethanol. The company completed the idling of its Benicia Refinery in California in April 2026 and is pursuing decommissioning and redevelopment of that site. Updated Oct 22, 2026