Skip to Content

Valero Energy

Valero Energy is a global manufacturer of petrochemical products and the leading independent oil refiner in the U.S. With approximately 20,000 employees worldwide, the company operates 15 refineries that produce a combined 2.5 million barrels of oil per day. In 2011, Valero acquired Chevron’s Pembroke refinery, in Wales, U.K., for $730 million, marking Valero’s expansion into the Western European refining market. Valero struggled in 2020, a year in which oil prices plunged to all-time lows as demand dropped precipitously owing to pandemic lockdowns. As a result, the company was forced to temporarily halt production at two of its ethanol plants.
MARK FELIX—AFP via Getty Images
Lists ranking Valero Energy
RANK164
Global 500 - 2021Total revenue for the world’s biggest companies fe...READ MOREview in list
RANK53
Fortune 500 - 2021This year’s Fortune 500 marks the 67th running of ...READ MOREview in list