Valero Energy Corporation is a multinational enterprise that is headquartered in San Antonio, Texas, U.S.A. Currently, the company has a base of operations in several countries including the United States, Canada, the Carribean and the United Kingdom. Valero Energy is a member of the elite Fortune 500 group of companies, recording a turnover of approximately $138 billion, as per statistics from 2013.
The company was founded in 1980, as a spin-off enterprise from the Coastal States Gas Corporation. Since its foundation, Valero Energy has gone on to accumulate several assets, most notably in the form of oil refineries. Among its assets, the company also owns and operates a 50 megawatt wind farm.
Valero Energy has multiple subsidiaries through which it conducts fuel and petrochemical manufacturing, as well as marketing operations. The total workforce employed by the company stands at around 10,000 people. The company has 15 different refineries that produce around 2.9 million barrels of oil every day.