Valero Energy Corporation

NYSE: VLO

Updated Mar 29, 2026

Profile compiled and reviewed by the Houston Oil Companies Data Team from public filings and company sources.

Refining · Refining & Marketing

Valero Energy Corporation

VLO

Valero Energy is the world's largest independent petroleum refiner with major refining operations in the Houston area.

Founded: 1980
Employees: 10,000+
Revenue: $139 billion (2023)
HQ: San Antonio, TX (major Houston operations)

Petroleum RefiningRenewable DieselEthanolSustainable Aviation Fuel

Valero Energy Corporation is the world's largest independent petroleum refiner and one of the top renewable diesel producers. While headquartered in San Antonio, Valero has extensive operations in the Houston area, operating multiple refineries along the Texas Gulf Coast. The company is also the second-largest US ethanol producer and a major player in renewable diesel.

Headquarters

San Antonio, TX (major Houston operations)

Founded

1980

Employees

10,000+

Revenue

$139 billion (2023)

CEO

Lane Riggs

Website

valero.com

History of Valero Energy Corporation

Valero was founded in 1980 as a spinoff of Coastal States Gas Corporation. Under former CEO Bill Klesse and current leadership, the company grew into the world's largest independent refiner through strategic acquisitions. Valero has been a leader in renewable fuels, investing heavily in renewable diesel and sustainable aviation fuel production.

Operations & Business Segments

Valero operates 15 petroleum refineries with a combined throughput capacity of approximately 3.2 million barrels per day. Its Gulf Coast refineries include facilities in Port Arthur, Texas City, Houston, and Corpus Christi. The company also operates 12 ethanol plants and two renewable diesel facilities, including the Diamond Green Diesel joint venture.

Headquarters Location

San Antonio, TX (major Houston operations)

Key Specialties & Capabilities

Petroleum RefiningRenewable DieselEthanolSustainable Aviation FuelGulf Coast RefiningDiamond Green Diesel

Frequently Asked Questions About Valero Energy Corporation

Does Valero operate in Houston?▾

Yes. While headquartered in San Antonio, Valero operates multiple refineries in the Houston/Gulf Coast area, including facilities in Texas City, Houston, and Port Arthur.

Is Valero the biggest refiner in the world?▾

Valero is the world's largest independent petroleum refiner (not owned by a national oil company) with approximately 3.2 million barrels per day of refining capacity.

What is Diamond Green Diesel?▾

Diamond Green Diesel is a joint venture between Valero and Darling Ingredients that produces renewable diesel from animal fats, used cooking oil, and other waste fats and oils.

What does Valero Energy Corporation do in Houston?▾

Valero Energy Corporation is a refining company based in San Antonio, TX (major Houston operations). Valero Energy is the world's largest independent petroleum refiner with major refining operations in the Houston area.

Where is Valero Energy Corporation headquartered?▾

Valero Energy Corporation is headquartered in San Antonio, TX (major Houston operations), founded in 1980. The company operates in Houston's energy corridor as part of the refining sector.