BNET Industries
Last Fiscal Year Sales:$1.4B
- Private
- US
Dow Jones Description
On the direct route to petroleum is where Valero wants to be. Founded in 1999 and headquartered in San Antonio, TX, Valero, L.P. transports crude and refined oil. The company operates in four segments: Refined Product Terminals, Refined Product Pipelines, Crude Oil Pipelines, and Crude Oil Storage Tanks. It operates a network of about 8,400 miles of refined oil pipelines and almost 800 miles of crude oil pipelines. It offers storage and handling facilities for oil and chemicals, and delivers crude to refineries. It is a subsidiary of Valero Energy. The company has annual revenue of about $660 million and employs about 2,500 people. In 2005, it acquired Kaneb Services LLC And Kaneb Pipe Line Partners, L.P.
President & CEO
Curtis V. AnastasioNumber of Employees 1,340
Peer Companies
NAICS Code Petroleum Refineries: 324110
News & Analysis
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business operations and valero l.p. - All News and Analysis
Sour Market: With No Buyer in Sight, Valero Closes Delaware Refinery
BNET
- 2009-11-20
Valero Energy will permanently close its Delaware City refinery as shrinking margins and weak demand continue to punish the largest U.S. refiner. About 550 employees will lose their jobs as a result of the plant closure. "The decision to permanently close the Delaware City refinery was a very difficult...
Valero Energy Hunkers Down in Challenging Sour Crude Refining Market
BNET
- 2009-07-28
Valero Energy may slow production and keep its Aruba refinery plant closed as it prepares to weather a storm of continued weakened global demand, narrowing diesel and jet fuel margins and lower sour crude discounts. The U.S. oil refiner's second-quarter earnings fell to a loss of $254 million,...
Ethanol Plants Idle, Workers Wait as VeraSun Buyout Drags Out
BNET
- 2009-04-16
Several companies including U.S. oil refiner Valero Energy have swooped up ethanol plants from bankrupt-plagued VeraSun Energy. But employees at many of these plants are still worrying and waiting for the deals to close so they can get back to work. Valero has the highest profile deal --...
Pacific Ethanol's Troubles Signal More Bankruptcies to Come
BNET
- 2009-04-07
Pacific Ethanol joined last week a growing list of biofuel producers hurt by the trifecta of low gasoline prices, higher corn and energy costs and the global credit crunch. The Sacramento-based company announced it had run out of cash, defaulted on $250 million of loans and faces bankruptcy...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Curtis V. Anastasio | President & CEO |
| Steven A. Blank | CFO & Senior Vice President |
| James Bluntzer | Vice President, Operations |
| Jerry McVicker | Vice President, Business Development |
| Mary F. Morgan | Vice President, Business Development |
| Rodney Reese | Vice President, Engineering, Technical Services |
| Thomas R. Shoaf | Vice President & Controller |
| Richard Kellaway | Managing Director, Uk & Amsterdam |
| Tommy Stuchell | Director, Northeast Region |
| Bradley C. Barron | Secretary |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| William E. Greehey | Chairman |
| Dan J. Hill | Board of Directors |
| Stan McLelland | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | President & CEO | Current |
| Valero, L.P. | President & CEO | Current |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | CFO & Senior Vice President | Current |
| Valero, L.P. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | Vice President, Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | Vice President, Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | Vice President, Engineering, Technical Services | Current |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | Vice President & Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | Managing Director, Uk & Amsterdam | Current |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | Director, Northeast Region | Current |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Valero Marketing & Supply Company | Chairman & CEO | Current |
| Valero Refining Company | Chairman & CEO | Current |
| Valero, L.P. | Chairman | Current |
| Valero Energy Corporation | Chairman | Former |
| Valero Energy Corporation | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Valero, L.P. | Board of Directors | Current |
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Glass Door
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| Company | Employer Rating |
| Chevron |  |
| ConocoPhillips |  |
| Exxon | |
| Occidental Petroleum | |
| Schlumberger | |
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