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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investment and valero l.p. - All News and Analysis
Waste-to-Fuels Startup Terrabon Hauls in Waste Management Investment
Terrabon has landed another investment partner -- this time, it's Waste Management-- in its pursuit of commercially viable green gasoline, a renewable fuel made from the organic waste found in your local landfill. BNET wrote about Houston, Texas-based Terrabon back in April, when Valero Energy, the largest U.S....
Valero Energy Hunkers Down in Challenging Sour Crude Refining Market
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
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 --...
Oil Refiner Valero Plows More Money into Renewables with Terrabon Investment
The ink has barely dried on Valero Energy's $477 million check for seven ethanol plants and a development site from bankrupt VeraSun and it's already investing more money into another renewable project. In this latest endeavor, Valero has become the lead investor in Terrabon, a company developing technology to convert trash from...
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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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