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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tesoro petroleum corp. and valero l.p. - All News and Analysis
Oil Refiners Start to See Silver Lining.
- 2002-10-26
By Greg Jefferson, San Antonio Express-News Knight Ridder/Tribune Business News Oct. 26--Oil refiners say they are at last getting a break in an otherwise dismal year. Profit margins on gasoline and distillates -- which include heating oil, diesel and...
Government to Require Cleaner-Burning Gasoline, Diesel from Oil Refiners.
- 2002-09-25
By Greg Jefferson, San Antonio Express-News Knight Ridder/Tribune Business News Sep. 25--The federal government will require oil refiners to begin making cleaner-burning gasoline and diesel in the next several years in order to cut smog-causing emissions. While many of...
Credit Ratings of Valero Energy, Tesoro Petroleum at Risk.
- 2002-08-30
By Greg Jefferson, San Antonio Express-News Knight Ridder/Tribune Business News Aug. 30--Moody's Investors Service on Wednesday warned San Antonio's Valero Energy Corp. that it's taking a dimmer view of the company's debt because of the ongoing refining industry slump. ...
Two San Antonio Companies Receive Warnings from Bond Rating Services.
- 2002-08-29
By Greg Jefferson, San Antonio Express-News Knight Ridder/Tribune Business News Aug. 29--Moody's Investors Service on Wednesday warned San Antonio's Valero Energy Corp. that it's taking a dimmer view of the company's debt because of the ongoing refining industry slump. ...
Stockholders, Analysts Leery of Competitive Effort by Tesoro Petroleum.
- 2002-06-17
By Greg Jefferson, San Antonio Express-News Knight Ridder/Tribune Business News Jun. 17--Tesoro Petroleum Corp. is twice the refiner it was a year ago, and a much bigger debtor. Wary investors and industry analysts are watching to see if the San ...
Tesoro Petroleum Corporation Announces Revised Terms for Golden Eagle Acquisition; Over $100 Million in Economic Improvement; Reduced Initial Cash Outlay of $200 Million
- 2002-05-06
Business Editors SAN ANTONIO--BUSINESS WIRE--May 6, 2002 Tesoro Petroleum Corporation (NYSE:TSO) today announced amended terms for the purchase of Valero Energy Corporation's (NYSE:VLO) Golden Eagle refinery and 70 associated retail sites, improving the economic terms of the transaction to Tesoro by more than $100 million and reducing the...
Oil Company May Shelve Refinery Deal Near Martinez, Calif.
- 2002-05-03
By Rick Jurgens, Contra Costa Times, Walnut Creek, Calif. Knight Ridder/Tribune Business News May 3--Tesoro Petroleum Corp., hit by slumps in its gasoline and heating oil businesses, could abandon its $1.13 billion purchase of the Golden Eagle refinery near Martinez, although Valero Energy...
San Antonio, Texas-Based Valero Energy Has First Quarterly Loss Since 1999.
- 2002-05-01
By Travis E. Poling, San Antonio Express-News Knight Ridder/Tribune Business News May 1--Warm weather in the Northeastern states, a drop in air travel and shallow discounts on sour crude oil led Valero Energy Corp., the nation's largest independent oil refiner, to its first ...
Losses May Grow at San Antonio, Texas-Based Tesoro Petroleum.
- 2002-02-22
By Travis E. Poling, San Antonio Express-News Knight Ridder/Tribune Business News Feb. 22--Tesoro Petroleum Corp. is expecting first-quarter losses to be more than the anticipated 9 cents per share because profit margins on refining are lower and a plant in Washington is...
Valero and Tesoro Announce Golden Eagle Acquisition Terms Updated
- 2002-02-21
Business Editors & Energy Writers SAN ANTONIO--BUSINESS WIRE--Feb. 21, 2002 Officials of Valero Energy Corporation (NYSE:VLO) and Tesoro Petroleum Corporation (NYSE:TSO) today announced amended terms for Tesoro's purchase of the 168,000 barrel-per-day BPD Golden Eagle Refinery and 70 associated retail sites in Northern California. The original terms...
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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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| Chevron |  |
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| Exxon | |
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