Who owns valero gas station9/13/2023 ![]() In the year 2013, the company had spun off its retail operations under a new company known as CST Brands. Then in the year 2011, the company had taken over Chevron Corporation for about $730 million. The company also started to absorb losses of $1 million per day since the beginning of 2009. As of the year 2009, the company had sacked nearly 500 employees at its refinery located in Delaware, USA. ![]() This was followed by the acquisition of almost 72 Albertsons gas stations in the year 2008. In the year 2005, the company had agreed to buy Premcor Incorporated for about $8 billion. Starting in the year 2002, the company began to expand in the eastern part of the USA, mainly in the north-eastern region along with Florida, USA. The company had received the ownership of Shamrock Logistics LP, and it was renamed to Valero LP in the year 2006. The same year, the company had also taken over Ultramar Diamond Shamrock. Then in the year 2001, the company had acquired Huntway Refining Company, along with its two asphalt plants as well. The company had also started retailing gasoline as well, under its name. In the year 2000, the company had taken over the refinery of Exxon Mobil, located in California. The following year, the company had purchased an oil refinery at New Jersey, USA. The company had also taken over Basis Petroleum in the same year as well. Then in the year 1997, the company had spun-off its retail as well as refinery divisions into separate companies. The first refinery of the company was acquired in the year 1984. The company had taken over the operations of LoVaca Gathering Company. The company was the most substantial spin-off in corporate history. The company had taken over the natural gas operations of the Coastal States Gas Corporation. The company was created as a spin-off of the Coastal States Gas Corporation. The company has been operational for almost 39 years now.
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