The Texaco brand has been a mainstay in the United Kingdom since 1916. In August 2011, Valero Energy Corporation, through Valero Energy Ltd, acquired the network of more than 1,000 Texaco branded wholesale sites – the largest branded network in the U.K. – from Chevron Ltd. Valero has continued with the Texaco brand in the market.
Valero, through its subsidiaries, is an international manufacturer and marketer of transportation fuels, other petrochemical products and power. Its assets include 15 petroleum refineries with a combined throughput capacity of approximately 2.9 million barrels per day, 10 ethanol plants with a combined production capacity of 1.2 billion gallons per year and a 50-megawatt wind farm.
Valero is also a large retail operator with approximately 6,800 retail and branded wholesale outlets under the Valero, Diamond Shamrock, Shamrock and Beacon brands in the United States and the Caribbean; Ultramar in Canada; and Texaco in the U.K. and Ireland. Based in San Antonio, Texas, U.S.A., Valero is a U.S. Fortune 500 company with approximately 20,000 employees.
Valero Energy Ltd is registered in England and Wales with a registered office address at 7th Floor, 11 Old Jewry, London EC2R 8DU.