Does Diamond Shamrock still exist?
Since 2001, it operates as a brand of Valero and has withdrawn the brand from a majority of Texas gas stations and had converted most of the stores to Valero or sold them off to Texaco or other companies.
Where is Diamond Shamrock located?
The DIAMOND SHAMROCK CORP. began as a Cleveland-based chemical company which, in 2003, was headquartered in Dallas under the name Maxus Energy Corp.
Who bought out Diamond Shamrock?
Valero Energy Corp.
Valero Energy Corp. and Ultramar Diamond Shamrock Corp. have completed their $6 billion merger, making the combined firm one of the three largest US refiners. HOUSTON, Jan. 2 — Valero Energy Corp.
When did Valero buy Diamond Shamrock?
December 31, 2001
On December 31, 2001, Valero completed its acquisition of Ultramar Diamond Shamrock. The merger left Valero with over 4,700 Ultramar, Diamond Shamrock, and Beacon retail sites in the United States, Canada, and the Caribbean.
Where is Valero headquarters?
San Antonio, TXValero Energy / Headquarters
Does Valero use Russian oil?
Valero uses Russian fuel oils and VGO as feedstocks in cokers, gasoline-making fluid catalytic cracking units, and hydrocrackers, and the lack of VGO in particular could be challenging as gasoline demand starts to pick up.
When was the last oil refinery built in the US?
1976
The last significant refinery built in the United States was in 1976. (A small refinery came online in 2020 in North Dakota).
Who bought out Valero?
That’s when a Canadian company called Couche-Tard announced it was buying the San Antonio-based company that owns Valero stores, CST brands, for a reported $4.4 billion. Media reports at the time said Couche-Tard didn’t plan to get rid of any workers at Valero stores, they’d simply become Circle K employees.
How many oil refineries are in Texas?
Texas is known as an oil and gas state and with oil and gas production comes the need for refineries. As of January 2014, there were 136 oil refineries operating in the United States and 29 of those are found in Texas. Texas has more oil refineries than any other state in the country.
Who owns the biggest refinery in Texas?
Saudi Aramco
America’s largest oil refinery is now fully owned by Saudi Arabia. Saudi Aramco, the kingdom’s state-owned oil behemoth, took 100% control of the sprawling Port Arthur refinery in Texas on Monday, completing a deal that was first announced last year.
What happened to Diamond Shamrock Refining and marketing company?
In 1987 The Diamond Shamrock Refining and Marketing Company severed ties with Diamond Shamrock Corporation, which was the parent company, and became independent with its headquarters in San Antonio.
What is the old name of the Diamond Shamrock building?
For the building formerly known as the Diamond Shamrock Building, see 1100 Superior. Diamond Shamrock Corp. or Diamond Shamrock Refining and Marketing was an oil refinery and gas station company in the United States, headquartered in San Antonio, Texas .
Who owns Shamrock Oil and gas?
John Sheerin founded Shamrock Oil and Gas on August 9, 1929. As a native of Ireland he named the company after the symbol of his country of origin. The company was financed by the Fownes family of Pennsylvania and headquartered in Amarillo. The early years of the company were difficult experiencing a loss of about $9 million.
Is Diamond Shamrock owned by Valero?
Since 2001, it operates as a brand of Valero and has withdrawn the brand from a majority of Texas gas stations and had converted most of the stores to Valero or sold them off to Texaco or other companies. The origins of Diamond Shamrock can be traced back to three foundation companies: Diamond Alkali, Shamrock Oil and Gas, and Sigmor Corporation.