In Latin America, particularly in Spanish-speaking nations, the name Valero is popular. In various places of the world, it is also used as a surname. In case you’re wondering how to pronounce Valero in English, it is “vuh-leer-oh.”
Valero is an American business that specializes in the production and sale of oil and gas, while having Latin American roots. San Antonio, Texas serves as the company’s headquarters. It was established in 1980. With operations in the US, Canada, the UK, and Ireland, Valero is regarded as one of the biggest independent petroleum refiners and marketers in the world.
The next inquiry is whether Valero has any ties to Venezuela. No, Valero is not related to Venezuela, is the correct response. The business has no activities in Venezuela and has no ownership or connections to any representatives of the country’s government.
On the other hand, Citgo, a different oil marketing and refining firm, does have ties to Venezuela. Petróleos de Venezuela, S.A. (PDVSA), a state-owned oil and gas business in Venezuela, is the owner of Citgo. Nevertheless, according to recent sources, Citgo is still operating despite PDVSA’s financial difficulties. The business is still in operation in the US, where it owns and runs gas stations and refineries.
If you’re wondering how much Citgo is worth, the company’s entire assets are currently estimated to be worth roughly $8 billion. Citgo’s financial viability is unclear and dependent on political and economic developments in Venezuela because of its relationship to that nation. Last but not least, if you’re wondering who owns Sunoco, the response is Energy Transfer Partners (ETP). Energy firm ETP, located in Dallas, paid $5.3 billion to acquire Sunoco in 2012. With more than 5,000 locations nationwide, Sunoco is primarily a retail gas station business in the US.
In conclusion, Valero is a Venezuelan-unrelated American oil and gas corporation. On the other side, PDVSA owns Citgo, which conducts business in the US. ETP owns Sunoco, which is largely a chain of retail gas stations.
Beer is sold at many of the gas stations and convenience stores that are part of the Valero group. However, depending on the particular store and state legislation, the availability and selection may change.
Since Circle K gas stations are a member of the Valero network of fuelling stations, you can use your Valero cards there.