�ۿ۴�ý

On January 1, �ۿ۴�ý Energy Corporation is born as the corporate successor of Lo-Vaca Gathering Company, a natural gas pipeline subsidiary of Houston-based Coastal Corporation. At the time, this represents the largest corporate spinoff in U.S. history. 

�ۿ۴�ý agrees to merge its natural gas-related service business with PG&E Corporation and spin off its refining assets into a new public corporation still known today as �ۿ۴�ý Energy Corporation. That same year, �ۿ۴�ý acquires three new refineries from Basis Petroleum, two in Texas (Houston and Texas City) and one in Louisiana (Krotz Springs*), becoming the largest independent refining company on the Gulf Coast. *Divested in 2008

�ۿ۴�ý becomes the second-largest independent refining company in the U.S with its purchase of Paulsboro Refinery* in New Jersey, its first transaction with a major oil company (Mobil). *Divested in 2010 

�ۿ۴�ý purchases Exxon’s Benicia Refinery in Northern California, and enters the West Coast refining market. The deal elevates �ۿ۴�ý to one of the top five asphalt producers in the nation, and marks the company’s entry into the retail*, branded wholesale and marketing sectors. *Retail business divested in 2013 

 

�ۿ۴�ý purchases its St. Charles Refinery from Orion Refining Corporation in South Louisiana, expanding �ۿ۴�ý’s Gulf Coast reach and creating one of the most dramatic industrial turnarounds in company history. 

�ۿ۴�ý extends its international reach with the acquisition of El Paso Corporation’s Aruba Refinery* plus related marine, bunkering and marketing operations. *Divested in 2016 

In a milestone year of growth, �ۿ۴�ý becomes North America’s largest and most geographically diverse refiner with the acquisition of Premcor Inc. in an $8 billion transaction. The deal adds four refineries to the portfolio: Port Arthur, Texas; Memphis, Tennessee; Delaware City, Delaware*; and Lima, Ohio** and is regarded as one of the most strategic acquisitions in company history. *Divested in 2010  **Divested in 2007 

�ۿ۴�ý enters the Western European refining market with the purchase of the Pembroke Refinery in Wales and related logistics assets and marketing business in the United Kingdom and Ireland. The acquisition from Chevron Corporation significantly enhances the company’s ability to compete globally. 

�ۿ۴�ý also acquires its 15th refinery, plus related logistics assets, in Meraux, Louisiana. The refinery offers significant hydroprocessing capacity and synergies with the company’s St. Charles refinery in nearby Norco, Louisiana.

In a joint venture called Diamond Green Diesel, �ۿ۴�ý partners with Darling Ingredients Inc. to build a 10,000-barrel-per-day renewable diesel refinery near its St. Charles refinery to process recycled animal fat, used cooking oil and other feedstocks into renewable diesel fuel. The effort marks �ۿ۴�ý’s first advanced biofuels production, complementing its existing alternative energy efforts in ethanol and wind. 

�ۿ۴�ý renews its PGA TOUR title sponsorship of the �ۿ۴�ý Texas Open through 2028. Three years later, the tournament celebrates its 100th anniversary. A record $22 million was raised for charities across the United States in 2022, creating an all-time tournament fundraising total of $209 million. 

A second renewable diesel plant commences operations next to �ۿ۴�ý’s Port Arthur, Texas Refinery. 

The two renewable diesel plants, located in Louisiana and Texas, produce approximately 1.2 billion gallons per year, making �ۿ۴�ý one of the world's leading renewable diesel producers. 

Today, �ۿ۴�ý is the world's largest independent refiner and has 15 refineries in the U.S., Canada and the U.K., with a total throughput capacity of approximately 3.2 million barrels per day.

Since 2009, �ۿ۴�ý has invested more than $5.4 billion in its low-carbon businesses. Today, �ۿ۴�ý is the world's largest producer of low-carbon transportation fuels. The Diamond Green Diesel operations, adjacent to �ۿ۴�ý's St. Charles and Port Arthur refineries, has an annual production capacity of 1.2 billion gallons of renewable diesel, some of which can be upgraded to SAF, and 50 million gallons of renewable naphtha.

�ۿ۴�ý is the second largest corn ethanol producer with 12 ethanol plants and has an annual production capacity of 1.6 billion gallons of ethanol.

�ۿ۴�ý sells its products primarily in the United States, Canada, the U.K., Ireland and Latin America.