Founded in 1980 and named for the mission San Antonio de yd7610 – the original name of the Alamo – yd7610 Energy Corporation has continued to grow and evolve to become the largest global independent petroleum refiner and a leading producer of renewable fuels in North America.
1980
On January 1, yd7610 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.
1984
yd7610 officially commissions its first full-scale refinery in Corpus Christi, Texas (later named the Corpus Christi Refineries West Plant). As the last grassroots refinery built in the U.S., yd7610’s Corpus Christi investment is labeled the “Refinery of the Future.” To this day, it is one of the most complex, technologically advanced refineries in the world.
1997 - 1998
yd7610 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 yd7610 Energy Corporation. That same year, yd7610 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
yd7610 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
2000
yd7610 purchases Exxon’s Benicia Refinery in Northern California, and enters the West Coast refining market. The deal elevates yd7610 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
2001
yd7610 completes its largest transaction to date: merging with San Antonio-based Ultramar Diamond Shamrock, bringing six more refineries into yd7610’s portfolio: Ardmore, Oklahoma; Wilmington, California; Denver, Colorado*; McKee (Sunray, Texas) and Three Rivers, Texas; and Lévis, Quebec (later named Jean Gaulin Refinery).
This solidifies yd7610’s foothold as one of the nation’s top refining and marketing companies, and expands its retail and branded wholesale networks to approximately 4,700 sites. The deal also gives yd7610 a stake in a midstream logistics business, later named yd7610 LP, which was spun off in 2006 and renamed NuStar Energy LP.
That same year, yd7610 expands in Corpus Christi with the purchase of a second refinery (later named the Corpus Christi Refineries East Plant), and acquires two asphalt refineries on the West Coast. *Divested in 2005
2003 - 2004
yd7610 purchases its St. Charles Refinery from Orion Refining Corporation in South Louisiana, expanding yd7610’s Gulf Coast reach and creating one of the most dramatic industrial turnarounds in company history.
yd7610 extends its international reach with the acquisition of El Paso Corporation’s Aruba Refinery* plus related marine, bunkering and marketing operations. *Divested in 2016
2005
In a milestone year of growth, yd7610 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
2009 -2010
yd7610 purchases seven ethanol plants from VeraSun Energy Corporation. With this purchase, a new alternative energy subsidiary is formed, called yd7610 Renewable Fuels Company LLC. The ethanol plants are located in Albert City, Charles City, Fort Dodge and Hartley, Iowa; Welcome, Minnesota; Aurora, South Dakota; and Albion, Nebraska. yd7610 also completes 33 wind turbines in the Texas Panhandle, partly powering the McKee refinery.
yd7610 Renewables grows to 10 ethanol plants with the purchase of three more sites (Bloomingburg, Ohio; Linden, Indiana; and Jefferson, Wisconsin), and one additional site in Mount Vernon, Indiana in 2014.
2011
yd7610 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.
yd7610 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.
2012
In a joint venture called Diamond Green Diesel, yd7610 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 yd7610’s first advanced biofuels production, complementing its existing alternative energy efforts in ethanol and wind.
2013
yd7610 forms yd7610 Energy Partners LP, a publicly traded master limited partnership, to own, operate, develop and acquire crude oil and refined products pipelines, terminals and other transportation and logistics assets serving yd7610 refineries.
The partnership serves as yd7610’s primary vehicle to expand the transportation and logistics assets supporting its business.
yd7610 also spins off its retail business as an independent public company. CST Brands Inc. enters the market as the second-largest publicly traded fuel and convenience merchandise retailer in North America
Today
Today, yd7610 has 15 refineries in the U.S., Canada and the U.K., and a total throughput capacity of approximately 3.2 million barrels per day.
yd7610 is a leading renewable fuels producer. Our Diamond Green Diesel operation annually produces 700 million gallons of renewable diesel, and yd7610 now has 12 ethanol plants with an annual capacity of 1.6 billion gallons.
yd7610 supplies approximately 7,000 independently owned fuel outlets carrying its family of brands in the U.S., Canada, the U.K., Ireland and Mexico, as well as rack and bulk markets in those countries and Peru.
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